Loom was founded in 2016 by Joe Thomas, Shahed Khan, and Vinay Hiremath. According to a TechCrunch report in October 2023, Loom was acquired by Atlassian for $975 million.
Loom is a video messaging service that allows employees to easily record and send messages within a company. Per Forge data, Loom raised $203.6 million in funding over 7 rounds. Their latest funding was raised on May 20, 2021, from a Series C round.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
05/20/2021 | Series C | $130MM | $xx.xx | $1.54B | Andreessen Horowitz, Coatue, General Catalyst, Iconiq Growth, Kleiner Perkins, Sequoia | |
Price per Share
$xx.xx
Shares Outstanding
8,031,280
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Coatue, General Catalyst, Iconiq Growth, Kleiner Perkins, Sequoia
|
||||||
05/20/2020 | Series B+ | $23.48MM | $xx.xx | $323.5MM | Atlassian, Coatue, Dylan Fields, General Catalyst, Kleiner Perkins, Sequoia, Slack Fund | |
Price per Share
$xx.xx
Shares Outstanding
5,953,564
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Atlassian, Coatue, Dylan Fields, General Catalyst, Kleiner Perkins, Sequoia, Slack Fund
|
||||||
11/26/2019 | Series B | $28.07MM | $xx.xx | $153.13MM | Atlassian, Coatue, Dylan Fields, General Catalyst, Kleiner Perkins, Sequoia, Slack Fund | |
Price per Share
$xx.xx
Shares Outstanding
13,508,564
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Atlassian, Coatue, Dylan Fields, General Catalyst, Kleiner Perkins, Sequoia, Slack Fund
|
||||||
11/27/2018 | Series A | $10.7MM | $xx.xx | $43.7MM | 1517 Fund, Daniel Gross, Dylan Field, General Catalyst, Jared Leto, Kleiner Perkins, Point Nine Capital | |
Price per Share
$xx.xx
Shares Outstanding
14,428,268
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
1517 Fund, Daniel Gross, Dylan Field, General Catalyst, Jared Leto, Kleiner Perkins, Point Nine Capital
|
||||||
05/22/2017 | Series Seed-2 | $622,145.00 | $xx.xx | $16.25MM | General Catalyst, Point Nine Capital | |
Price per Share
$xx.xx
Shares Outstanding
4,291,248
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
General Catalyst, Point Nine Capital
|
||||||
05/22/2017 | Series Seed-1 | $3.13MM | $xx.xx | $16.25MM | General Catalyst, Point Nine Capital | |
Price per Share
$xx.xx
Shares Outstanding
8,413,620
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
General Catalyst, Point Nine Capital
|