Loom was founded in 2016 by Joe Thomas, Shahed Khan, and Vinay Hiremath. The company has not publicly endorsed plans to participate in an IPO.
Loom is a video messaging service that allows employees to easily record and send messages within a company. The service exploded in popularity as businesses began searching for creative ways to connect employees who were working from home in high numbers. Loom has raised more than $200 million in venture capital funding from investors including Andreessen Horowitz, Kleiner Perkins, Sequoia, Coatue, and General Catalyst. The company announced a valuation of $1.53 billion following a $130 million round of Series C funding.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Loom does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Loom will be known as it becomes public. Here are similar public companies: Dropbox (NAS: DBX), Okta (NAS: OKTA), VMware (NYS: VMW), Workday (NAS: WDAY), Atlassian (NAS: TEAM).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 5/20/2021 | Series C | $1.54B | $XXX.XX | $XXX.XX |
| 5/20/2020 | Series B+ | $323.5MM | $XXX.XX | $XXX.XX |
| 11/26/2019 | Series B | $153.13MM | $XXX.XX | $XXX.XX |
| 11/27/2018 | Series A | $43.7MM | $XXX.XX | $XXX.XX |
| 5/22/2017 | Series Seed-1 and Seed-2 | $16.25MM | $XXX.XX | $XXX.XX |
Loom is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own Loom pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Loom is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
