Loop Commerce

OverviewSuggest Edit

Loop Commerce is driving a paradigm shift in e-gifting and commerce overall. Loop’s enterprise-grade, fully customizable e-gifting solution powers the shopping experience, checkout and e-gifting platform for the world’s top retailers. With Loop, customers can purchase any product in a retailer’s online store as a gift, without needing to know the recipient’s size, color, style preference or shipping address. Loop’s solution seamlessly integrates with retailers’ online stores and backend systems, fueling increased business, reducing costly returns and exchanges and enhancing customer acquisition and loyalty. With $30 million investment from PayPal as well as top leaders in e-commerce and technology, Loop was recognized by Forbes magazine last year as one of the “12 innovative companies moving global commerce forward."
TypePrivate
Founded2012
HQMountain View, US
Websiteloopcommerce.com
Employee Ratings4.7

Latest Updates

Employees (est.) (Sept 2020)68
Cybersecurity ratingBMore

Key People/Management at Loop Commerce

Michael Scharff

Michael Scharff

EVP Sears Canada, Former SVP Toys R Us, Best Buy & Staples, Investor in Loop

Loop Commerce Office Locations

Loop Commerce has offices in Mountain View and Menlo Park
Mountain View, US (HQ)
150 W Evelyn Ave
Menlo Park, US
611 Santa Cruz Ave
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Loop Commerce Financials and Metrics

Summary Metrics

Founding Date

2012

Loop Commerce total Funding

$29.2 m

Loop Commerce latest funding size

$16 m

Time since last funding

5 years ago

Loop Commerce investors

Loop Commerce's latest funding round in April 2015 was reported to be $16 m. In total, Loop Commerce has raised $29.2 m
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Loop Commerce Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

Loop Commerce Online and Social Media Presence

Embed Graph

Loop Commerce Blogs

Holiday Gift-Giving Trends from Loop Commerce

Over the 2019 holiday period, we gathered thousands upon thousands of data points related to gift-giving behavior exhibited by users of our platform, GiftNow. As users drift towards even further towards a pure online experience when shopping for others, we uncovered several interesting facts related…

2019 Gifting Trends: Looking Back at Gift-Giver Behavior

Looking back on gifting trends from the first 9 months of this year, we’ve pulled together GiftNow data to share as we head into the 2019 holiday season. From the most popular gift categories to the number of gifts exchanged before being shipped with GiftNow, these insights chronicle how consumers s…

How Technology Can Enhance Your Sustainability As a Business

In the eyes of consumers, the definition of a “sustainable business” has evolved significantly over the years. Today’s expectations for businesses to reflect a social conscience in their mission statements, embrace sustainable practices in every corner of their organization, and use technology to do…

How to Drive Incremental Revenue by Emboldening Gift Givers

Fifteen to 20 percent of all transactions are intended to be gifts for someone else. But despite its popularity in the retail world, gifting has long been a tough go for givers, receivers, and retailers alike. Gift givers are burdened with a mountain of barriers on their quest to give the perfect gi…

2018 Gifting Trends by Loop Commerce, a Synchrony Solution

Digital gifting insights, top gifted products, and device of choice. Your 2018 gifting trends are here. As featured on Business Wire, “As the holiday season begins, GiftNow, a digital gifting platform provided by Loop Commerce, a Synchrony solution, unveils its 2018 gifting trends. When buying a gif…

Kenneth Cole Launches Giftnow®

Through a partnership with Loop Commerce, Kenneth Cole is integrating a digital-gifting platform that supports a full set of digital gifting options. This includes the company’s GiftNow service that enables consumers to purchase and instantly deliver any product online, as well as the ability to sha…
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Loop Commerce Frequently Asked Questions

  • When was Loop Commerce founded?

    Loop Commerce was founded in 2012.

  • Who are Loop Commerce key executives?

    Loop Commerce's key executives are Michael Scharff.

  • How many employees does Loop Commerce have?

    Loop Commerce has 68 employees.

  • Who are Loop Commerce competitors?

    Competitors of Loop Commerce include Elecosoft, Rsupport and Communisis.

  • Where is Loop Commerce headquarters?

    Loop Commerce headquarters is located at 150 W Evelyn Ave, Mountain View.

  • Where are Loop Commerce offices?

    Loop Commerce has offices in Mountain View and Menlo Park.

  • How many offices does Loop Commerce have?

    Loop Commerce has 2 offices.