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
HQMenlo Park, US
Websiteloopcommerce.com
Employee Ratings5

Latest Updates

Employees (est.) (Sep 2019)57(+4%)

Key People/Management at Loop Commerce

John Koryl

John Koryl

President, Neiman Marcus Stores and Online
Mike McNamara

Mike McNamara

EVP Digital, Target
Marc Metrick

Marc Metrick

President of Saks Fifth Avenue
Don Katz

Don Katz

EVP Amazon, Founder & CEO of Audible, Investor in Loop
Michael Scharff

Michael Scharff

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

Jordan Lustig

Vice President, Digital Product Management, Saks Fifth Avenue
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Loop Commerce Office Locations

Loop Commerce has an office in Menlo Park
Menlo Park, US (HQ)
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

4 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 Online and Social Media Presence

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Loop Commerce Blogs

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…

Mother’s Day? Check. Father’s Day? Right Around the Corner.

What Mother’s Day gift-buying data can tell retailers preparing for Father’s Day. It’s that time of year again, when we officially honor our parents, caregivers and friends and show them our appreciation and affection. We told Mom how special she is last month by giving her gifts on Mother’s Day, bu…

Synchrony Completes Acquisition of Loop Commerce

Synchrony diversifies portfolio by entering G-Commerce space June 8, 2018 – Stamford, CT — Synchrony (NYSE: SYF), a premier consumer financial services company delivering customized financing programs, today announced it has completed the acquisition of Loop Commerce – a technology leader in digital…

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 John Koryl, Mike McNamara and Marc Metrick.

  • How many employees does Loop Commerce have?

    Loop Commerce has 57 employees.

  • Who are Loop Commerce competitors?

    Competitors of Loop Commerce include REthink, Shiftboard and beqom.

  • Where is Loop Commerce headquarters?

    Loop Commerce headquarters is located at 611 Santa Cruz Ave, Menlo Park.

  • Where are Loop Commerce offices?

    Loop Commerce has an office in Menlo Park.

  • How many offices does Loop Commerce have?

    Loop Commerce has 1 office.