LOOP

LOOP

Insurance

Austin, Texas 7,586 followers

Car insurance that Drives Good.

About us

Hey, we’re LOOP. We use predictive models and real-time driving data to create fair and equitable car insurance whilst eliminating biased and discriminatory factors—like credit scores, zip codes, and job titles—from the equation. We’re a mission, with a business. We believe systemic injustice has no place in our financial systems. That’s why we only look at how and where you drive to give you a car insurance quote that you can feel great about. Backed by top-tier VCs, institutional investors, and reinsurers who all believe in bringing change to this industry, we’re committed to giving back and being a force for good in the world so we can uplift the communities impacted by systemic injustice. To us, that’s what it means to Drive Good.

Industry
Insurance
Company size
51-200 employees
Headquarters
Austin, Texas
Type
Privately Held
Founded
2020
Specialties
Insurance and Mobility

Locations

Employees at LOOP

Updates

  • View organization page for LOOP, graphic

    7,586 followers

    We’re building fair, equitable, and affordable insurance based on how and where you drive. We put people first, treating our members with respect and dignity—making sure they can chat with an understanding person, not a frustrating bot.⁠ ⁠ And as a registered B-Corp, we’re committed to giving back and being a force for good in the world so we can uplift the communities impacted by systemic injustice. To us, that’s what it means to Drive Good.

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Funding

LOOP 3 total rounds

Last Round

Convertible note

US$ 10.0M

See more info on crunchbase