Loop by California Labs (previously Loop)
A WiFi connected display and private social network that helps families stay connected around the world
Overview
Raised: $38,991
Total Commitments ($USD)
StartEngine
03/23/2022
06/29/2022
$249
Equity - Common
Seed
RegCF
$1.47
$25,608,673
Rolling Commitments ($USD)
07/02/2022
$402
33
2014
Consumer Products, Goods & Services
Hardwaretech
B2C
Medium
Low
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$225,588 |
$293,060 |
|
COGS |
$124,063 |
$196,306 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-935,449 |
$-483,054 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$553,751 |
$347,335 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$1,328,671 |
$1,262,709 |
|
Short-Term Debt |
$361,533 |
$266,014 |
|
Long-Term Debt |
$4,653,246 |
$3,794,963 |
|
Total Liabilities |
$5,014,779 |
$4,060,977 |
Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Loop (previously Loop by California Labs) | 04/28/2024 | Wefunder | $14,000,000 | $100,311 | SAFE | Active | RegCF |
| Loop by California Labs (previously Loop) | 06/28/2022 | StartEngine | $25,608,673 | $38,991 | Equity - Common | Funded | RegCF |
| Loop | 10/03/2019 | SeedInvest | $8,500,000 | $3,038,213 | Convertible Note | Funded | RegCF / RegD 506(c) |
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.
Valuation History
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Employee History
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