Headquarters: San Francisco, California, USA
Founded: 2021
Founder(s): Matt McKinney (CEO), Shaosu Liu (CTO)
Notable Investors: 8VC, Founders Fund, Flexport, Susa Ventures, Expa Ventures, Maersk, J.P. Morgan Growth Equity, Index Ventures
Loop is a software company that helps large businesses manage the financial side of their shipping operations. Every shipment—by truck, rail, air, or sea—generates paperwork: invoices, receipts, contracts, and more. Loop consolidates all of it into a single cloud-based platform, allowing companies to automate audits, eliminate errors, and control logistics costs with precision.
At its core, Loop functions like an intelligent assistant for logistics and finance teams. It uses machine learning to read and verify every freight bill, matching charges against contracts and shipment data. If an invoice includes a mistake—say, a duplicate charge or the wrong rate—the system flags it before payment goes out. This saves companies from costly overpayments and speeds up a process that is traditionally bogged down in manual checks and delays.
Loop’s dashboard provides real-time visibility into transportation spending, highlighting where costs are concentrated and where savings can be unlocked. Customers—ranging from manufacturers to retailers and logistics providers—gain a centralized view of all freight and parcel expenses. This unified data makes it easier to track trends, negotiate rates, and manage supplier performance.
Beyond cost control, Loop improves cash flow. In legacy systems, it can take weeks—or even months—for carriers to get paid. Loop accelerates this cycle by automating approvals and payments, benefiting both shippers and their transport partners. Companies like Great Dane, GILLIG, and Loadsmart already rely on Loop to streamline operations and reduce logistics overhead.
Founded in 2021 by veterans of Uber Freight and Flexport, Loop is backed by leading investors including J.P. Morgan Growth Equity and Index Ventures. As supply chains modernize, Loop is positioning itself as the financial backbone of global transport—bringing clarity, speed, and efficiency to a historically fragmented part of the economy.
Since inception, Loop has grown at an astronomical pace and shows no sign of slowing down. We loved Loop for being a play at the intersection of Fintech and Logistics, two verticals we are particularly excited about.
Loop’s target customers are shippers that manufacture or distribute goods, although they can also work with brokers, or 3PLs, who broker a transaction between a truck driver and the shipper.
The Leadership Team is comprised of Matt McKinney (CEO & Co-Founder), Shaosu Liu (CTO & Co-Founder), and Heidi Yang (Head of Product Design). All three previously held positions at Uber Freight.
