Loop store
Loop is a circular shopping platform.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor | €0.0 | round |
$2.0m | Series A | ||
| Total Funding | 000k | ||
| EUR | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | - | 21 % | 53 % | 10 % | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | - | - | (5 %) | - | - | - |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | - | - | (4 %) | - | - | - |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Dealroom estimates
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Loop Store was founded by Dimitri O and Maarten Bodewes, two friends with a shared passion for engineering and music. They launched the company in 2016, initially focusing on creating innovative earplugs designed for concert-goers. Their product quickly gained traction, appealing to a wide audience seeking both style and functionality.
In the early years, Loop Store faced significant challenges, including the impact of the COVID-19 pandemic, which threatened their core market. However, the founders adeptly pivoted their strategy, expanding their product line to cater to parents and remote workers in need of quiet environments. This strategic shift not only saved the company but also positioned it for future growth.
Loop Store's journey took a significant turn in 2024 when they acquired Wonderment, a strategic move that expanded their capabilities and market reach. This acquisition was a testament to their growth and adaptability in a competitive market.
By 2025, Loop Store had raised a total of $65 million in funding over several rounds, with major investors including J.P. Morgan and Index Ventures. This financial backing enabled them to continue innovating and expanding their product offerings.
Today, Loop Store stands as a leader in the earplug market, known for their commitment to quality and innovation. Their story is one of resilience and strategic foresight, demonstrating how a small startup can evolve and thrive in the face of adversity.