on SeedInvest
Tech

Loop

A private social network and home display that helps families stay connected
San Francisco, 
CA
Investment type:
Equity
(Convertible Note)
Target raise:
$300,000
Minimum investment:​
$5,000
End date:
Jun 26, 2021
ended
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Highlights

Shipped over $1M worth of product

Proven subscription plan for $36/yr with 29.6% attach rate (based on Loop Digital Frames purchased in 2020)

Investors include Resolute Ventures, Jason Calacanis, David Tisch, Gokul Rajaram – board of Coinbase and Pinterest, Moai Capital – Brian Jacobs, co-founder of Emergence Capital, Tim Kendall – former President of Pinterest and early Facebook exec, Othman Laraki – founder of Color, former VP of Product at Twitter

Founders include the former engineering lead for Zynga’s “Words with Friends” one of the world’s most popular mobile games

Nationwide pilot at Best Buy stores sold out in less than four weeks