Technology

Loop, which uses AI to digitize shipping invoices and other logistics documents, raised $30M across a seed and a Series A from Founder's Fund, Flexport, others (Jack Daleo/FreightWaves)

Photo of Grace Will Grace Will November 5, 2022
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Loop, which uses AI to digitize shipping invoices and other logistics documents, raised $30M across a seed and a Series A from Founder's Fund, Flexport, others (Jack Daleo/FreightWaves)
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Jack Daleo / FreightWaves:

Loop, which uses AI to digitize shipping invoices and other logistics documents, raised $30M across a seed and a Series A from Founder’s Fund, Flexport, others  —  Company handled $1B in payment volume in its 1st year … Here’s a wild stat: Between 20% and 30% of all invoices today contain some form of exception or error.



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