Fundraising Fox

LocaLoop

St. Louis Park, US · Minnesota corporation

LocaLoop provides a cloud-based 4G+ broadband internet platform aimed at closing the connectivity gap in rural areas across the United States. It offers a business solution for delivering broadband service to underserved rural markets.

Cloud ComputingEnterprise SoftwareSaaS

Founders & leadership

CT
Carl-Johan TorarpFounder

Reported raises · per SEC filings

Form D private placements

$924.5K disclosed across 3 rounds · 2016–2018

▶$323.1KraisedDec 2018 · 31 investors · Telecommunications
Rule 506(b)
Officers, directors & promoters on the filing
  • Carl-Johan TorarpExecutive Officer, Director
Offering amount
$1M
Amount sold
$323.1K
First sale
Sep 2018
Incorporated
Corporation, Minnesota
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$551.5KraisedJul 2017 · 18 investors · Telecommunications
Rule 506(b)
Officers, directors & promoters on the filing
  • Carl-Johan TorarpExecutive Officer, Director
Offering amount
$750K
Amount sold
$551.5K
Sales commissions
$100K
Placement agents
BrokerBank Securities, Inc.
First sale
Jun 2017
Incorporated
Corporation, Minnesota
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$50KraisedSep 2016 · 1 investors · Telecommunications
Rule 506(b)
Officers, directors & promoters on the filing
  • Carl-Johan TorarpExecutive Officer, Director
Offering amount
$2M
Amount sold
$50K
Minimum investment
$25K
Sales commissions
$100K
Proceeds to insiders
$75K
Placement agents
BrokerBank Securities, Inc.
First sale
Aug 2016
Incorporated
Corporation, Minnesota
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 1

by search overlap
Loop5 shared keywordsLoop builds AI-powered software for transportation spend and payment management in the supply chain, using an LLM and an "atomic task" system to structure supply chain data and automate back office financial processes. It serves companies in the transportation and logistics industry to reduce costs and manage freight spend.

Companies competing with LocaLoop for the same Google search keywords, organic and paid, via search-intersection analysis.

Frequently asked questions

What does LocaLoop do?
LocaLoop provides a cloud-based 4G+ broadband internet platform aimed at closing the connectivity gap in rural areas across the United States. It offers a business solution for delivering broadband service to underserved rural markets.
Who founded LocaLoop?
LocaLoop was founded by Carl-Johan Torarp.
How much funding has LocaLoop raised?
LocaLoop has disclosed $924.5K raised across 3 rounds.
Where is LocaLoop headquartered?
LocaLoop is headquartered in St. Louis Park, US.