Loop
Founded 2020 · 24 employees on LinkedIn · 4 known investors
LOOP provides car insurance aimed at underserved and working-class communities, using a pricing model that excludes credit score, education, and occupation from rate calculations. It positions itself as a more affordable and equitable alternative to traditional auto insurers.
Founders & leadership
Loop was founded in 2020 by Carey Anne Nadeau.
CA
Carey Anne NadeauCo-Founder & Co-CEO
Investors · 4
Competitors · 7
by search overlapExperian241 shared keywordsExperian offers consumers tools to access their credit report and FICO Score, build credit, and manage money, including credit card matching, bill and subscription negotiation, car insurance comparison, and a digital checking account with debit card. It serves individual U.S. consumers through its app and financial products.
Truecar214 shared keywordsTrueCar is an online automotive marketplace where consumers can research, compare, and shop for new and used cars, including pricing comparisons and vehicle listings from dealers. It provides model-vs-model comparison tools and searchable inventory across many makes and models.
Credit Karma212 shared keywordsCredit Karma is an AI-powered personal finance platform that provides free credit scores, credit monitoring, cashflow insights, and financial marketplace services to help consumers understand and manage their finances. The platform serves over 140 million members with tools for credit analysis, tax filing, and financial opportunity identification.
Capital One212 shared keywordsCapital One is a financial services company that offers credit cards, checking and savings accounts, auto financing, and business banking products to consumers and small businesses. The company provides digital banking tools, rewards programs, and credit monitoring services.
CarGurus210 shared keywordsCarGurus operates an online automotive marketplace where consumers can search new and used car listings, compare deal ratings and vehicle history, get financing pre-qualification, and buy or sell vehicles online. It connects car shoppers with dealer inventory and provides research, reviews, and instant-offer tools.
Chase204 shared keywordsA wealth management and investing service (J.P. Morgan Wealth Management via Chase) offering self-directed brokerage accounts with commission-free online trades as well as one-on-one advisor services, financial planning tools, and retirement accounts. It serves individual retail investors ranging from beginners to experienced investors in the United States.
Ramsey Solutions200 shared keywordsRamsey Solutions provides personal finance education, tools, and coaching—including the 7 Baby Steps plan, a vetted network of financial service providers (RamseyTrusted), and AI-powered money advice—to help individuals get out of debt and build wealth. The company also produces The Ramsey Show and offers budgeting resources for consumers managing their personal finances.
Companies competing with Loop for the same Google search keywords, organic and paid, via search-intersection analysis.
Frequently asked questions
- What does Loop do?
- LOOP provides car insurance aimed at underserved and working-class communities, using a pricing model that excludes credit score, education, and occupation from rate calculations. It positions itself as a more affordable and equitable alternative to traditional auto insurers.
- Who founded Loop?
- Loop was founded by Carey Anne Nadeau in 2020.
- Who are Loop's investors?
- Loop's investors include Backstage Capital, Foundry, New Voices, Third Sphere.