Loop
Founded 2020 · 24 employees on LinkedIn · 4 known investors
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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.
Investors · 4
Backstage Capitallisted by Backstage CapitalLos Angeles · $50K
How we know: Backstage Capital's portfolio page · the VCSheet dataset · Not right? Tell us
Third SpherereportedNew York · $250K – $1M
How we know: the VCSheet dataset · Not right? Tell us
Related companies · 7
ExperianExperian 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.
TruecarTrueCar operates an online marketplace that connects consumers with certified dealers for buying, selling, and leasing new, used, and certified pre-owned vehicles. The platform provides research and shopping tools to facilitate transparent automotive transactions.
Credit KarmaCredit 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 OneCapital 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.
CarGurusCarGurus operates a car-shopping mobile app that lets consumers compare vehicles, view price estimates, and find deals on dealership lots. It offers features such as real-time price-drop alerts and an in-store "Dealership Mode" for buyers browsing used and new cars.
ChaseA 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 SolutionsRamsey 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 working in the same space as Loop.
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.






