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Funding Success: Work-for-Equity Platform Loom Raises $150k in Series A Round!

Loom

Funding Amount
USD 150.0K
Company Size
2-10 employees
Industry
Technology, Information and Internet

We are thrilled to announce that Loom, the world’s first work-for-equity platform dedicated to helping entrepreneurs transform their ideas into reality, has successfully raised $150,000 in its latest funding round. This investment will significantly strengthen Loom’s mission of empowering innovative minds by connecting them with passionate freelance web developers who are eager to collaborate. By enabling entrepreneurs to compensate developers with cash or equity, Loom is breaking down financial barriers that often stifle creativity and innovation. Based in the vibrant tech hub of Austin, Texas, Loom has built a unique ecosystem which not only simplifies the entrepreneurial journey but also ensures the protection of confidential information and streamlines the legal aspects of collaboration. With this new funding, Loom plans to enhance its platform, invest in powerful tools for both entrepreneurs and developers, and expand its outreach to encourage a more diverse group of innovators to bring their ideas to life. Entrepreneurs can post their groundbreaking concepts and receive bids from talented web developers from around the globe, all while ensuring a secure and cost-effective collaboration. We invite you to join us on this exciting journey by visiting Loom today and exploring how you can turn your vision into a successful digital product. Our commitment to fostering creativity and innovation is unwavering, and with your support, we can continue to revolutionize the way entrepreneurial dreams are realized.

July 31, 2024

Buying Signals & Intent

This company has expressed interest in the following products and services:

Analyzed by AI based on company activities and public data
  • Video Production Software
  • Communication Tools
  • Remote Work Solutions
  • Documentation Automation
  • Team Collaboration Services

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