The problem
Shippers overpay carriers because invoices, contracts and tracking data are messy and audited by hand
What they do
AI logistics data platform for freight and parcel audit, carrier payments and shipment visibility
Traction Manages $25B+ in annual freight and parcel spend; No. 10 on 2026 Inc. 5000
Hiring trend
- Open roles
- 51
- Ops roles
- 4
- Headcount
- ~180-220
Headcount ~180, +61% YoY (LinkedIn est.); 23 distinct roles (44 postings across SF, Chicago, NY)
Funding
- Last round
- $95M
- Stage
- Series C
- Date
- Apr 2026
Led by Valor Equity Partners, Valor Atreides AI Fund
- Hiring+251 open roles on the live job board (30+ roles = +2)
- Funding recency+1.5Series C · $95M, Apr 2026 (6 months ago): 6 months or less = +1.5
- Traction+1.5Strong growth: Manages $25B+ in annual freight and parcel spend; No. 10 on 2026 Inc. 5000
- Red flags0None found in the last 24 months
- Total5.02 + 1.5 + 1.5 − 0 = 5.0 → Sprint (4.75 or more)
Distance (Half) is a separate read on how long the lead can last. It doesn't change the score.
Distance
Half · edge: hard to leave
Strong #2-3 in freight audit and payment behind legacy players like Cass, now in Gartner's market guide with $25B+ spend under management; once a shipper's invoices and payments run through Loop it is hard to switch.
Sources: Loop: recognized in 2026 Gartner Market Guide for freight audit and payment (Feb 2026) ↗ · Loop: Inc. 5000 No. 10, $25B+ spend managed (Aug 2026) ↗
Last checked Oct 25, 2026