Austin Texas based Loop Mobility dba Loop is raising $21,000,000.00 in New Equity Investment.
Austin, TX – According to filings with the U.S. Securities and Exchange Commission, Loop Mobility dba Loop is raising $21,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, John Henry played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Loop Mobility dba Loop
Loop is a Public-Benefit Corporation and insurance provider, using Artificial Intelligence to create more equitable insurance products. Car insurance is just the start. Lets get moving. Provider of auto insurance services intended in leveraging AI, big data, and telematics to create more fairly priced insurance products. The company’s service provides an AI-based approach to pricing measures road safety and its customers driving behavior on those roads, enabling customers to get quoted instantly, insured within minutes, and receive good customer service.
To learn more about Loop Mobility dba Loop, visit http://www.ridewithloop.com/
Contact:
John Henry, Chief Executive Officer
844-544-5667
https://www.linkedin.com/in/johnhenrystyle/
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