Loop Golf
524 Buena Vista Ave, Redwood City, CA, 94061, United States
Overview
Loop Golf operates a concierge-style platform that scours the internet and automatically books tee times that match users’ criteria (time, price, travel distance, etc.). The company charges a 10% fee on each booking and says its margins are high while leveraging AI developer tools to keep headcount low. Loop Golf launched in beta last December and is now fully open, with more than 3,000 public courses on the platform, including over half of Golf Digest’s top 100 public courses. Users are already booking two to three times per month and the startup reports gross merchandise value growing 100% month over month. The founder, Matt Holder, built the product from his marketplace-product background and designed a “secret sauce” software layer to track, find and auto-book tee times. As it scales, Loop Golf plans to partner more directly with courses, fill gap reservations from cancellations (up to 20% of bookings) and monetize course-level demand data.
- Total raised
- $1M
- Funding rounds
- 1
- Latest round
- Seed
- Latest activity
- Jun 2024
Industries
- Internet
- Marketplace
Recent funding
Seed
Jun 2024
$1M
Team
Matthew Holder
Founder
LinkedIn