Loopi is a social-commerce platform that mixes an infinite video feed of creators showcasing products with an in-app cart and checkout. The app provides creators with a curated catalog of more than 5,000 products and a simple button on videos to view and purchase showcased items. Founded in April, Loopi targets multiple categories including fashion, beauty and home decoration and is building for Brazil and broader Latin America. The company plans to use its new funding to expand partnerships with brands and creators, grow its product selection and scale hiring—especially in product and technology. Founders Ricardo Bechara (CEO), Cesario Martins (head of product and technology) and Felipe Brasileiro say they are building robust integration technology to connect merchants and creators and surface business metrics. Loopi also emphasizes local payments and deliveries in reais to suit Latin American consumers and to help creators monetize their work.

Total raised

$5M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2021