Loopr develops edge-based AI applications for manufacturers that perform defect scanning, maintenance prediction, inventory management and process analytics, plus an NLP tool to extract text from compliance paperwork. The platform captures process data, generates analytics, and monitors and improves application performance; more than 90% of its AI applications can be white‑labeled and the company also sells a pre-packaged offering. Loopr was inspired by the founder’s family manufacturing business and aims to reduce defects and speed inspection through micron-level anomaly detection. The company trains and contracts disenfranchised women for its Data Annotation team as part of a social-impact mission. Loopr is a 15-person team, has partnered with Microsoft, and recently raised more than $1 million. The startup intentionally targets manufacturers in similar industries and plans to scale by repeating and white-labeling its models to new customers.

Total raised

$1M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2023