Chicago based payments platform for the shipping and logistics industry raised $30m in Seed and Series A funding led by 8VC, Susa Ventures and Founders Fund.
“Our hypothesis was that if this is a problem for Uber, one of the best technology companies in the world, we’re pretty sure it’s going to be a problem for Ace Hardware or, you know, Joe’s Trucking out of Ohio,” said Matt McKinney, co-founder and CEO of Loop, which this week emerged from stealth.