Loopin

Overview
News
Remote Work Infrastructure?
HR Tech?
Product stageSegments
Early
?
Integrated Performance and Engagement Platforms
?

Loopin is a Bristol-based startup that aims to improve workplace morale and performance by combining OpenAI's ChaptGPT and Natural Language Processing (NLP) with its own proprietary coaching platform for employee wellbeing. It generates predictive behavioral analytics to assess the employee’s mood, measure and forecast their morale, and allow companies to benchmark themselves against similar organizations.

Loopin's platform includes a daily "check-in" via Slack or Microsoft Teams, where employees can share small updates on their moods using emojis, which are anonymized for privacy. Loopin's "virtual coach" provides managers with tips on how to better support their team and unlock better performance. These are based on each team's data and the company’s proprietary coaching methodology.

Key customers and partnerships

As of April 2023, the company had attracted 40 paying customers, including Reed, Farfetch, and JD Sports.

In April 2023, it raised GBP 1.6 million (~USD 1.9 million) in seed funding from unnamed angel investors to further develop its platform. Funds were earmarked to further develop Loopin's AI-powered platform, which combines OpenAI’s ChatGPT with the company's proprietary coaching platform to measure staff morale and provide personalized coaching and leadership development advice to employees and managers in real time.

HQ location:
101 Victoria Street Redcliffe Bristol GBR
Founded year:
2018
Employees:
1-10
IPO status:
Private
Total funding:
USD 3.3 mn
Last Funding:
USD 2.0 mn (Seed; Apr 2023)
Last valuation:
USD 6.1 mn (Sep 2021)
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