
Loom is the world’s first work-for-equity platform that helps entrepreneurs bring ideas to life. With a focus on creating quality digital products, Loom empowers entrepreneurs around the world to connect with passionate freelance web developers willing to bring their ideas to life in exchange for cash or equity in the company. Loom simplifies and streamlines the legal process, protects confidential information and supports entrepreneurs on a cost-effective and efficient path to bringing ideas to life. Raise ideas, not funds, on Loom. Loom is based in Austin, Texas. To post your ideas for free and immediately start getting bids from developers around the world, visit joinloom.com today.

Loom is the world’s first work-for-equity platform that helps entrepreneurs bring ideas to life. With a focus on creating quality digital products, Loom empowers entrepreneurs around the world to connect with passionate freelance web developers willing to bring their ideas to life in exchange for cash or equity in the company. Loom simplifies and streamlines the legal process, protects confidential information and supports entrepreneurs on a cost-effective and efficient path to bringing ideas to life. Raise ideas, not funds, on Loom. Loom is based in Austin, Texas. To post your ideas for free and immediately start getting bids from developers around the world, visit joinloom.com today.
Product: Asynchronous video messaging for workplace communication (screen + camera recording, shareable links)
Founded: Mid-2016 (originated from Opentest)
Founders: Joe Thomas, Vinay Hiremath, Shahed Khan
Funding signal: Raised multiple VC rounds including $130M Series C (May 2021)
Exit: Acquired by Atlassian (announced October 2023)
Workplace communication and asynchronous collaboration
2016
Enterprise collaboration / Communication software
11,000,000
Reported Series A reported in 2019 coverage
30,000,000
Series B led by Sequoia Capital
130,000,000
Series C valued company at $1.53B
“Backed by top-tier venture investors including Andreessen Horowitz, Sequoia Capital, Kleiner Perkins, Coatue, and General Catalyst”