Loop, a startup that uses AI to organize and automate logistics data, has raised $95 million in a Series C round. The company, co-founded by Matt McKinney and Shaosu Liu, builds software that turns fragmented shipping and financial records into structured, usable information for enterprise supply chain teams.
The round was led by Valor Equity Partners and the Valor Atreides AI Fund. 8VC, Founders Fund, Index Ventures, J.P. Morgan Growth Equity Partners, and Tao Capital Partners also participated.
The funding comes at a tense moment for global supply chains. Tariffs, supplier diversification, and higher energy costs are squeezing companies that already rely on outdated systems and disconnected data. According to MarketsandMarkets, the AI in supply chain market is projected to grow from $13.93 billion in 2025 to $50.41 billion by 2032. Most of that spend reflects a basic need: companies want reliable data before they start layering AI on top of their operations.
Supply chains are one of the toughest environments to deploy AI. The data is messy. It sits in disconnected systems, stored in inconsistent formats, and often locked inside documents that were never designed to be read by machines. While AI tools have made fast progress in areas like software development and customer service, logistics has been slower to follow.
The reason is straightforward. Many businesses still lack a single, trustworthy view of what's happening across their shipping, warehousing, and procurement operations. That makes it hard to measure true costs, react to problems quickly, or make sound financial decisions. A general-purpose AI tool can't solve this on its own. It requires engineering built specifically for logistics data.
"Loop went deep into one of the hardest parts of the supply chain and turned it into an advantage for their customers. Through the AI systems they've built, they're taking data that was previously fragmented and inaccessible and are turning it into intelligence that improves cost, processes, and working capital. That foundation extends into other operational and financial functions, which is why Loop is positioned to become the intelligence layer of the entire supply chain." — Antonio Gracias, Founder, CEO, and Chief Investment Officer of Valor
Loop will use the capital to hire, strengthen its engineering team, and recruit AI talent. The company also plans to push its platform into new areas of the supply chain that it hasn't covered before.
Until now, Loop's primary focus has been freight audit and payment, the process of verifying and paying carrier invoices. With the new funding, it is expanding into supplier data, trade and compliance, warehouse operations, procurement, and inbound logistics. The company is also deepening its integrations with enterprise software including ERP, TMS, WMS, and order management systems. In plain terms, that means connecting more of the tools that large companies already use to run their operations, so data flows between them instead of staying siloed.
"We see every day how much pressure companies are under to manage supply chains through constant disruption, and how often critical decisions are still being made on top of fragmented data and brittle systems. This investment lets us expand our platform and connect the financial and operational data that our customers need to make better decisions, faster." — Matt McKinney, CEO and Co-founder of Loop
Matt McKinney and Shaosu Liu founded Loop in 2021, during the wave of supply chain disruptions triggered by COVID-19. Both had previously worked at Uber Freight. They started with freight audit and payment, a back-office function where data is scattered across invoices, bills of lading, delivery receipts, and carrier contracts. The financial stakes there are high and the processes are still largely manual at many companies.
Loop's core technology is called DUX, a set of AI models and agents built to handle the specific complexity of logistics documents and data. DUX reads documents, extracts the relevant information, standardizes it, and connects it to the company's broader data systems. That gives customers a single, consistent view of their shipping operations and the data foundation they need to automate workflows and control costs.
The company counts Outset Medical, Clemens Food Group, Olipop, Kendra Scott, and Dot Foods among its customers.
Valor Equity Partners and the Valor Atreides AI Fund led the round. Valor was founded by Antonio Gracias and invests in technology-enabled companies across sectors including transportation, food, and biosciences. Its portfolio includes SpaceX, Addepar, and Dataminr.
The round also included 8VC, Founders Fund, Index Ventures, J.P. Morgan Growth Equity Partners, and Tao Capital Partners. Several of these firms are returning investors. Loop previously raised a $35 million Series B in October 2023, co-led by J.P. Morgan Growth Equity Partners and Index Ventures. With this latest round, the company has raised over $160 million in total funding.
