Loop, which uses AI to digitize shipping invoices and other logistics documents, raised $30M across a seed and a Series A from Founder’s Fund, Flexport, others (Jack Daleo/FreightWaves)
Jack Daleo / FreightWaves:
Loop, which uses AI to digitize shipping invoices and other logistics documents, raised $30M across a seed and a Series A from Founder’s Fund, Flexport, others — Company handled $1B in payment volume in its 1st year … Here’s a wild stat: Between 20% and 30% of all invoices today contain some form of exception or error.