Loop Raises $95M to Fix Supply Chain Invoices

Loop Payments has secured $95 million in Series C funding, led by Valor Equity Partners and the Valor Atreides AI Fund, with participation from J.P. Morgan Growth Equity Partners. The investment will expand the startup's AI-powered supply chain optimization platform. Loop's DUX AI models detect errors in supply chain invoices, automate freight audits, and reduce audit time from weeks to two hours. The platform also tracks shipments, identifies bottlenecks, and streamlines payments across multiple currencies and shipping partners.