Saturday, July 13, 2024

Loop Golf Closes $1M Funding Round

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Matt Holder, Loop Golf’s Founder

Loop Golf, a Redwood City, CA-based online booking platform for golfers to get the local courses, closed a $1m seed funding round.

The round was led by Jason Calacanis’ LAUNCH with participation from major figures across finance, tech and sports including Joel Simkins, CEO & Founder, XST Capital Group; Harry Campbell, Owner, The Rideshare Guy; Colin Anderson, Founding Partner at Friends & Family Capital; and Mike Russo, Founder, SparkOffer.

The company will use the funds to expand operations and its business reach.

Founded in 2021, Loop provides a platform that automatically books the tee times for golfers. Golfers set their tee time preference, Loop monitors the Tee Sheet 24/7 and automatically books a matching slot as soon as it becomes available – including while golfers are asleep or unavailable. Over 3,000 courses in the U.S. are currently supported on Loop’s platform including premium courses such as Torrey Pines and Bethpage. Loop has also created strategic partnerships with leading industry software and point-of-sale systems such as Lightspeed and ForeUp.

FinSMEs

18/06/2024


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