Loop
Provides turnkey hardware and software for electric vehicle charging.
Company facts
- Founded
- 2018
- Employees
- 340
- Headquarters
- United States
- CEO
- Dustin Cavanaugh
- Type
- Private
- Funding
- Series A · $40M · 2022
About
Loop aims to be a leader in EV charging solutions. Our mission is to make EV charging more accessible to multi-tenant property owners and operators as well as electric vehicle drivers by simplifying and streamlining the development and operation of user-friendly public and private EV charging networks. Our turnkey hardware, software and service solutions make it easy and hassle-free to deploy cost-effective EV charging, saving our customers both time and money. Turnkey EV Charging Solutions HARDWARE: We provide cost-effective, modern level 2 and DC fast charging solutions for any use case or building type. SOFTWARE: Our cloud-based public and private network software solution minimizes the out of pocket cost to site hosts and maximizes their Return on Investment. SERVICE: Our network of leading electrical contractors and expertise on EV charging solutions allows us to offer cost- efficient and quality network installation and operation services. SUPPORT: Our fully managed ongoing Loop as a Service ("LaaS") plans provide property owners and EV drivers with worry-free 24/7 operation and support of EV charging networks. Loop as a Service ("LaaS") No CapEx budget? No problem. By enrolling the Loop as a Service plan Loop will provide a turnkey design, installation and ongoing operation and maintenance of your EV charging network for as little as $0 out of pocket. Instead, pay a small monthly fee from a portion of the revenue generated by your EV charging network for a fixed term, allowing you to be cash flow positive from Day 1. Not only will you get to immediately realize the benefits of your EV charging network, but upon expiration of your term you will own the equipment outright and realize the full benefit of the station revenues generated thereafter. Loop Culture We are passionate about the environment and working on innovative products and services to help contribute to the world’s transition to sustainable energy. Through trust and autonomy, we empower our team members to be the change that they want to see in the world. Our team is composed of an experienced executive team, and experts of both hardware and software technologies. We hire the best, and the brightest people, but more importantly we want to work with those who truly care about the environment and sustainability. We believe that together we can make a difference. To learn more about us, visit our blog, sign up for our newsletter and follow us on our social media channels.
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