16 Mar, 2009
$7.1m investment round
Sam AltmanFundraising0 Comments
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reuben
reuben2014-10-16 15:24:042015-03-23 01:34:57$7.1m investment roundThe company raises $7.1 million from unnamed investors. (SEC filing here.)
Jul 2007
$12m Series B funding
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reuben
reuben2014-10-16 15:26:282015-03-23 01:35:13$12m Series B fundingLoopt raises a reported $12 million from its two existing investors, Sequoia Capital and NEA. It is reported to call down $2.25 million from the funding.
Dec 2005
$5m Series A funding
0 0 reuben reuben2014-10-16 15:49:282015-03-23 01:35:37$5m Series A funding16 Aug, 2005
Loopt joins Y Combinator
Sam AltmanY CombinatorFundraising0 Comments
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reuben
reuben2014-10-16 15:31:112015-03-23 01:35:49Loopt joins Y Combinator
Loopt joins the inaugural batch and receives a reported $6,000. Altman says the money-saving culture at Y Combinator, which extends to things like readymade meals, helps develop the location-based mobile app company develop:
That culture of frugality and discipline is really important for the Y Combinator mindset. The start-ups that do well are the ones that are working all the time.