The Loop54 Group AB
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The Loop54 Group AB - overview
Established
2011
Location
Stockholm, -, Sweden
Primary Industry
Software
About
The Loop54 Group AB specializes in advanced eCommerce solutions that enhance product discovery through AI-driven search and personalized merchandising, catering to diverse online retail clients across multiple markets. Founded in 2011 in Stockholm, Sweden, The Loop54 Group AB offers innovative eCommerce solutions. The company was acquired in October 2021 by FACT-Finder Ltd. , a portfolio company of GENUI, from Axel Johnson AB, ALMI Invest, and RECAPEX.
This acquisition aligns with FACT-Finder's strategy to broaden its international reach. Mike Odin is the founder of The Loop54 Group AB. The primary offering of The Loop54 Group AB is its advanced eCommerce solution, Infinity, developed after its acquisition by FACT-Finder. Infinity includes AI-driven search capabilities, personalized merchandising, and real-time recommendations, enhancing product discovery for over 2,000 online shops in both B2B and B2C markets across Europe and North America, particularly in sectors like fashion, beauty, consumer electronics, and pharmaceuticals.
In 2023, The Loop54 Group AB reported a revenue of SEK 2,952,678. 20 with an EBITDA of SEK -269,213. 80, generated through its Infinity platform via subscription models and partnerships with eCommerce businesses. Following the acquisition on October 20, 2021, The Loop54 Group AB aims to leverage its resources to enhance product offerings and expand into new geographical markets.
The recent funding of SEK 5. 000 mn will support these initiatives, facilitating the development of new products and the strengthening of its international presence.
Primary Industry
Software
Sub Industries
Search Engines, Systems Management Software, Analytics & Performance Software
Website
www.loop54.com
Verticals
Artificial Intelligence, Cloud Computing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
The Loop54 Group AB - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | The Loop54 Group AB | - |
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