Loopby
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Loopby is a transportation cost management platform based in Chicago, Illinois, founded in 2021. The company specializes in logistics and supply chain optimization for shippers and third-party logistics providers (3PLs). Loopby centralizes freight, parcel, and financial data to automate decision-making, auditing, and payments, providing insights that maximize profits. The platform features automated freight and parcel auditing, carrier payment processing, and integrated accounts payable/receivable. It enhances financial operations by offering real-time analytics and insights, helping clients reduce costs and improve efficiency in complex supply chains. Loopby was established by industry experts with backgrounds from Uber and Flexport, and it has secured significant funding to support its innovative approach to modernizing freight payment systems.
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