From AI Insider · James Dargan · · 2m
Loops Closes $3.5M for AI Commerce System
Loops secures $3.5M funding to build unified AI commerce platform.
In brief
Loops secures $3.5M funding to build unified AI commerce platform. Loops, an enterprise AI company, closed a $3.5 million seed round to develop an AI operating system for commerce that improves purchase conversion by 83%. Originally reported by AI Insider.
Loops Secures $3.5M Funding
Loops, an enterprise AI company building agentic commerce systems for brands and retailers, has secured a $3.5 million seed round from a16z speedrun, NTT Docomo, Connecticut Innovations, Alumni Ventures and Monday Capital.
Unified AI Platform for Commerce
The platform unifies AI search, a shopping assistant, product enrichment and virtual try-on into one system that follows shoppers from discovery to purchase.
83% Higher Conversion
Retailers such as A101 and Mavi use Loops, with A101 sessions showing roughly 83% higher observed purchase conversion.
Co-Founders and Growth
Co-founded by Ari Nazir and İlker Selim Zorluoğlu, Loops now has more than 70 customers and pilots, with 64% of pilots converting to paying customers.
Why Loops Works
Loops follows shoppers through the journey from discovery to purchase, using plain language descriptions to surface products without keywords or filters.
Product Enrichment and Virtual Try-On
Product enrichment rewrites descriptions and attributes for better catalog data, while virtual try-on helps shoppers visualize products before buying.
Real-World Use Cases
Turkish supermarket chain A101 and fashion retailer Mavi use Loops to improve customer navigation and purchase decisions.
Investment Partner Insight
Fareed Mosavat, Investment Partner at a16z Speedrun, says Loops shows clear business value in commerce with high pilot conversion rates.
Expansion to Financial Services
Loops plans to expand its vertical AI operating system model into financial services and energy sectors next.
AI Operating System Model
Loops aims to build AI-native systems for industries by starting with commerce and scaling to financial services and energy.
What Loops Does
Loops provides AI Search & Shopping Assistants, Marketplace Assistants, Product Enrichment, and Virtual Try-On tools for e-commerce brands.
The takeaway
Loops, an enterprise AI company, closed a $3.5 million seed round to develop an AI operating system for commerce that improves purchase conversion by 83%.
