Loopr, a Seattle-based startup that sells computer vision quality control software to manufacturing firms, raised a new round of cash.
A regulatory filing shows that the company raised $5.4 million. Loopr declined to confirm the exact dollar amount but said the new round was led by Growth Warrior Capital, with participation from Stellar Ventures and Tacoma Venture Fund.
Founded in 2021, Loopr’s software helps manufacturers detect defects and quality issues. Unlike legacy vision systems that rely on fixed cameras and custom installs, Loopr is hardware-agnostic and can run on tablets.
The company uses AI to analyze inspection data and surface insights that help manufacturers identify trends and improve traceability.
Loopr targets sectors including aerospace, automotive, and chemical manufacturing. It is working with 10 Fortune 1000 companies.
The company is led by founder and CEO Priyansha Bagaria, who was previously chief revenue officer at InViz AI, a machine learning development company based in India.
Part of the inspiration for starting Loopr came from working for her family’s insulation sheet manufacturing business in India, where she developed software to help alert workers of anomalies during production.
Loopr competes against a growing number of startups and industrial tech companies using AI for factory monitoring, inspection, and compliance.
Loopr employs more than 20 people. Growth Warrior Capital partner Promise Phelon is joining the company’s board.
