LocaLoop
2024 Revenue
$4M
Funding
$0
Team
3
Founded
2005
LocaLoop Revenue (2024)
Developer and deployer of 4G networks designed to connect people in rural areas. The company develops and deploys 4G broadband networks using a software defined network technology for rural areas and low density markets, enabling users to get Internet connections and stay connected.
Last updated
LocaLoop Revenue
In 2024, LocaLoop's revenue reached $4M. The company previously reported $118.1K in 2024. Since its launch in 2005, LocaLoop has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | LocaLoop Hit $4m revenue in November 2024 | |
| 2024 | LocaLoop Hit $118.1k revenue in October 2024 | Estimated |
| 2023 | LocaLoop Hit $93.4k revenue in October 2023 | Estimated |
| 2021 | LocaLoop Hit $129.7k revenue in April 2021 | |
| 2005 | Launched with $0 revenue |
LocaLoop Valuation, Funding Rounds
LocaLoop is a bootstrapped SaaS startup. Founded in 2005, LocaLoop has grown to $4M in revenue without raising any venture capital or outside funding.
As a self-funded SaaS company, LocaLoop has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for LocaLoop yet.
LocaLoop Employees & Team Size
LocaLoop employs approximately 3 people as of 2026.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 3 employees (October 2024) | |
| 2023 | Reached 3 employees (October 2023) | |
| 2022 | Reached 4 employees (October 2022) | |
| 2021 | Reached 5 employees (December 2021) | |
| 2021 | Reached 5 employees (April 2021) |
Frequently Asked Questions about LocaLoop
What is LocaLoop's revenue?
LocaLoop generates $4M in revenue.
Who founded LocaLoop?
LocaLoop was founded by Carl-Johan Torarp.
Who is the CEO of LocaLoop?
The CEO of LocaLoop is Carl-Johan Torarp.
How much funding does LocaLoop have?
LocaLoop is bootstrapped and has not raised outside funding.
How many employees does LocaLoop have?
LocaLoop has 3 employees.
Where is LocaLoop headquarters?
LocaLoop is headquartered in Minneapolis, Minnesota, United States.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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