LocaLoop
Valuation
$354.3K
2024 Revenue
$4M
Funding
$0
YOY
4,184.3%
Team
3
Founded
2005
How LocaLoop CEO Carl-Johan Torarp grew LocaLoop to $4M revenue with a 3 person team in 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 |
|---|---|
| 2024 | LocaLoop Hit $4m revenue in November 2024 |
| 2024 | LocaLoop Hit $118.1k revenue in October 2024 |
| 2023 | LocaLoop Hit $93.4k revenue in October 2023 |
| 2021 | LocaLoop Hit $129.7k revenue in April 2021 |
| 2005 | Launched with $0 revenue |
LocaLoop Valuation, Funding Rounds
LocaLoop's most recent disclosed valuation is $354.3K.
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 |
|---|
LocaLoop Employees & Team Size
LocaLoop employs approximately 3 people as of 2026.
LocaLoop has 3 total employees in different roles and functions.
| Year | Milestone |
|---|---|
| 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) |
Founder / CEO
Carl-Johan Torarp
Carl-Johan Torarp is listed as Founder / CEO at LocaLoop.
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.
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 raised $0.
How many employees does LocaLoop have?
LocaLoop has 3 employees.
Where is LocaLoop headquarters?
LocaLoop is headquartered in Minneapolis, Minnesota, United States.
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Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .