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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
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.
LocaLoop reached a $354.3K valuation in 2025, set during its M&A Offer round.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $354.3K | - |
| Question | Answer |
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| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
We do not have customer count information for LocaLoop yet.
LocaLoop employs approximately 3 people as of 2026.
LocaLoop generates $4M in revenue.
LocaLoop was founded by Carl-Johan Torarp.
The CEO of LocaLoop is Carl-Johan Torarp.
LocaLoop raised $0.
LocaLoop has 3 employees.
LocaLoop is headquartered in Minneapolis, Minnesota, United States.
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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Valuation
$354.3K
2024 Revenue
$4M
Funding
$0
Team
3
Founded
2005
| 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 |
| 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) |
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