LoopUp
United Kingdom
Valuation
$55.2M
2021 Revenue
$18.4M
Customers
5K
Funding
$0
Avg ACV
$3.7K
Team
219
Founded
2003
How LoopUp CEO Michael Hughes grew to $18.4M revenue and 5K customers in 2021.
LoopUp (LSE: LOOP) helps enterprises move their global communications into the cloud. This promotes flexible working and increases productivity for users, and it reduces complexity and cost for employers. LoopUp offers full telephony integration for Microsoft Teams by using Direct Routing to connect users to its private voice network. This allows them to use Teams to make and receive external calls from any device anywhere in the world. It eliminates the need for on-premises PBX equipment and local carrier relationships. LoopUp also offers a premium remote meeting solution, available as a native app for Teams or as a standalone solution.
LoopUp - a certified Microsoft Global Partner - provides a fully managed service with customer support from 15 offices around the world. More than 5,000 enterprises around the world trust LoopUp with their important business communications from major multinationals to fast-growing SMEs, public sector bodies and professional services firms, including
Last updated
LoopUp Revenue
In 2021, LoopUp's revenue reached $18.4M. Since its launch in 2003, LoopUp has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2021 | LoopUp Hit $18.4m revenue in April 2021 | |
| 2003 | Launched with $0 revenue |
LoopUp Valuation, Funding Rounds
LoopUp's most recent disclosed valuation is $55.2M.
LoopUp is a bootstrapped Other Process Automation Software startup. Founded in 2003, LoopUp has grown to $18.4M in revenue without raising any venture capital or outside funding.
As a self-funded Other Process Automation Software SaaS company, LoopUp has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
LoopUp serves 5K customers.
LoopUp Employees & Team Size
LoopUp employs approximately 219 people as of 2026, including 62 sales reps that carry a quota. It serves 5K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2021 | Reached 219 employees (April 2021) |
Frequently Asked Questions about LoopUp
What is LoopUp's revenue?
LoopUp generates $18.4M in revenue.
Who founded LoopUp?
LoopUp was founded by Michael Hughes.
Who is the CEO of LoopUp?
The CEO of LoopUp is Michael Hughes.
How much funding does LoopUp have?
LoopUp raised $0.
How many employees does LoopUp have?
LoopUp has 219 employees.
Where is LoopUp headquarters?
LoopUp is headquartered in United Kingdom.
Compare LoopUp to the industry
LoopUp operates across multiple industries. Browse revenue, funding, and growth data for LoopUp in each sector below.
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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