Tech
Loop, which uses AI to digitize shipping bills and other logistics documents, has raised $30 million on a seed and A-chain from Founders Fund, Flexport, others (Jack Daleo) / FreightWaves)
Jack Daleo / FreightWaves:
Loop, which uses AI to digitize shipping invoices and other logistics documents, has raised $30 million on a seed and A-chain from Founders Fund, Flexport, others– The company processed $1 billion in payment volume in its first year… Here’s a wild statistic: Between 20% and 30% of all invoices today contain some form of exception or error. .
Source by [author_name]
