Loop, a start-up offering audit and payment systems to logistics companies, has raised $35m in funding from JP Morgan Growth Equity Partners and Index Ventures.
![Loop, a logistics start-up, secures $35m funding from J.P. Morgan and Index Ventures to expand its digital payment services. PHOTO: Michel Euler/Reuters](https://krugmaninsights.com/wp-content/uploads/2023/10/960x0.webp)
The Chicago-based start-up plans to use the funding to expand beyond ground shipping and invest in research and development.
Loop’s founders, Matt McKinney and Shaosu Liu, started the business in 2021 after identifying