Loom Systems

Closed

Tel Aviv, Israel · Founded 2015 · $16.0M raised

Headquarters
Tel Aviv
Employees
1–10
Founded
2015
Business Model
B2B
Total Funding
$16.0M
Last Round
$10.0M Series BNov 2019
Rounds
2

About

Loom Systems developed an AI-powered, real-time predictive log analytics platform that anticipated and prevented digital customer experience issues before they impacted clients. Its virtual data analyst, Sophie, provided real-time visibility across the full IT stack for enterprise clients in banking, insurance, telecom, and healthcare. Founded in Tel Aviv in 2015 by Dror Mann and Ronny Lehmann, the company raised $16M and was acquired by ServiceNow in January 2020, with its AIOps technology integrated into ServiceNow's ITOM Health product.

Summary

Loom Systems is an Artificial Intelligence company based in Tel Aviv, Israel, founded in 2015. It has raised $16.0M in total across 2 rounds, most recently a $10.0M Series B round in Nov 2019. Investors include Flint Capital, Jerusalem Venture Partners and Bessemer Venture Partners.

Funding History

Series BSeries BNov 2019
$10.0M

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Series A through Series B — per-round amounts, valuations, and who invested in each round.

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