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Loom

SaaS / video messagingUSA
New to Unitard
🀝 Acquired
PeakΒ $1.53 BillionToday
~-36%
from peak
  1. πŸ¦„
    Became a unicorn
    May 2021
  2. πŸ“ˆ
    Peak valuation
    $1.53 Billion ’21
  3. πŸ’”
    Became a Unitard
    Oct 2023
  4. πŸ’Έ
    Last valuation
    ~$979M
Current status
Acquired by Atlassian for $975M (Oct 2023), about a 36% discount to its last private valuation.

The rise & fall

6 moments Β· 2015–2023

The key moments, with employee sentiment along the way.

2015
Founded to kill the status meeting
Joe Thomas, Vinay Hiremath and Shahed Khan build a tool for quick screen-and-camera clips instead of meetings.
TechCrunch
May 2021
The peak: a $1.53B Series C$1.53B
Andreessen Horowitz and ICONIQ Growth lead a $130M round at the top of the remote-work boom β€” unicorn and peak in the same breath.
TechCrunch
2022–23
The growth-stage reset
Software valuations come back to earth; Loom's 2021 price is never seen again.
The Information
From the inside Β· Glassdoor reviews, 2022–23
Glassdoor reviews from the 2022-23 downturn tracked the strain behind the scenes: employees described repeated layoff rounds, heavy turnover on an inexperienced management team, and constant strategy churn β€” though some said morale lifted once the Atlassian deal was announced.
Oct 2023
Acquired by Atlassian for $975M$975M
Atlassian's largest deal ever β€” and still about a 36% haircut from Loom's last private valuation.
Bloomberg

πŸ’¬ entries paraphrase anonymous, unverified reviews posted publicly on Glassdoor β†—; dated facts carry their source.

How it happened

Loom built a popular asynchronous video-messaging tool that lets workers record and share quick screen-and-camera clips instead of meetings. Pandemic-era demand for remote collaboration drove a $130M Series C in May 2021 led by Andreessen Horowitz and ICONIQ Growth, valuing it at about $1.53B.

As growth-stage valuations reset, Atlassian agreed to acquire Loom in October 2023 for roughly $975M β€” its largest deal ever, but about a 36% discount to Loom's last private valuation.

Source: TechCrunch / The Information / Bloomberg ($1.53B Series C, May 2021; $975M Atlassian acquisition, Oct 2023)

Founders

Current roles as self-reported on LinkedIn, retrieved 2026-08-19. See our methodology.

Disclosed investors (28)

Historical funding participation; lists may be incomplete and do not establish current ownership or investor losses.

* Lead in a funding round Β· Crunchbase β†— Β· 2026-10-13 Β· Methodology Β· Leaderboard

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