E-commerce AI startup Loops raises $3.5M to create smoother online shopping experiences

E-commerce AI startup Loops has raised $3.5 million in seed funding to create seamless buying journeys for online retailers. The round was led by a16z speedrun, with participation from NTT Docomo, Connecticut Innovations, Alumni Ventures, and Monday Capital. Loops aims to build an AI operating system for commerce, addressing the difficulty consumers face when choosing from thousands of products by collapsing fragmented shopping experiences into one continuous journey to streamline the overall online shopping process.