Investors

At Loopit, we're driving the evolution of flexible mobility and fleet management. Explore how our platform is transforming the automotive industry, offering scalable solutions that unlock new revenue streams and streamline operations.

Luxem VC Logo
Tidal VC Logo
Upswell VC Logo
Better Labs Logo
Common Sense Ventures Logo

Our Story

Building upon our foundations in operating a digital-first car dealership and then launching one of the leading retail car subscription services in the country, we've been privileged to experience the transformative power of the car subscription model first-hand to develop Loopit as a purpose-built platform for the automotive industry.

Loopit Founders Paul Higgins and Michael Higgins

Loopit co-founders Paul Higgins (Left) and Michael Higgins (Right)

2020

Self Funded

Pre-Seed

Loopit was self-funded by founders Paul and Michael Higgins, based on the technology developed for HelloCars.

2022

$3.60M

Seed

Loopit raised $3.6M to expand its car subscription platform across Australia and New Zealand.

2024

$3.95M

Pre-Series A

Loopit raised $3.95M to grow from subscription expand globally as a full-service mobility platform encompassing subscription, rental, leasing, and fleet management.

2025 to 2026

Coming Soon

Series A

We are gearing up for our Series A round and invite potential investors to connect with us as we continue our global expansion in the mobility sector.

Loopit Logo White

Flexible mobility solutions for the road ahead