Loop Expands in the Columbus Region, Creating 40 New Jobs
Columbus, Ohio – Loop, an e-commerce company with the most advanced returns and exchanges app on Shopify, has announced plans to grow its headquarters in Columbus, Ohio, investing more than $650,000 and expanding its workforce to 54 full-time employees, pending the approval of the Columbus City Council. The company currently has 14 full-time employees in Columbus and hiring for sales, marketing, executive leadership, product, engineering, data and design positions will begin immediately.
Loop is currently headquartered on Civic Center Drive in the City of Columbus and expects to finalize their new location within the city in the coming weeks to accommodate their growing workforce. Loop’s recent $10 million Series A funding round led by FirstMark allowed the company to renew its investment the Columbus Region.
“With countless direct flights to New York, Los Angeles, San Francisco and Seattle, Loop can operate effectively from Columbus while still being accessible to our geographically broad customer base,” said Loop President Jonathan Poma,. “The Region’s commitment to smart growth and its outstanding retail environment make Columbus the perfect place to build our business.”
Since the company’s inception in 2017, Loop has dedicated resources to create a unique company culture that supports a future-focused work environment including a 30% remote workforce, 12 weeks of gender neutral parental leave, mental health reimbursement and various professional development opportunities through executive coaching and a formal learning and development curriculum.
“Loop is a classic story of the Columbus Region’s homegrown businesses not just flourishing, but leading in the tech and e-commerce space,” said Columbus Mayor Andrew J. Ginther. “The company’s continued success is a testament to our strong retail and e-commerce sectors, and the caliber of the talent that has made the Region their home.”
A magnet for tech companies, the Columbus Region has a variety of resources available to assist entrepreneurial enterprises to start and grow their businesses, including an increased availability of venture capital. A growing number of local funds and accelerators like Rev1 Ventures and Drive Capital provide Columbus startups with the financial resources needed for continued growth.
“Loop is an example of how high-tech talent in the Columbus Region can launch and grow innovative companies while facilitating their long-term success,” said JobsOhio Vice President and Head of Economic Development Dana Saucier. “E-commerce is changing how the world does business every day, and Loop’s evolving online solutions are advancing this space from its expanding Ohio headquarters.”
Loop processes more than $30 million in returns every month for Shopify merchants, generating more than $1.25 billion in gross merchandise value. Loop works with some of the biggest and best direct-to-consumer and retail brands in the world, including Allbirds, Brooklinen, Thrive Causemetics and Tommy John. Learn more at loopreturns.com.
About One Columbus
As the economic development organization for the 11-county Columbus Region, One Columbus’ mission is to lead a comprehensive regional growth strategy that develops and attracts the world’s most competitive companies, grows a highly adaptive workforce, prepares our communities for the future, and inspires corporate, academic and public innovation throughout the Columbus Region. One Columbus expertly guides companies through the location decision process. Through strategic business outreach and customized research, the One Columbus team leverages public, private and institutional partnerships to grow the Columbus Region’s economy and strengthen its national and international competitiveness. Funding is received from more than 300 private organizations, local governments, academic institutions and JobsOhio. Learn more at ColumbusRegion.com.
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