After 20 months of trying to raise funds, insurance startup Loop cuts staff

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After 20 months of trying to raise funds, insurance startup Loop cuts staff

Loop, the car insurance company co-founded by Harlem Capital co-founder John Henry, has laid off staff as the company struggles with fundraising.  Henry took to Instagram to post the email his co-founder Carey Nadeau sent to impacted staff on June 16th. Nadeu also posted the letter to LinkedIn. It stated that this was the “absolute […]

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After 20 months of trying to raise funds, insurance startup Loop cuts staff

2024-06-18 08:03

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