Enterprise AI platform Loop AI has raised $14 million in a Series A funding round led by Nyca Partners, with participation from Gokul Rajaram, Base10, Afore Capital, Converge, Alumni Ventures, Data Tech Fund, John Pepper, 9Yards Capital, and Operators Studio.
As part of the funding round, Osama Bedier, former executive at Google and GoDaddy, will join Loop AI’s board.
The company plans to use the fresh capital to expand its product offerings and grow its teams across New York, San Francisco, Tampa, and Bengaluru.
Founded in 2022, Loop AI builds an enterprise AI platform focused on back-office automation for the restaurant and retail sectors.
Its software helps brands manage delivery-led workflows across finance, operations, and marketing, enabling restaurants to scale online orders without eroding in-store margins.
The company was founded by Anand Tumuluru, Sundar Annamalai, and Vinod Pachipulusu, with Tumuluru serving as CEO and Annamalai as CTO. Both founders previously worked at Uber.
Loop AI operates out of San Francisco and Bengaluru, with a growing presence across multiple US cities.
The platform addresses the growing complexity of third-party delivery by automating tasks such as financial reconciliation, fee tracking, chargeback management, customer feedback analysis, and marketplace promotions. Loop AI positions its product as an “agentic co-worker,” executing end-to-end workflows rather than offering static analytics tools.
Loop AI claims it currently works with over 300 restaurant brands, supporting thousands of locations across the US. Since 2024, the company has seen sixfold growth, driven by adoption among mid-sized and large restaurant chains. Customers include brands such as Lazy Dog and Starbird, which use the platform to improve delivery performance and operational efficiency.