Loop AI, a San Francisco, CA–based AI-powered back-office automation platform for restaurants and retail, has raised $14 million in Series A funding.
Investors
The round was 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.
Nyca Partners is a vertically focused firm that invests exclusively in financial technology. Founded in 2014, the firm aims to "bridge the gap" between traditional financial institutions and startup founders, leveraging technology to transform the global financial system. With approximately $870 million in assets under management, Nyca has invested in over 100 companies.
Loop AI Use of Funds
The company will use the funding to expand its product suite and grow headcount across its offices in New York, San Francisco, Tampa, and Bangalore.
About Loop AI
Founded in 2022 by Anand Tumuluru, Sundar Annamalai, and Vinod P, Loop AI is an enterprise-grade AI platform purpose-built for the restaurant and retail back office. Operating as an agentic co-worker, Loop AI empowers brands to drive profitable growth by automating complex tasks across finance, operations, and marketing. The company serves over 300 brands, public and private.
Funding Details
Company: Loop AI
Raised: $14.0M
Round: Series A
Funding Date: February 2026
Lead Investor: Nyca Partners
Additional Investors: Gokul Rajaram, Base10, Afore Capital, Converge, Alumni Ventures, Data Tech Fund, John Pepper, 9Yards Capital, Operators Studio
Company Website: https://www.loopai.com/
Software Category: AI / Restaurant Tech / Retail Back-Office Automation
Source: https://www.prnewswire.com/news-releases/loop-ai-raises-14m-series-a-302675180.html