Financials

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Revenues, earnings & profits over time
EUR201920202021
Revenues4.0m22.9m37.7m
% growth-473 %65 %
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Recent News about Loom

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Loom is a technology startup that offers a user-friendly platform for recording and sharing video messages. The company's primary product is a screen recording tool that allows users to easily capture and share videos across various platforms. This tool is designed to enhance productivity and improve collaboration among teams, particularly in a remote work setting.

Loom's services are used by over 21 million people from 200,000 companies, indicating a broad customer base that spans multiple industries. The company operates in the digital communication market, which has seen significant growth due to the increasing trend of remote work and digital collaboration.

The business model of Loom is based on offering a free basic version of its screen recording tool, with premium features available for a fee. This freemium model allows the company to attract a large user base, while also generating revenue from users who require advanced features.

Loom's platform is designed to integrate seamlessly with other popular digital tools, such as Google Workspace and Slack, making it a versatile addition to any digital workspace. The company also emphasizes the security of its platform, offering enterprise-grade security features to protect user data.

In summary, Loom is a digital communication tool that offers easy-to-use screen recording and video sharing capabilities. Its services are designed to enhance productivity and collaboration, catering to the needs of modern, digital-centric businesses.

Keywords: Video Messaging, Screen Recording, Digital Communication, Productivity Tool, Collaboration Tool, Remote Work, Freemium Model, Integration, Security, User-Friendly.

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