LoopID
About LoopID
LoopID provides AI-based Digital Product Passports (DPPs) that deliver transparent product information and facilitate efficient take-back processes for brands in the fashion, electronics, and furniture industries. This technology enhances customer engagement and enables effective resource recovery, thereby minimizing waste and optimizing product lifecycle management.
```xml <problem> Many brands lack the ability to provide transparent product information to customers throughout the product lifecycle, hindering customer engagement and the implementation of circular economy practices like efficient take-back and recommerce. This opacity limits the potential for resource recovery and sustainable product lifecycle management. </problem> <solution> LoopID offers an AI-powered Digital Product Passport (DPP) platform that enables brands to connect with customers and manage products throughout their lifecycle. The DPP360 platform allows brands to create digital twins of their products by integrating data from various sources. Customers can access the DPP via smartphone tap or QR code to access product information, repair instructions, and recommerce options. The platform facilitates circular business models by enabling recommerce, simplified returns, and repair services, while also providing brands with insights into product usage and customer interactions. </solution> <features> - AI-powered DPP creation from various data sources (SAP, Salsify, GS1, Shopify, etc.) - Customizable modules for recommerce, repair, and returns - NFC, QR code, and API access to DPPs - Real-time analytics on product usage and customer engagement - White-label solution with customization and localization options - Peer-to-peer online shop for branded recommerce - Secure and trusted repair, service, and usage log </features> <target_audience> LoopID primarily targets brands in the fashion, electronics, and furniture industries seeking to enhance customer engagement, implement circular economy practices, and comply with DPP regulations. </target_audience> ```
What does LoopID do?
LoopID provides AI-based Digital Product Passports (DPPs) that deliver transparent product information and facilitate efficient take-back processes for brands in the fashion, electronics, and furniture industries. This technology enhances customer engagement and enables effective resource recovery, thereby minimizing waste and optimizing product lifecycle management.
When was LoopID founded?
LoopID was founded in 2024.
How much funding has LoopID raised?
LoopID has raised 270000.
Who founded LoopID?
LoopID was founded by Christian Adler.
- Christian Adler - Co-Founder
- Founded
- 2024
- Funding
- 270000
- Employees
- 6 employees
- Major Investors
- Vanagon Ventures