Loom

Emerging

Loom is the async video messaging platform acquired by Atlassian for $975M in 2023, enabling 25M+ users to share screen recordings and video messages for faster, more expressive team communication.

Customers
25M

Company Overview

About Loom

Loom is an asynchronous video messaging platform that allows users to record their screen, camera, and microphone to create instantly shareable video messages—eliminating meetings that could be replaced with recorded explanations, demos, or feedback. Founded in 2015 by Shahed Khan, Vinay Hiremath, and Joe Thomas, Loom pioneered the async video communication category and grew rapidly during the COVID-19 remote work transition, when distributed teams needed richer communication tools than text allowed but couldn't rely on synchronous video calls for every interaction.

Business Model & Competitive Advantage

The platform reached over 25 million users across 400,000+ companies before its acquisition by Atlassian in October 2023 for $975 million—a significant premium reflecting Loom's strategic value as Atlassian expanded from project management tools into team communication. Under Atlassian ownership, Loom has been deeply integrated with Jira, Confluence, and other Atlassian products, allowing users to embed video explanations directly in tickets, wikis, and project updates. This integration makes Loom a more powerful tool for software development teams who already live in the Atlassian ecosystem.

Competitive Landscape 2025–2026

Loom's acquisition validated the async video communication market and its approach to reducing meeting overhead. The platform's AI features—including automated transcripts, chapter generation, and video summaries—have expanded to make video content more searchable and accessible. As hybrid and remote work remain standard for knowledge workers, async video communication tools that reduce synchronous meeting overhead continue to grow in adoption.

Revenue
$975M
Customers
25M
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Key Differentiators

Emerging Innovator

Loom is an emerging player bringing innovative solutions to the Productivity & Collaboration market.

Growth Stage

Loom has achieved $975M in revenue, demonstrating strong product-market fit.

Massive User Base

Trusted by 25M worldwide, demonstrating broad market appeal and proven reliability.

Frequently Asked Questions

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