After 20 months of trying to raise funds, insurance startup Loop cuts staff

TechCrunch
By Dominic-Madori DavisJun 17, 2024, 5:39 pm161 pts
Loop, the car insurance company co-founded by Harlem Capital co-founder John Henry, has laid off staff as the company struggles with fundraising. Henry took to Instagram to post the email his co-founder Carey Nadeau sent to impacted staff on June 16th. Nadeu also posted the letter to LinkedIn. It stated that…

Read Article Share
Share Article
- email
- twitter
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on Tech News Tube

Wired

Researchers Rush to Save US Government Data on Trans Youth—Before It Disappears 129

Magna Steyr is finalizing deals with XPeng and GAC Motor to build Chinese EVs in Austria

Electrek

Magna Steyr is finalizing deals with XPeng and GAC Motor to build Chinese EVs in Austria 129

NTT to invest US$1.5 billion in India to expand data centers and optical network

Digitimes

NTT to invest US$1.5 billion in India to expand data centers and optical network 129

Rumor Reversal: A20 Chip for iPhones Said to Use TSMC's 2nm Process

MacRumors

Rumor Reversal: A20 Chip for iPhones Said to Use TSMC's 2nm Process 128

Apple's Last M4 Mac: What's Rumored for the Mac Pro

MacRumors

Apple's Last M4 Mac: What's Rumored for the Mac Pro 128

Microsoft Developing Windows 11 Feature To Explain Hardware Performance Issues

Slashdot

Microsoft Developing Windows 11 Feature To Explain Hardware Performance Issues 128

Top 10 data security best practices for 2025

BetaNews

Top 10 data security best practices for 2025 127

Nvidia CEO Huang Says He Was Wrong About Timeline For Quantum

Slashdot

Nvidia CEO Huang Says He Was Wrong About Timeline For Quantum 117

About Tech News Tube

Tech News Tube is a real time news feed of the latest technology news headlines.

Follow all of the top tech sites in one place, on the web or your mobile device.

Featured

Clearview Attempted To Buy Social…

Clearview Attempted To Buy Social Security Numbers and Mugshots for its Database

Apple supplier Wingtech offloads ODM…

Apple supplier Wingtech offloads ODM assets to Luxshare in semiconductor pivot

India's PLI scheme falls short of…

India's PLI scheme falls short of targets, prompting shift to factory subsidies

Elon Musk teases ‘Tesla Master Plan Part 4’ again, but part 2 is still…

Datacenters seemingly stay up as…

Datacenters seemingly stay up as substation fire closes Heathrow Airport

Taiwan sparks international firms…

Taiwan sparks international firms backlash with strict foreign hiring rules…

Trump Signs Order Aiming To Close the…

Trump Signs Order Aiming To Close the Education Department

iPhone Users Who Pay for iCloud Storage…

iPhone Users Who Pay for iCloud Storage Receive a New Perk

GTC 2025: Nvidia hosts Quantum Day…

GTC 2025: Nvidia hosts Quantum Day despite CEO's prior skepticism