Founding Product Manager

Company Overview:

Loop is building the enterprise co-pilot for restaurants, starting with delivery. Over the last 3 years, delivery & digital ordering grew 10x into a major source of restaurant’s revenue, throwing up fundamental operational and financial challenges. With Loop, restaurants can view their P&L in real time, automate closing books, improve order accuracy, diagnose poor performance and empower their teams with feedback.

Quick Facts:

Founders are ML engineers & data scientists from Uber & Google and also own restaurants

In just 1.5 years, we are operating in over 8000 locations

On track to 5x the revenue and 2x the team in 2024

Creating a new VSaaS category in a $300B market

Raised $7M from investors that backed Instacart, Rappi

About Founders:
Sundar is an IITM CS Graduate. Previously, he built Traffic Models, Driver positioning algos that power ETAs for Uber, led teams that built the RecSys for Moj(Indian equivalent of TikTok with >100M users), and represented India in ACM ICPC World Finals.

Anand is a Bits Pilani CS Graduate. Previously he has worn hats including building the first supply chain management of Flipkart in 2012 and being in the first 100 eng, running a FinTech startup for 1.5 years, managing large teams eng at Uber and building the pickup experience for Uber.

Investors:
Pre Seed Round led by Afore - we were the first startup to get funding from their Afore Alpha program which has tighter selection rates and higher valuations compared to YC.

Seed round led by Base 10 - early investors in Instacart and several other food tech startups. They have a thesis to invest in automation for the real economy and are strong believers in the mission.

Why join Loop:

1. Ability to own and create revenue, ship fast and have business impact.
   1. Work in high density talented and lean team. Reached Seed and grew till 4000+ locations with 6 engineers.
2. Scale and grow with a rapidly growing business. We have 6Xed in revenue from June 23 to June 24, doubled in 6 months and are on track to 2.5X more before end of year. We are creating a new category, have several companies attempting to copy us which is a symptom of success and have very vocal customers and product love.

About the Role
We’re looking for an entrepreneurial PM to lead a high performing cross-functional team of ops, engineer, customer success and sales and grow with us by defining our product roadmap to build the future of modern food brands. You’ll be responsible for everything from ideation to implementation for our next biggest bets to enable and empower restaurenteurs.

We think you are perfect for the role becuase you:

• want to go all in and are looking to do the best work of your life with a high calibre team that you respect
• are extremely resourceful and have demonstrated initiative and ownership in your current job or through side projects
• can lead without authority and can inspire and influence teams.
• believe in the power and good technology can bring to the world and see yourself as an enabling force for a better future
• are comfortable with software interfaces like scripts, sqls, APIs and work your way around rough product edges
• love and embrace the chaos and pressure of 0-1 product building and can stay lazer focused on driving towards the end state
• have a first pricinciples approach to looking at new problems and balance with systems and processes for recurring solutions
• customer obsessed and can tie everything you say, do and decide to making the end users life better
• work backwards from value and communicate with clarity and empathy