SurplusLoop

surplusloop.com

About SurplusLoop SurplusLoop is an innovative startup founded under Antler’s venture capital accelerator program in April 2024 and officially operationalized in July 2024. In June 2024, SurplusLoop secured investment from Antler, accelerating its mission to transform surplus asset management. Our Investor SurplusLoop is proudly supported by Antler, one of the world’s most active early-stage venture capital firms. Backed by prominent investors like Khazanah and KWAP in Malaysia, Antler has a track record of success, with over 1,300 portfolio companies and a total portfolio value of $4.8 billion. With a global presence across 30 locations, Antler has nurtured over 10,000 founders, supporting visionary companies like SurplusLoop. Who We Are SurplusLoop is a one-stop, AI-powered B2B platform for surplus asset management. From identifying idle assets to seamless disposal and comprehensive reporting, SurplusLoop empowers businesses to manage surplus assets effortlessly and hands-free. With advanced technology at its core, SurplusLoop transforms surplus from an operational burden into a valuable resource. Our Vision By 2030, SurplusLoop aims to become Asia's most trusted autonomous AI agent in surplus management, driving operational excellence, sustainability, and the circular economy. Our Mission SurplusLoop's mission is to revolutionize surplus management by transforming idle assets into valuable resources. We strive to improve operational efficiency, reduce waste, and foster a sustainable future by optimizing surplus asset utilization. What Is Surplus? Surplus refers to assets that are no longer needed by a business but still hold value. These can include overstock, obsolete or unproductive equipment, materials, or machinery that are sitting idle but have the potential to be repurposed, resold, or recycled.