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Loom Pricing

Loom offers different pricing tiers from free to custom depending on the features and scaling needs of a business. A cost-effective option is the Business Plan that's priced at $96 per month. This tier grants access to unlimited videos, the removal of branding, and the option to include Loom's specialized AI technology.

For larger organizations requiring advanced features, the Enterprise Plan comes into consideration. The exact pricing remains negotiable, but it stays within a range similar to the Business Plan. This includes benefits like Single Sign-On (SAML), System for Cross-Domain Identity Management (SCIM), and a Salesforce integration option, catering more towards intricate collaborative environments.

Loom Negotiation Insights

Loom is a leading video messaging platform that enables businesses to improve communication within their teams. When negotiating a Loom contract, there are certain levers you can pull to potentially get a better deal.

Discount Lever

  1. Bundle Purchases: Loom may offer discounts for customers who purchase their software in a bundle along with other services. If you're considering implementing several communication or productivity tools, you might be able to reach a more attractive rate with Loom by negotiating a bundled purchase.

Commercial Item

  1. Usage: Loom's pricing may be based on usage such as the number of active users or minutes recorded. It's crucial to understand your team's exact usage needs to negotiate better terms. If your team expects to have a high usage, negotiate for an unlimited usage plan, but if your usage is expected to be low, you may aim for a lower cost per user, or per minute.

To access a full list of negotiation insights, sign up for a free forever Vendr account. Through Vendr, you unlock a more in-depth perspective of the negotiation process with access to key data points, discount levers, and commercial items across various SaaS products, including Loom.

Community Insights for Loom

Gathering insights from our community can be incredibly valuable when considering a SaaS product like Loom. Here are the two most recent insights shared by our users:

  1. "Was able to maintain same per user pricing even with a 73% descope by leveraging other available tools with the same functionality (Zoom, Slack etc.) that would be no additional cost." - Community Insight was posted recently.
  2. "Loom offered flat pricing on a renewal with minimal growth." - Community Insight was posted recently.

These insights reflect the experiences of actual users and can provide a realistic perspective on what to expect when negotiating with Loom. For more detailed insights, such as the estimated time to implement Loom, what to expect for your renewal, and other discount levers that can be implemented if you're stuck during the negotiation process, we encourage you to sign up for a free forever Vendr account. By joining, you'll gain access to a wealth of community insights, with a current total of 8 insights available for Loom.

Loom Competitors

Screencastify

Screencastify is a notable competitor in the market. Lauded for its user-friendly interface, Screencastify offers the ability to record, edit, and share videos quickly and easily. However, do note that while it has a comprehensive feature set, it may not align with the specific needs of all businesses.

Vidyard

Vidyard is another remarkable player in the video content creation space. It provides robust video hosting, management, and analytics capabilities, in addition to its video creation tools. Vidyard is often praised for its advanced features and integrations. Remember to assess Vidyard's offerings in relation to your company's specific requirements before making a decision.

Check out our guide on Vidyard pricing for more info.

Loom Overview

Loom is a modern video recording and sharing platform designed to simplify communications and enhance productivity for businesses. With Loom, you can effortlessly create videos including screen shares, webcam recordings, or a mix of both, and share these videos instantly with your team, clients, or stakeholders. It reduces the need for back-and-forth emails and calls, provides clear and concise information, and fosters a collaborative working environment.

Key features of Loom include high-quality recording, easy video editing, versatile sharing options, interactive video commenting, video library management, and real-time notifications when someone views your video. It's ideal for a variety of use-cases such as internal communications, customer support, sales pitches, product demonstrations, and training tutorials.

Compliance and Security

Loom takes data protection seriously and aligns its operations with globally accepted regulations and security measures. The platform adheres to the standards set by the General Data Protection Regulation (GDPR), ensuring all user data and recordings are collected, processed, and stored while respecting user's privacy rights.

In terms of security, Loom has completed its Service Organization Control 2 (SOC2) Type II audit. This assures users of the robust security measures in place to protect their data and information.

The platform also includes advanced security features such as Multi-Factor Authentication (MFA) and Single Sign-On (SSO). MFA offers an additional layer of protection by requiring extra verification steps beyond basic password authentication. SSO allows users to log in to multiple services with one set of credentials, simplifying the login process and reducing the risk of password-related security issues.

Finally, Loom is committed to safeguarding Personally Identifiable Information (PII) in line with stringent Data Protection Act (DPA) regulations. This commitment further assures users that their personal and sensitive information is handled with utmost care and respect.

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Loom by the numbers

Negotiations handled:
10%
Unique purchasers:
10%
Average contract value:
10%
Average savings:
10%

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Meet some of our expert negotiators

Alli Cheaney
Alli Cheaney
Principal SaaS Consultant
We work for you
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Trey Swaim
Trey Swaim
Principal SaaS Consultant
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Our team has handled over 40,000 negotiations across thousands of suppliers
Bree Simmons-Yager
Bree Simmons-Yager
Principal SaaS Consultant
Visibility at every step
From initial consult to final closing, expect end-to-end transparency and support