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Faith-based AI company Gloo faces moment of truth after $48m in losses
The Gloo booth at the National Religious Broadcasters convention in February, in Nashville, Tennessee. (RNS photo/Bob Smietana)
Scott Beck has long hoped the faith-based tech company he founded in 2013 would help churches and other Christian groups harness technology to spread God’s word and help save the world.
More than $400 million in losses and 13 years later, that dream faces a critical juncture.
Leaders at Gloo Holdings Inc. hope a stock sale on July 10 will bring in more than $20 million to the faith-based company to help keep it going and make it a kind of one-stop shop for outsourcing church services.
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