We saw the same problems every semester: overpriced textbooks, chaotic group chats, and zero trust. So we built the marketplace we wish existed.
"Canada has over a million university students and no verified campus marketplace. That's not a gap; that's the whole problem."
Every September, students at universities and colleges across Canada go through the same ritual. They post in scattered group chats, get lowballed by people with no connection to campus, and end up overpaying at the bookstore because nothing is organized or trustworthy.
Nothing has been built properly for Canada: no verification layer, no campus-first design, no way to know who's actually a student. That's the gap Loot is filling.
General classifieds weren't built for campus life. When you're meeting someone in your residence lobby or outside the library, you want to know they're a student; not a random person off the internet. That one layer of trust changes the whole dynamic. Transactions happen faster. People show up. No-shows get flagged.
We're starting at McMaster because that's where we're headed, Fall 2026, same as launch. Verification that works, messaging that doesn't leak personal info, ratings that filter out bad actors. When we get it right, we expand to the next school. Then the next.
Loot is free to list, browse, and message. When a buyer pays through Loot, an 8% platform fee is deducted from the seller's payout (buyer protection included). You pay the listed price. Cash, e-transfer, and trades carry no fee and no protection.
Loot Pro ($10/month) is coming soon: lower transaction fees and more listing capacity. It exists to keep Loot independent and ad-free, not as a cash grab. See pricing →
We're live.