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Loopio
Developed a cloud-based RFP software platform
About Loopio
Loopio is a dynamic startup that specializes in streamlining the process of responding to Requests for Proposals (RFPs), Requests for Information (RFIs), Due Diligence Questionnaires (DDQs), and Security Questionnaires. The company operates in the business-to-business (B2B) market, primarily serving medium to large enterprises across various industries, including technology, healthcare, and finance.
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Loopio's core offering is its RFP response software, which helps organizations manage and automate the complex and time-consuming process of crafting high-quality responses to RFPs and similar documents. The software includes a smart content management system that centralizes and organizes a company's knowledge base, making it easily accessible and up-to-date. This allows teams to collaborate more efficiently, assign tasks, gather insights, and review projects seamlessly.
The business model of Loopio is subscription-based. Clients pay a recurring fee to access the software and its features, which include intelligent automation tools and workflow enhancements. These tools help clients increase their efficiency, save time, and ultimately submit more competitive and polished RFP responses. By improving the quality and speed of their RFP responses, Loopio's clients can win more business and secure valuable partnerships.
Loopio makes money through these subscription fees, which can vary based on the size of the organization and the specific features they need. The company also offers additional services, such as training and support, to help clients maximize the value they get from the software.
In summary, Loopio is a B2B startup that provides RFP response software to help organizations streamline and automate the process of responding to RFPs and similar documents. The company operates on a subscription-based model and serves medium to large enterprises across various industries.
At a glance
- Founded
- 2014
- Headquarters
- Toronto, Canada
- Sector
- Marketing
- Power Law
- Colt$25–100M revenue
Latest news
Press, funding announcements and product moves mentioning Loopio.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Ontario Centre of Innovation
Series A1 investor entered at this stage
OpenView Venture Partners
Series B and later1 investor entered at this stage
Sumeru Equity Partners
Source: Dealroom Talent Intelligence.
Global footprint
team presence
across markets
Market sentiment
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