About Loopio
Loopio is a company based in Toronto (Canada) founded in 2014 by Matt York and Zakir Hemraj.. Loopio has raised $209 million across 2 funding rounds from investors including Sumeru Equity Partners and OpenView. Loopio has completed 1 acquisition, including Loopio. Loopio offers products and services including RFP Responses Tool, Security Questionnaires Tool, Due Diligence Questionnaires Tool, Sales Proposals Tool, and Sales Knowledge Platform. Loopio operates in a competitive market with competitors including Responsive, SurveySparrow, Wrk, Mtivity and Splitgrid, among others.
- Headquarter Toronto, Canada
- Founders Matt York, Zakir Hemraj
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$209 M (USD)
in 2 rounds
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Latest Funding Round
$200 M (USD), Series B
Apr 08, 2021
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Investors
Sumeru Equity Partners
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Loopio
Loopio offers a comprehensive portfolio of products and services, including RFP Responses Tool, Security Questionnaires Tool, Due Diligence Questionnaires Tool, Sales Proposals Tool, and Sales Knowledge Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates RFP processes to streamline bidding and improve win rates.
Enables fast, accurate answers to security queries with team collaboration.
Facilitates up-to-date responses for due diligence to meet deadlines.
Builds and manages sales proposals using templates for efficiency.
Provides quick access to trusted answers for sales productivity.
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Software Development Team
17 people
Leadership Team
16 people
Sales and Marketing
11 people
Product Management Team
9 people
Human Resources and Administration
9 people
Finance and Accounting
4 people
Legal and Compliance
4 people
Senior Team
4 people
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Funding Insights of Loopio
Loopio has successfully raised a total of $209M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $200 million completed in April 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $200.0M
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First Round
First Round
(13 Feb 2018)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2021 | Amount | Series B - Loopio | Valuation |
investors |
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| Feb, 2018 | Amount | Series A - Loopio | Valuation | OpenView |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Loopio
Loopio has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Sumeru Equity Partners and OpenView. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Buyouts are targeted by this private equity investment firm.
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Founded Year | Domain | Location | |
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US expansion-stage companies are invested in by OpenView.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Loopio
Loopio has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Loopio. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud-enabled RFP response and automation software is offered.
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2019 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Loopio
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Loopio Comparisons
Competitors of Loopio
Loopio operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Responsive, SurveySparrow, Wrk, Mtivity and Splitgrid, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-driven portfolios are adapted to global economic changes for users.
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| domain | founded_year | HQ Location |
Cloud-based platform for surveys and customer feedback management is offered.
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| domain | founded_year | HQ Location |
AI-powered workflow automation solutions are delivered via bots and integrations.
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| domain | founded_year | HQ Location |
Marketing supply chain processes are optimized via cloud-based SaaS workflows.
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| domain | founded_year | HQ Location |
Accounting and store performance management tool for offline retailers
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Loopio
Frequently Asked Questions about Loopio
When was Loopio founded?
Loopio was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Where is Loopio located?
Loopio is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Loopio?
Zakir Hemraj is the current CEO of Loopio. They have also founded this company.
Is Loopio a funded company?
Loopio is a funded company, having raised a total of $209M across 2 funding rounds to date. The company's 1st funding round was a Series A of $9M, raised on Feb 13, 2018.
What does Loopio do?
Loopio was founded in 2014 in Toronto, Canada, and operates in the enterprise software sector. Contract management solutions are provided, including RFP content management, collaboration, and automation. Tools for aggregating content, conducting reviews, assigning tasks, and tracking progress are included. Proposal development features enable interactive designs, while security questionnaire automation aggregates compliance content. Major clients such as HedgeServ, BugCrowd, IBM Watson Health, and Iovation are served.
Who are the top competitors of Loopio?
Loopio's top competitors include Responsive, SurveySparrow and Wrk.
What products or services does Loopio offer?
Loopio offers RFP Responses Tool, Security Questionnaires Tool, Due Diligence Questionnaires Tool, Sales Proposals Tool, and Sales Knowledge Platform.
How many acquisitions has Loopio made?
Loopio has made 1 acquisition, including Loopio.
Who are Loopio's investors?
Loopio has 2 investors. Key investors include Sumeru Equity Partners, and OpenView.