About Responsive
Responsive is a company based in Beaverton (United States) founded in 2015 by AJ Sunder and Ganesh Shankar. It operates as a SaaS (Software-as-a-Service). Responsive has raised $27 million across 4 funding rounds from investors including K1 Investment Management, Archivist and Elevate Capital. The company has 252 employees as of April 09, 2024. Responsive has completed 3 acquisitions, including Bidhive, InHub and RFP360. Responsive offers products and services including Responsive AI and Strategic Response Management Platform. Responsive operates in a competitive market with competitors including Loopio, Mtivity, Prosal, Catapult and Tengo, among others.
- Headquarter Beaverton, United States
- Employees 252 as on 09 Apr, 2024
- Founders AJ Sunder, Ganesh Shankar
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Responsive
- Date of Incorporation 31 Aug, 2018
- Jurisdiction Coimbatore North, Tamil Nadu, India
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Annual Revenue
$4.18 M (USD)67.1as on Mar 31, 2023
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Net Profit
$621.31 K (USD)62.39as on Mar 31, 2023
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EBITDA
$1.04 M (USD)51.24as on Mar 31, 2023
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Total Equity Funding
$27 M (USD)
in 4 rounds
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Latest Funding Round
$25 M (USD), Private Equity Round
Jul 24, 2018
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Investors
K1 Investment Management
& 4 more
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Employee Count
252
as on Apr 09, 2024
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Investments & Acquisitions
Bidhive
& 2 more
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Products & Services of Responsive
Responsive offers a comprehensive portfolio of products and services, including Responsive AI and Strategic Response Management Platform.
AI platform is used for RFP response management.
Platform is utilized for managing strategic business responses.
People of Responsive
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Leadership Team
32 people
Sales and Marketing
29 people
Product Management Team
23 people
Customer Team
17 people
Software Development Team
17 people
Senior Team
16 people
Manager Team
5 people
Professional Team
5 people
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Funding Insights of Responsive
Responsive has successfully raised a total of $27M across 4 strategic funding rounds. The most recent funding activity was a Private Equity Round of $25 million completed in July 2018. 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.
Investors in Responsive
Responsive has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include K1 Investment Management, Archivist and Elevate Capital.
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B2B enterprise SaaS investments are managed by K1 Investment Management.
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Venture capital fund focused on underserved entrepreneurs is provided.
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Investor details for Responsive
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Investments & Acquisitions by Responsive
Responsive has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Bidhive, InHub and RFP360.
Investment portfolio details for Responsive
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of bid management solutions
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Provider of data management solutions to institutional investors
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End-to-end RFx processes are managed through cloud-based platform.
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Locked | Locked | 2012 | Locked |
Complete acquisition details for Responsive
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Financial Statements - Responsive
Detailed financials for Responsive
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- Profit trends
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Responsive Comparisons
Peer comparison for Responsive
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Competitors of Responsive
Responsive 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 Loopio, Mtivity, Prosal, Catapult and Tengo, among others.
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AI-powered RFP and contract management tools are offered for enterprises.
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Marketing supply chain processes are optimized via cloud-based SaaS workflows.
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RFP platform connections for vendor collaboration are facilitated.
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RFP management platform is offered to handle proposal requests efficiently.
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AI-enabled procurement and tender management solutions are provided.
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Detailed competitors of Responsive
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Responsive
Complete news archive for Responsive
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Frequently Asked Questions about Responsive
Responsive was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Responsive is headquartered in Beaverton, United States. It is registered at Beaverton, Oregon, United States.
Ganesh Shankar is the current CEO of Responsive. They have also founded this company.
Responsive is a funded company, having raised a total of $27M across 4 funding rounds to date.
As of Apr 09, 2024, the latest employee count at Responsive is 252.
Annual revenue of Responsive is $4.18M as on Mar 31, 2023.
Responsive is established as a leading provider of RFP response software and Strategic Response Management platforms. Solutions are designed to enhance team productivity across bids, proposals, and questionnaires using AI-driven insights. The platform is trusted by over 2000 companies worldwide, including 20 Fortune 100 firms. Services are focused on delivering speed and accuracy for sales, marketing, and executive teams. Opportunities worth over 750 billion are managed through their technology.
Responsive offers Responsive AI and Strategic Response Management Platform.
Responsive has 5 investors. Key investors include K1 Investment Management, Archivist, Elevate Capital, Tieoregon, and Bend Venture Conference.