Loopio

Loopio

RFP response software for enterprises

About

Loopio specializes in simplifying the process of responding to Requests for Proposals (RFPs), Requests for Information (RFIs), Due Diligence Questionnaires (DDQs), and Security Questionnaires. Its main product is RFP response software that helps businesses manage and automate the intricate task of creating high-quality responses. The software features a smart content management system that organizes a company's knowledge base, making it easy for teams to collaborate, assign tasks, and review projects efficiently. Loopio operates on a subscription-based model, allowing clients to access its software and tools that enhance workflow and automation. This helps organizations save time and improve the quality of their responses, enabling them to win more business. Loopio stands out from competitors by focusing on the specific needs of medium to large enterprises across various industries, providing tailored support and training to maximize the software's value.

Company Stage

Growth Equity (Venture Capital)

Employees

201-500

Industries

Data & Analytics, Consulting, Enterprise Software

Total Funding

$203M

Headquarters

Toronto, Canada

Founded

2014


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Simplify's Take

What believers are saying

  • Growing demand for AI-driven content management boosts Loopio's market potential.
  • Integration with HubSpot enhances collaboration and efficiency for Loopio's customers.
  • Loopio's acquisition of Avnio expands its global presence and enterprise capabilities.

What critics are saying

  • Increased competition from AI-driven RFP tools threatens Loopio's market share.
  • Recent layoffs may disrupt operations and affect service quality at Loopio.
  • Integration challenges with Avnio could delay expected synergies and benefits.

What makes Loopio unique

  • Loopio's RFP software centralizes and organizes knowledge for efficient proposal management.
  • The platform integrates with CRM systems like HubSpot to streamline sales and proposal processes.
  • Loopio offers a holistic approach with its Response Management Loop Framework for strategic responses.

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Growth & Insights
Headcount

6 month growth

2%

1 year growth

-1%

2 year growth

-3%

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