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Full-Time

Solution Consultant

Posted on 7/3/2024

Loopio

Loopio

201-500 employees

RFP response software for enterprises

Enterprise Software

Senior, Expert

Toronto, ON, Canada

Category
Customer Success Management
Sales & Account Management
Required Skills
Sales
Communications
Requirements
  • 5+ years of experience in a client-facing role
  • Experience in Proposal Management and RFP Response
  • Experience using Loopio or other RFP response software
  • Ability to produce high-quality deliverables and presentations
  • Curiosity and continuous learning in the technical presales domain
  • Passion for making others successful
  • Ability to learn new technology quickly
  • Problem-solving skills
  • Strong communication and presentation skills
  • Alignment with company core values
Responsibilities
  • Partnering with the sales team to communicate Loopio's value proposition
  • Engaging with prospects to understand their workflows and processes
  • Showcasing Loopio's capabilities through product demonstrations
  • Overseeing proof-of-concept exercises and pilot programs
  • Assisting prospects in building a business case for Loopio's solutions
  • Building relationships with prospects
  • Keeping abreast of market trends
  • Providing training and support to the sales team
  • Collecting and relaying feedback to the product development team

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 organizations 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 approach helps clients save time and improve the quality of their responses, enabling them to win more business. Loopio differentiates itself 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

Series A

Total Funding

$209M

Headquarters

Toronto, Canada

Founded

2014

Growth & Insights
Headcount

6 month growth

-3%

1 year growth

-6%

2 year growth

-2%
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Simplify's Take

What believers are saying

  • The addition of Chris Litster to the Board of Directors brings high-growth expertise, potentially accelerating Loopio's market expansion and innovation.
  • Loopio's recent acquisition of Avnio expands its global presence and broadens its enterprise capabilities, offering enhanced functionality and deeper integrations.
  • A study revealing a 415% return on investment within three years highlights the significant business benefits and efficiency gains for Loopio's clients.

What critics are saying

  • The recent layoff of nine percent of its team could indicate underlying financial or operational challenges, potentially affecting employee morale and productivity.
  • The competitive landscape for RFP response software is intensifying, requiring Loopio to continuously innovate to maintain its market position.

What makes Loopio unique

  • Loopio's focus on automating RFP, RFI, DDQ, and Security Questionnaire responses sets it apart from competitors who may offer more generalized document management solutions.
  • The integration with major CRMs like HubSpot and Salesforce enhances Loopio's value proposition by streamlining workflows and improving collaboration directly within these widely-used platforms.
  • Loopio's subscription-based model ensures a steady revenue stream, allowing for continuous innovation and customer support, unlike competitors with less predictable revenue models.
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