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Following early pandemic layoffs, Loopio secures $252 million to accelerate its growth


Loopio secures $252 million to accelerate its growth in RFP software market
Toronto-based B2B software startup Loopio has secured a $252 million CAD ($200 million USD) strategic investment from Sumeru Equity Partners (SEP) and Affiliates.
Loopio plans to use the fresh funding to accelerate its product development, customer acquisition, and hiring, as the company banks on continued request for proposal (RFP) software market growth.
“Despite the uncertainties of last year, the RFP software market continued to grow at a rapid-fire pace,”
wrote Zak Hemraj, Loopio’s CEO and co-founder.
SEP is a growth-focused tech investment firm that funds enterprise tech companies. Loopio isn’t the only Canadian software startup SEP has recently funded: the California-based firm led a $126 million CAD ($100 million USD) investment in Vancouver’s Tasktop, which was also announced today. ....

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Loopio's Annual Trends Report Reveals State of RFP Management in 2021


Loopio’s Annual Trends Report Reveals State of RFP Management in 2021
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Loopio’s research of 650+ RFP response teams shows a 6% decrease in RFP revenue, despite response volume remaining steady.
Loopio s 2021 RFP Reponse Trends & Benchmarks Report.
This research gives RFP teams a clear picture of how the industry fared in 2020 and recommendations for how they should shift their strategies in 2021. - Zak Hemraj, Loopio CEO and Co-Founder.
TORONTO (PRWEB)
January 11, 2021
Loopio, the leader in Request For Proposal (RFP) response software, announced today the release of their second annual RFP Response Trends & Benchmarks Report.
This in-depth research project offers the industry’s most comprehensive view of the RFP response management field. It includes key industry benchmarks, as well as larger trends impacting RFP revenue, submission rates, and volume. ....

United States , Zak Hemraj , Legal Media Services , Technology Hardware , Solutions Engineers , Deloitte Technology Fast , Request For Proposal , North America , Benchmarks Report , Subject Matter Experts , Proposal Managers , Marketing Executives , Information Security , Media Services , Public Sector , With Loopio , Top Startups , Press Release , ஒன்றுபட்டது மாநிலங்களில் , ஸ்யாக் ஹேம்ராஜ் , சட்டப்பூர்வமானது மீடியா சேவைகள் , தொழில்நுட்பம் வன்பொருள் , தீர்வுகள் பொறியாளர்கள் , டெலோய்ட்டே தொழில்நுட்பம் வேகமாக , கோரிக்கை க்கு ப்ரபோஸல் , வடக்கு அமெரிக்கா ,