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 150 Sudbury Street, Toronto.

Who is the current CEO of Loopio?

Zakir Hemraj of Loopio. They have also founded 1 company.

How many employees does Loopio have?

As of Mar 31, 2026, the latest employee count at Loopio is 299.

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 round, raised on Feb 13, 2018.

When was the latest funding round of Loopio?

Loopio's latest funding was a $***** Series B round on Apr 08, 2021, with participation from 1 investor.

Where does Loopio rank among its competitors?

Loopio ranks 1st amongst 42 active competitors, of which 12 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was OrbitShift, which secured an undisclosed amount in Oct, 2024.

Who are the top competitors of Loopio?

Loopio's top competitors include Responsive, SkySelect and OrbitShift. Among them, OrbitShift secured the most recent funding round in October, 2024.

Loopio - 2026 Company Profile, Team, Funding & Competitors

Loopio is a series B company based in Toronto (Canada), founded in 2014 by Zakir Hemraj and Jafar Owainati. It operates as an AI powered RFP software. Loopio has raised $209M in funding from OpenView. The company has 42 active competitors, including 12 funded and 4 that have exited. Its top competitors include companies like Responsive, SkySelect and OrbitShift.

Company Details

Loopio provides contract management solutions for enterprises. It provides tools for businesses to generate and share contracts automatically with prospects. Its product, RFP software, provides RFP content management, collaboration, and automation solutions. It allows users to aggregate and organize content, set up content reviews, assign tasks, and track team progress. Its product, proposal software, provides proposal development and creating solutions. It allows users to create and design interactive and updated proposals. Its product, security questionnaires, provides security content aggregation and security questionnaire response automation solutions. It allows users to aggregate and store security and compliance content and eradicate FAQs sections. Its major clients are HedgeServ, BugCrowd, IBM Watson Health, and Iovation.

Website: loopio.com
Social
Email ID: *****@loopio.com
Phone Number: +1 **********
Registered Address: 150 Sudbury Street, Toronto

Key Metrics

Founded Year

2014

Location

Toronto, Canada

Stage

Series B

Total Funding

$209M in 2 rounds

Latest Funding Round

Series B, Apr 08, 2021, $*****

Investors

OpenView & 2 more

Ranked

1^st among 42 active competitors

Employee Count

299 as on Mar 31, 2026

Investment & Acquisitions

Avnio

Similar Companies

Responsive & 40 more

View Loopio's full profile

Loopio is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Loopio Inc. CIN: 874845-4 , Canada, Active	Jan 06, 2014	-	-	-

Loopio has raised a total funding of $209M over 2 rounds. Its first funding round was on Feb 13, 2018. Its latest funding round was a Series B round on Apr 08, 2021 for $*****. 1 investor participated in its latest round. Loopio has 3 institutional investors.

Here is the list of recent funding rounds of Loopio:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 08, 2021	3772586	Series B	1998269	1519544	3334522	7232418
Feb 13, 2018	1956512	Series A	4085861	6105678	OpenView	2373979

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View details of Loopio's funding rounds and investors

The founders of Loopio are Zakir Hemraj and Jafar Owainati. Zakir Hemraj is the CEO of Loopio.

Here are the details of Loopio's key team members:

Zakir Hemraj: Co-Founder & CEO of Loopio. They serve on the board of 1 company.
Contact Info: 2 email addresses
Jafar Owainati: Co-Founder & COO of Loopio.
Contact Info: 1 email address

Loopio's Board of Directors

Loopio's board has 6 active members. Zakir Hemraj, Jason Babcoke, John Brennan, Nathan Stanley, Christopher M. Litster and Matthew York are independent board members.

Here is the list of Loopio's board of directors:

Name	Type	Representing	Status	Duration
Zakir Hemraj	Independent board member	-	Current	4y 11m
lqyebfc	Independent board member	-	Current	4y 3m
u{dsky{	Independent board member	-	Current	9y 7m
mqizwbb	Independent board member	-	Current	5y 6m
xizoyge	Independent board member	-	Current	5y 7m
icivjyl	Independent board member	-	Current	8y 4m

View details of Loopio's Founder profiles and Board Members

Loopio's employee count trend

Loopio has 299 employees as of Mar 26. Here is Loopio's employee count trend over the years:

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Top competitors of Loopio include Responsive, SkySelect and OrbitShift. Here is the list of Top 10 competitors of Loopio, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Loopio 2014, Toronto (Canada), Series B	AI powered RFP software	$209M	OpenView, Sumeru Equity Partners & 1 others	61/100
2nd	Responsive 2015, Beaverton (United States), Series B	AI powered RFP lifecycle management software	$27M	K1 Investment Management, Elevate Capital ... & 3 others	58/100
3rd	SkySelect 2011, San Francisco (United States), Funding Raised	Provider of an AI-powered platform for aircraft parts procurement and sourcing	-	Tehnopol Startup Incubator, Ridge Ventures ... & 7 others	58/100
4th	OrbitShift 2022, Lewes (United States), Series A	Developer of an AI system for enterprise sales cycle management	$8.5M	Stellaris Venture Partners, Peak XV Partners ... & 3 others	52/100
5th	RFP360 2012, Kansas City (United States), Acquired	End-to-end RFP management solution	$12M	Five Elms Capital, K1 Investment Management	47/100
6th	Catapult 2016, Fort Mill (United States), Seed	Provider of RFP management platform	$1.72M	RevTech Labs, RevTech Labs Capital & 3 others	47/100
7th	Inventive 2023, Mountain View (United States), Seed	RFP response platform for streamlining document import and draft generation	$4M	Sierra Ventures, General Catalyst & 2 others	43/100
8th	Qvidian 1978, Lowell (United States), Acquired	Provider of cloud-based software for content, marketing, IT, and project management	$20M	Kodiak Venture Partners, North Bridge Venture Partners ... & 1 others	41/100
9th	Mtivity 1999, London (United Kingdom), Series B	Marketing supply chain management	$10.1M	YFM Equity Partners, Albany Ventures	39/100
10th	GovShop 2015, Washington, DC (United States), Unfunded	Cloud-based platform and ecosystem designed to help government find suppliers	-	-	35/100