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 Aug 31, 2026, the latest employee count at Loopio is 268.

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 71 active competitors, of which 18 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was BidScript, which secured $800K in Jul, 2026.

Who are the top competitors of Loopio?

Loopio's top competitors include Responsive, Dasseti and OrbitShift. Among them, BidScript secured the most recent funding round in July, 2026.

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 71 active competitors, including 18 funded and 5 that have exited. Its top competitors include companies like Responsive, Dasseti 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 71 active competitors

Employee Count

268 as on Aug 31, 2026

Investment & Acquisitions

Avnio

Similar Companies

Responsive & 70 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	Reports
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	7330888	Series B	2245778	4520275	4457539	7617844
Feb 13, 2018	9264193	Series A	9990923	7191367	OpenView	9718026

Access funding benchmarks and valuations. Sign up today!

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, Christopher M. Litster, Nathan Stanley, Matthew York and John Brennan 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	5y 5m
uadbowb	Independent board member	-	Current	8y 2m
jsbbrb{	Independent board member	-	Current	3y 8m
qeziyav	Independent board member	-	Current	9y 2m
qrlxugc	Independent board member	-	Current	9y 6m
jk{djkf	Independent board member	-	Current	3y 7m

View details of Loopio's Founder profiles and Board Members

Loopio's employee count trend

Loopio has 268 employees as of Aug 26. Here is Loopio's employee count trend over the years:

Uncover Loopio's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Loopio include Responsive, Dasseti 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	Sumeru Equity Partners, OpenView & 1 others	61/100
2nd	Responsive 2015, Beaverton (United States), Series B	AI powered RFP lifecycle management software	$27M	Elevate Capital, K1 Investment Management ... & 3 others	58/100
3rd	Dasseti 2018, New York City (United States), Acquired	Due diligence software for investment industry professionals	$11.8M	Nasdaq	57/100
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	53/100
5th	AutogenAI 2022, New York City (United States), Series B	Provider of an AI-powered platform for generating proposals and grant applications	$455M	Salesforce Ventures, Blossom Capital & 5 others	50/100
6th	Realm 2023, Helsinki (Finland), Seed	Provider of search engine and knowledge sharing for workplaces	$6.35M	Frontline Ventures, HubSpot & 10 others	49/100
7th	Catapult 2016, Fort Mill (United States), Seed	Provider of RFP management platform	$1.72M	RevTech Labs, MassChallenge & 3 others	46/100
8th	Expedience Software 2015, Amherst (United States), Unfunded	Automated solutions for RFP response management	-	-	45/100
9th	RFP360 2012, Kansas City (United States), Acquired	End-to-end RFP management solution	$12M	Five Elms Capital, K1 Investment Management	45/100
10th	BidScript 2023, Manchester (United Kingdom), Seed	Platform offering proposal management software for businesses	$1M	SFC Capital, PXN Ventures	44/100