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 Apr 30, 2026, the latest employee count at Loopio is 301.

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. Its primary sector is Sales Force Automation. In Canada, the Sales Force Automation sector has seen $85M in funding in 2026 to date.

Where does Loopio rank among its competitors?

Loopio ranks 3rd amongst 49 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 Realm, which secured $4.5M in Apr, 2026.

Who are the top competitors of Loopio?

Loopio's top competitors include SkySelect, AutogenAI and Responsive. Among them, Realm secured the most recent funding round in April, 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 49 active competitors, including 18 funded and 4 that have exited. Its top competitors include companies like SkySelect, AutogenAI and Responsive.

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

3^rd among 49 active competitors

Employee Count

301 as on Apr 30, 2026

Investment & Acquisitions

Avnio

Similar Companies

AutogenAI & 47 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	3431789	Series B	4917106	5646277	6540176	7256557
Feb 13, 2018	4138833	Series A	4761503	9032876	OpenView	7747162

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, Matthew York, Nathan Stanley, Christopher M. Litster 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 1m
yxftlyo	Independent board member	-	Current	6y 9m
npaeypu	Independent board member	-	Current	6y 9m
v{lerig	Independent board member	-	Current	8y 5m
rgbpdfn	Independent board member	-	Current	7y 5m
tn{{bgy	Independent board member	-	Current	7y 5m

View details of Loopio's Founder profiles and Board Members

Loopio's employee count trend

Loopio has 301 employees as of Apr 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 SkySelect, AutogenAI and Responsive. 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	SkySelect 2011, San Francisco (United States), Series A	Provider of an AI-powered platform for aircraft parts procurement and sourcing	$9M	Verb Ventures, The Rock Creek Group & 12 others	64/100
2nd	AutogenAI 2022, London (United Kingdom), Series B	Provider of an AI-powered platform for generating proposals and grant applications	$454M	Blossom Capital, Salesforce Ventures & 5 others	61/100
3rd	Loopio 2014, Toronto (Canada), Series B	AI powered RFP software	$209M	Sumeru Equity Partners, OpenView & 1 others	61/100
4th	Responsive 2015, Beaverton (United States), Series B	AI powered RFP lifecycle management software	$27M	Elevate Capital, K1 Investment Management ... & 3 others	58/100
5th	OrbitShift 2022, Lewes (United States), Series A	Developer of an AI system for enterprise sales cycle management	$8.5M	Stellaris, Peak XV Partners & 3 others	53/100
6th	Dasseti 2018, New York City (United States), Series A	Due diligence software for investment industry professionals	$11.8M	Nasdaq	53/100
7th	Realm 2023, Helsinki (Finland), Seed	Provider of search engine and knowledge sharing for workplaces	$6.35M	Frontline Ventures, HubSpot & 10 others	51/100
8th	Catapult 2016, Fort Mill (United States), Seed	Provider of RFP management platform	$1.72M	RevTech Labs, RevTech Labs Capital & 3 others	47/100
9th	Expedience Software 2015, Amherst (United States), Unfunded	Automated solutions for RFP response management	-	-	45/100
10th	RFP360 2012, Kansas City (United States), Acquired	End-to-end RFP management solution	$12M	Five Elms Capital, K1 Investment Management	45/100