RFP response solution Loopio secures $11.3 mln in Series A
Loopio Inc, a Toronto-based provider of requests-for-proposals (RFPs) response software, has raised about $11.3 million (US$9 million) in a Series A financing. The round was led by U.S. venture capital firm OpenView, whose partner, Ricky Pelletier, will join the board. Founded in 2014, Loopio has developed a solution that helps enterprises to streamline RFPs, requests for information and security questionnaires. Today, more than 300 organizations utilize the company's technology. Led by CEO Zakir Hemraj, Loopio will use the funds raised to accelerate product development and expand its team, particularly in sales and engineering.
13 February 2018•3 mins read
