FinTechFunding

Loopio: Raises $200M Investment From Sumeru Equity Partners

  • Loopio, a Toronto, Canada-based provider of a Request for Proposal (RFP) response software platform, received a $200m (USD) strategic investment
  • Backers included Sumeru Equity Partners (SEP) and Affiliates
  • The company also intends to use the funds to accelerate product development, customer acquisition, and hiring
  • Loopio also provides a software provider that allows companies to streamline their response process for RFPs, DDQs, and Security Questionnaires
  • It isused by 1,000+ companies to streamline their RFP response process, improve sales efficiency, and surface growth opportunities
  • Users include brands like DocuSign, Siemens, and McGraw Hill
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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