Loopio: Raises $200M Investment From Sumeru Equity Partners

April 11, 2021

994

Loopio: Raises $200M Investment From Sumeru Equity Partners

Must read

Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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