The people
What they build
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Working at Loopio
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On the TechTO stage
Bootstrapping, Building Strong Culture and Best Practices for Scaling | Zak Hemraj
Watch on YouTube ↗Boot-Strapping Company & Embarking on a Venture Path - Zak Hemraj
Watch on YouTube ↗The Most Important Lessons for today's Sales Professionals | Michelle Oke
Watch on YouTube ↗Every talk is searchable — ask the archive about Loopio ↗
About
Founded in 2014, Loopio helps sales and proposal teams manage content and respond to RFPs and security questionnaires. The three co-founders bootstrapped the company for about four years — funding it on customer revenue to keep control and stay customer-obsessed — before raising a $9M Series A from OpenView in 2018 and a $200M USD strategic investment from Sumeru Equity Partners in 2021, as CEO Zak Hemraj described on the TechTO stage.
Backers
OpenView Venture Partners (Series A, 2018) · Sumeru Equity Partners ($200M strategic investment, 2021)
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Quick answers
What does Loopio do?
Loopio makes RFP-response software: it automates the work of responding to requests for proposals and security questionnaires, centralizing a company's content so sales teams can build proposals faster and win more deals.
Who founded Loopio?
Zak Hemraj, Matt York and Jafar Owainati founded Loopio in Toronto in 2014. Hemraj is CEO, York is CTO, and Owainati is COO.
How was Loopio funded?
Loopio bootstrapped on customer revenue for about four years, then raised a $9M Series A from OpenView in 2018 and a $200M USD strategic investment from Sumeru Equity Partners in 2021.