Fundz

Loopio Announces $200M Investment From Sumeru Equity Partners and Affiliates to Take RFP Response Software to New Heights

Apr 08, 2021

Amount Raised

$200 Million

Round Type

Venture

information technology & services

Description

Loopio, the leader in Request for Proposal (RFP) response software, announced today that it received a strategic investment of $200 million (USD) from Sumeru Equity Partners (SEP) and Affiliates, a technology investment firm that provides growth capital and operating expertise to enterprise technology companies.

Quick answer

Loopio raised $200 Million in a funding round, dated April 8, 2021.

How much did Loopio raise?
Loopio raised $200 Million in a funding round on April 8, 2021.
What does Loopio do?
Loopio is a Toronto-based software provider that helps companies streamline their response process for RFPs, DDQs, and Security Questionnaires.
Where is Loopio based and how big is it?
Fundz records about 240 employees.

Source: Fundz verified event record.

Who else raised in information technology & services around the same time

Companies in the same sectors as Loopio that raised within 45 days of this round, from Fundz verified event records.

  • Extend raised $260M (Series C) on May 18, 2021.
  • Compwell raised $5M on May 13, 2021.
  • Amazon.com raised an undisclosed amount on May 7, 2021.
  • Integris raised $90M on April 28, 2021.
  • Smith Micro Software raised $10M on April 21, 2021.
  • Octopus Deploy raised $173M on April 20, 2021.

Who to call at Loopio, and when

A new round usually means Loopio is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Loopio raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Loopio, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Loopio. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Loopio

Location

720 King Street West

About

Loopio is a Toronto-based software provider that helps companies streamline their response process for RFPs, DDQs, and Security Questionnaires. With Loopio, teams can respond faster, improve response quality, and win more business. Loopio is one of Canada’s fastest-growing tech startups. It ranked twice as one of the fastest-growing companies on the Deloitte Technology Fast 50™ list and was selected twice as one of LinkedIn’s Top Startups in Canada.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Loopio raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Predictive Intelligence
Strategic

ML-powered predictions for Loopio's next move

See what Strategic adds

Loopio raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.