On February 13, 2018, Loopio announced that it has raised US$9 million in a Series A round of financing led by OpenView.
Loopio will use this investment to fuel growth by accelerating product development and expanding its team.
Loopio is a proposal and knowledge management software company that simplifies the process of responding to Request for Proposals (RFPs). Loopio’s platform has an intuitive interface, is collaborative, and has an automation engine to help companies manage and develop proposal content with ease.
OpenView is an expansion stage venture firm which helps build software companies into market leaders.
Osler, Hoskin & Harcourt LLP represented Loopio with a team consisting of Chad Bayne, David Jamieson, Arielle Kaplan and Kevin Feng (Corporate) and Alison Di Cesare (Labour & Employment).