Loopio named one of Canada’s Top Growing Companies by the Globe and Mail

The Loopio Team

For the fourth consecutive year, Loopio has been ranked as one of Canada’s Top Growing Companies by the Globe and Mail’s Report on Business. This program recognizes Canadian companies on three-year revenue growth, and Loopio earned its spot with growth of 268%.

“Eight years ago, we set out on a mission to disrupt the RFP response industry. Today, we’re honored to be recognized amongst some of the most innovative Canadian trailblazers.”
Zak Hemraj, CEO

“We’re so proud to be named one of Canada’s top-growing companies,” says Zak Hemraj, CEO and Co-Founder of Loopio. “Loopio is on an exciting growth trajectory, and this recognition makes it even more meaningful for our team. The best is still ahead of us as we shape the future of Response Management, and continue building a strong, enduring Canadian company!”

“This win comes off the heels of a milestone year for us, expanding our customer base to over 1,300 world-leading companies.”

Canada’s Top Growing Companies is an editorial ranking that was launched in 2019. It aims to celebrate the boldest entrepreneurial achievement by identifying and bringing the accomplishments of innovative businesses in Canada to the forefront. In order to qualify for this voluntary program, companies had to complete an in-depth application process and fulfill requirements. In total, 430 companies earned a spot on this year’s ranking, and Loopio ranks 169th on this year’s list.

The full list of 2022 winners and editorial coverage is published in the October issue of Report on Business magazine. The list is out now and online here.

Canada’s Top Growing Companies recognizes the tremendous ambition and innovation of entrepreneurs in Canada,” says Dawn Calleja, Editor of Report on Business magazine. “The next generation of Canadian businesses can draw inspiration from this ranking.”

“In an uncertain world, the success stories of the companies marked in this year’s Report on Business magazine’s list of Top Growing Companies are a beacon of optimism,” says Phillip Crawley, Publisher and CEO of The Globe and Mail. “The Globe and Mail congratulates them on their achievements.”

About Loopio:
Loopio’s RFP response software helps companies streamline their response process for RFPs, DDQs, and Security Questionnaires. With Loopio, teams respond faster, improve response quality, and win more business. Serving over 1,300 customers globally, Loopio is the leading, most-loved RFP response solution in the market.

Founded in 2014, Loopio is one of Canada’s fastest-growing technology startups. It has ranked twice as one of the fastest-growing companies on the Deloitte Technology Fast 50TM list, and it was also named one of Canada’s Top Small & Medium Employers. In 2021, Loopio raised a $200M strategic investment from Sumeru Equity Partners to fuel its next stage of growth. Learn more at loopio.com.

About The Globe and Mail:
The Globe and Mail is Canada’s foremost news media company, leading the national discussion and causing policy change through brave and independent journalism since 1844. With our award-winning coverage of business, politics and national affairs, The Globe and Mail newspaper reaches 5.9 million readers every week in our print or digital formats, and Report on Business magazine reaches 2.3 million readers in print and digital every issue. Our investment in innovative data science means that as the world continues to change, so does the Globe. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.

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