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Loopio

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Last updated on

Company health

Employee growth
1% decrease in the last year
Web traffic
26% decrease in the last quarter
Financing
November 2020 - $208M

Ratings

G2
4.7/5
(617)
Glassdoor
3.5/5
(136)

Loopio description

Loopio is a software platform designed to help mid-sized and larger companies streamline the process of responding to requests for proposals (RFPs), questionnaires, and other sales documents. It provides a centralized library for storing and managing company information, automates answer suggestions, and facilitates team collaboration. Loopio aims to help businesses respond to RFPs faster, improve the quality of their responses, and ultimately win more deals. Its key features include AI-powered answer suggestions, content management, collaboration tools, and integrations with other business applications.


Who is Loopio best for

Loopio is a user-friendly platform ideal for mid-size to large businesses frequently responding to RFPs. It centralizes content, automates responses with AI, and streamlines collaboration. Users praise its intuitive interface and time-saving automation, but note occasional slow loading times and inconsistencies with the AI. It's best for teams seeking to improve proposal quality and win more deals.

  • Best fit for medium and large companies seeking streamlined RFP processes.

  • Ideal for software/IT, finance, and professional services needing efficient proposal management.


Loopio features

Type in the name of the feature or in your own words tell us what you need
Supported

Loopio offers a centralized hub for organizing and managing product and sales content.

Supported

Loopio uses AI to automate responses, generate answers, and enhance proposal quality.

Supported

Loopio offers extensive integrations for data exchange and workflow automation.

Supported

Loopio supports team collaboration with features like simultaneous editing, project reviews, and Slack integration.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Value and Pricing Transparency

Neutral
+0

Customer Service

Strongly positive
+1

Ease of Use

Strongly positive
+0.89

Reliability and Performance

Strongly positive
+0.75

Ease of Implementation

Neutral
+0.2

Scalability

Rather positive
+0.33

Loopio reviews

We've summarised 607 Loopio reviews (Loopio G2 reviews) and summarised the main points below.

Pros of Loopio
  • User-friendly interface, easy to navigate and learn.
  • Centralized library for storing and managing RFP responses, improving content consistency.
  • Collaboration features streamline teamwork and communication within projects.
  • Magic tool automates answer suggestions, saving time and effort (when it works).
  • Integrations with Salesforce, Slack and MS Teams.
Cons of Loopio
  • Slow loading times, especially with large RFPs.
  • Difficulty importing and exporting certain file formats, particularly complex Excel spreadsheets and PDFs.
  • Magic tool is not always accurate and requires manual correction.
  • "Generate AI" feature can be inconsistent and requires refining.
  • Limited customization for project templates, especially for branding and visuals.

Loopio pricing

The commentary is based on 29 reviews from Loopio G2 reviews.

Loopio's pricing is generally considered high, especially for smaller organizations with limited budgets. Some users desire module-specific pricing options for greater cost-effectiveness. However, many users feel that the time savings and efficiency gains justify the cost, even calling it a worthwhile investment.

Users sentiment

Neutral
+0

See the Loopio pricing page.


Loopio alternatives

  • Logo of Fresh Proposals
    Fresh Proposals
    Better for creating impressive proposals with interactive quotes and e-signatures. Caters to small to medium businesses and freelancers. Has more momentum in terms of growth.
    Read more
  • Logo of Barley
    Barley
    Better for compensation management. More focused on HR departments in tech companies. Has grown slower and has less momentum overall.
    Read more
  • Logo of Responsive, formerly RFPIO
    Responsive, formerly RFPIO
    Has broader industry applicability. Higher rated by users. Growing faster. A better Loopio alternative for enterprise companies.
    Read more
  • Logo of RocketDocs
    RocketDocs
    Better suited for enterprise companies. Has significantly less momentum. Users find the interface intuitive but dislike the AI features and limited document attachment capabilities.
    Read more
  • Logo of Xodo Sign
    Xodo Sign
    Better for individuals, small and medium businesses needing e-signatures. Offers a free plan and generally more affordable pricing. Higher ratings and user satisfaction. Stronger ease of use and implementation. More broad industry fit. However, less focused on RFP management.
    Read more
  • Logo of Laserfiche
    Laserfiche
    Better for document management and automation across various departments. Caters to a wider range of industries, including manufacturing, education, government, and energy. Has stronger website traffic growth.
    Read more

Loopio FAQ

  • What is Loopio and what does Loopio do?

    Loopio is RFP software that streamlines the creation of proposals, questionnaires, and other sales documents. It uses AI to automate responses, manage content, and facilitate team collaboration, helping businesses respond faster, improve response quality, and win more deals.

  • How does Loopio integrate with other tools?

    Loopio integrates with other business applications through extensive integrations, facilitating data exchange and workflow automation. It specifically offers integrations with Salesforce, Slack, and MS Teams, enhancing collaboration and streamlining communication.

  • What the main competitors of Loopio?

    Top alternatives to Loopio include RFPIO, RocketDocs, and Tribble. These platforms offer similar features like AI-powered proposal generation, content management, and team collaboration tools, catering to mid-sized and large businesses that frequently handle RFPs and security questionnaires.

  • Is Loopio legit?

    Yes, Loopio is a legitimate software platform. It helps companies streamline RFP responses and manage sales content, with features like AI-powered automation and team collaboration tools. However, some users report slow loading times and inconsistencies with the AI features.

  • How much does Loopio cost?

    Loopio does not publicly disclose pricing information. Contact their sales team for a custom quote based on your specific business needs and user count. Consider factors like product features and your budget when determining if Loopio is worth the investment.

  • Is Loopio customer service good?

    Loopio's customer service receives overwhelmingly positive feedback. Users consistently praise the responsiveness, helpfulness, and expertise of the support team and their customer success managers. They appreciate the proactive approach and commitment to customer success.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.