RCS - Loopio - Loopio Acquires Avnio, Expanding Global Presence

SalesforceAnnouncement

18/05/2023 13:15

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RNS Number : 7913Z  Loopio  18 May 2023

Loopio Acquires Avnio, Expanding Global Presence and Broadening Enterprise
Capabilities

Loopio continues to scale its operations with the addition of UK-based Avnio,
bringing customers enhanced functionality, deeper integrations, and meaningful
insights

LONDON, UK / ACCESSWIRE / May 18, 2023 / Today, Loopio
(https://pr.report/WgfcH8hT) , the leading response management software
company, announced the acquisition of London-based software company and
Request for Proposals (RFP) Response solution, Avnio
(https://pr.report/5osq1XgN) .

With the acquisition of Avnio, Loopio will offer customers enhanced
functionality to respond to and win more RFPs, and enable them to approach
their response process more strategically by ensuring time is invested in the
right opportunities. During these challenging economic times, the need to
quickly and effectively respond to sales opportunities is more important than
ever before.

"We're very excited about acquiring Avnio and realizing the potential that we
will unlock for our customers. From day one, there was strong vision alignment
with Avnio, and it was clear that their technology would complement our own,"
says Zak Hemraj, CEO and Co-founder of Loopio. "Avnio's deep integration with
Salesforce, combined with our robust response workflows and analytics, will
provide customers a stronger and smarter approach to their response process."

With the acquisition, Avnio CEO and Founder, Tobias Dawes, will be joining the
Loopio team as Senior Vice President of Product and Design. This role
appointment, in addition to Avnio's presence in the United Kingdom and India,
will support Loopio in expanding its international footprint and better serve
its growing global customer base. Coming off of a year where Loopio found
that 39% of all top-line revenue was sourced by RFPs
(https://pr.report/RUGFbNIT) , the acquisition will ensure even more companies
across the globe can realize the benefits of an optimized RFP response
process.

"We are so excited and honored to join a team that shares our vision for a
better response process," says Dawes. "This acquisition will undoubtedly
propel our products and services to the next level. Together with Loopio, I am
really excited about the value our customers will get from our two companies
coming together."

Avnio, the only Salesforce-native RFP response platform, offers unique
features that complement the Loopio platform, including functionality that
enables its customers to combine their response data within their CRM, and
industry-leading AI and GPT functionality.

For more information about Loopio's acquisition of Avnio, please visit
the Loopio blog (https://pr.report/rwGxFs4K) .

About Loopio

Loopio's response management platform helps companies streamline their
response process for RFPs, DDQs, Security Questionnaires, and any sales
request that comes their way. Currently serving over 1,300 companies globally
at world-leading organizations, Loopio enables sales and proposal teams to
respond faster, improve response accuracy, and win more business.

To learn more about Loopio, visit loopio.com (https://pr.report/eWgaY8id)
 and follow the company on LinkedIn (https://pr.report/sBEACQk-) .

About Avnio

Avnio is a Sales Control and Acceleration Platform dedicated to creating
amazing solutions and products for sales teams. Avnio RFx is the only
Salesforce native, fully-automated RFx solution designed to help you win more
of the right business.

Contact Information

Sara Stratton

Senior Brand Communications Manager
sara.stratton@loopio.com (mailto:sara.stratton@loopio.com)

SOURCE: Loopio

 

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