8 Months
Time to hire
$8,676
Total cost per hire
11
Number of hires
$277,212
Total savings

Overview

Loopio is a Toronto-based RFP response software provider that helps companies streamline their process for RFPs, DDQs, and Security Questionnaires.

One of Canada’s fastest-growing tech startups. It ranked twice as one of the fastest-growing companies on the Deloitte Technology Fast 50TM list and was selected twice as one of LinkedIn’s Top Startups in Canada.

In 2021, Loopio secured a significant $200 million strategic invesment from a technology investment firm.

This partnership and investment allowed Loopio to continue evolving its RFP response technology and better support sales and proposal teams worldwide.

Loopio engaged icon to help source and recruit for some critical hires to finish off the year and start building pipelines for their Q1 goals.

Challenges & Requirements

Growth Overload: Outpacing internal talent acquisition capacity despite a strong existing team.

Cutthroat Market: Navigating an intensely competitive landscape amid the 2021 tech talent shortage peak with skyrocketing salaries.

Scaling Imperative: Effectively scaling the team with specialized expertise to secure top talent against fierce competition.

Solution

To address the substantial number of Engineering roles and competitive talent market, we added two senior recruiters to integrate with Loopio’s existing talent acquisition team.

This dedicated team utilized their technical recruitment expertise to work on these roles around the clock resulting in significant higher volume of outreach and candidate interviews.

Results

In a successful 11-month period, we filled 11 key roles for Loopio, achieving a low cost per hire of $8,676 and generating significant total savings of $277,212.
Our contributions extended beyond recruitment to include the establishment of an optimized internal interview process and the development of targeted candidate outreach templates, enhancing the overall efficiency of Loopio’s talent acquisition efforts.

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