ClosedLoop

Austin, United States Founded: 2017 • Age: 9 yrs
Provider of an AI-based risk predictive platform for payers, providers pharma
Annual revenue - Latest available
Total funding $48.0M 5 rounds
Employees - Tracked headcount
Investors 11 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About ClosedLoop

ClosedLoop is a company based in Austin (United States) founded in 2017. ClosedLoop has raised $48.05 million across 5 funding rounds from investors including SVB, Centers for Medicare & Medicaid Services and Telstra Ventures. ClosedLoop offers products and services including ClosedLoop Platform, Predictive Analytics, and Healthcare Content Library. ClosedLoop operates in a competitive market with competitors including Verily, IQVIA, Apixio, Gong and Centauri Health Solutions, among others.

  • Headquarter Austin, United States
  • Sectors
    Technology
    Financial Services Healthcare
  • Phone
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  • Website
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  • Social
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Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $48.05 M (USD)

    in 5 rounds

  • Latest Funding Round
    $34 M (USD), Series B

    Aug 17, 2021

  • Investors
    SVB

    & 10 more

  • Employee Count
    Not available
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Products & Services of ClosedLoop

ClosedLoop offers a comprehensive portfolio of products and services, including ClosedLoop Platform, Predictive Analytics, and Healthcare Content Library.

Product name locked
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Primary

Delivers predictive analytics for healthcare data science needs.

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Forecasts health risks to enable proactive interventions.

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Offers templates for faster healthcare model deployments.

People of ClosedLoop

Headcount 10-50
Employee Profiles 7
Board Members and Advisors 9
Employee Profiles
People
Vickie Rice
VP, Customer Success
People
Mark Reardon
Chief Medical Officer
People
Scott Davis
Chief Commercial Officer (cco)
People
Andrew Eye
CEO

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Board Members and Advisors
people
Ian Sigalow
Advisor
people
Marcus Bartram
Advisor
people
Russell Sherlock
Advisor
people
Adam Evans
Advisor

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Funding Insights of ClosedLoop

ClosedLoop has successfully raised a total of $48.05M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $34 million completed in August 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in ClosedLoop

ClosedLoop has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include SVB, Centers for Medicare & Medicaid Services and Telstra Ventures.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital firm backed by Telstra
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Venture capital firm
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Multiple sectors are targeted for venture capital investments by Greycroft.
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Investor details for ClosedLoop

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Investments & Acquisitions by ClosedLoop

Investments
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Investment portfolio details for ClosedLoop

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Financial Statements - ClosedLoop

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Detailed financials for ClosedLoop

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Closedloop Comparisons

ClosedLoop Primary company
Description
Provider of an AI-based risk predictive platform for payers,...
Location
Austin, United States
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for ClosedLoop

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Competitors of ClosedLoop

ClosedLoop operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Verily, IQVIA, Apixio, Gong and Centauri Health Solutions, among others.

Company Name Domain Founded year HQ Location Description
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AI-based solutions for health management are provided.
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Clinical research and commercialization solutions are provided for healthcare.
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Providing solutions for healthcare organization by optimizing costs and outcomes.
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Revenue intelligence solutions are delivered for sales and marketing teams.
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Provider of data management solutions for risk adjustment and quality-based revenue programs
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Cloud-based predictive analytics platform is utilized for asset maintenance insights.
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Detailed competitors of ClosedLoop

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Latest news on Closedloop

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Complete news archive for ClosedLoop

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Frequently Asked Questions about ClosedLoop

ClosedLoop was founded in 2017 and raised its 1st funding round 1 year after it was founded.

ClosedLoop is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

ClosedLoop is a funded company, having raised a total of $48.05M across 5 funding rounds to date.

ClosedLoop provides an Artificial Intelligence platform that delivers predictive risk models to enable accuracy, optimized outcomes, and costs efficiency. It empowers providers to improve both clinical and financial outcomes by predicting patient utilization relative to their adjustment score to better manage resources, identifying patients that may not be correctly risk-adjusted, and by identifying opportunities to assists with quality metrics. It helps payers to manage population health for targeted interventions and to monitor immediate and long-term outcomes for each program. It also helps pharma companies to analyze persistence and adherence behaviors to better understand product usage in the marketplace. Available as a SaaS, it has pricing tiers available for organizations of all sizes from small regional provider networks to large national health plans.

ClosedLoop's top competitors include Verily, Apixio and IQVIA.

ClosedLoop offers ClosedLoop Platform, Predictive Analytics, and Healthcare Content Library.

ClosedLoop has 11 investors. Key investors include SVB, Centers for Medicare & Medicaid Services, Telstra Ventures, Breyer Capital, and Greycroft.

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