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
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Sectors
TechnologyFinancial Services Healthcare
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$48.05 M (USD)
in 5 rounds
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Latest Funding Round
$34 M (USD), Series B
Aug 17, 2021
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Investors
SVB
& 10 more
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Employee Count
Employee Count
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Delivers predictive analytics for healthcare data science needs.
Forecasts health risks to enable proactive interventions.
Offers templates for faster healthcare model deployments.
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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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $34.0M
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First Round
First Round
(23 Feb 2018)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Series B - ClosedLoop | Valuation | Telstra Ventures | |
| Apr, 2021 | Amount | Grant - ClosedLoop | Valuation |
investors |
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| Nov, 2020 | Amount | Series A - ClosedLoop | Valuation | Greycroft , .406 Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm backed by Telstra
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Founded Year | Domain | Location | |
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Venture capital firm
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Founded Year | Domain | Location | |
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Multiple sectors are targeted for venture capital investments by Greycroft.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ClosedLoop
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ClosedLoop
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Closedloop Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based solutions for health management are provided.
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| domain | founded_year | HQ Location |
Clinical research and commercialization solutions are provided for healthcare.
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| domain | founded_year | HQ Location |
Providing solutions for healthcare organization by optimizing costs and outcomes.
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| domain | founded_year | HQ Location |
Revenue intelligence solutions are delivered for sales and marketing teams.
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| domain | founded_year | HQ Location |
Provider of data management solutions for risk adjustment and quality-based revenue programs
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| domain | founded_year | HQ Location |
Cloud-based predictive analytics platform is utilized for asset maintenance insights.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Closedloop
Frequently Asked Questions about ClosedLoop
When was ClosedLoop founded?
ClosedLoop was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is ClosedLoop located?
ClosedLoop is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is ClosedLoop a funded company?
ClosedLoop is a funded company, having raised a total of $48.05M across 5 funding rounds to date. The company's 1st funding round was a Series A of $11M, raised on Feb 23, 2018.
What does ClosedLoop do?
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.
Who are the top competitors of ClosedLoop?
What products or services does ClosedLoop offer?
ClosedLoop offers ClosedLoop Platform, Predictive Analytics, and Healthcare Content Library.
Who are ClosedLoop's investors?
ClosedLoop has 11 investors. Key investors include SVB, Centers for Medicare & Medicaid Services, Telstra Ventures, Breyer Capital, and Greycroft.