What is Closedloop.Ai?
Founded in 2017 and based in Austin, Texas, ClosedLoop.Ai operates as a Healthcare Data Science Platform. The company specializes in providing pre-built models for common healthcare use cases, significantly automating the traditionally manual processes involved in data science tasks. This focus on efficiency and specialized application within the healthcare industry positions ClosedLoop.Ai as a key player in leveraging data for improved health outcomes and operational efficiency.
How much funding has Closedloop.Ai raised?
Closedloop.Ai has raised a total of $45M across 2 funding rounds:
Series A
$11M
Series B
$34M
Series A (2020): $11M with participation from Meridian Street Capital, Greycroft Partners, .406 Ventures, and Silicon Valley Bank
Series B (2021): $34M led by Breyer Capital, Healthfirst, T Ventures Management, .406 Ventures, and Greycroft Partners
Key Investors in Closedloop.Ai
Breyer Capital
Breyer Capital is a global venture capital and private equity investor focused on long-term, idea-driven investments, particularly in AI and machine learning. They have a history of backing transformative technology companies.
Healthfirst
Healthfirst provides comprehensive emergency readiness, infection control, and compliance solutions for medical and dental facilities across the United States, with a long history dating back to 1969.
T Ventures Management
T Ventures Management, also known as Telstra Ventures, is a venture capital firm established in 2011 that invests in prominent technology companies.
What's next for Closedloop.Ai?
The substantial enterprise-level funding suggests ClosedLoop.Ai is poised for significant scaling and market expansion. This capital injection will likely fuel further development of its AI-driven healthcare data science platform, enhance its go-to-market strategies, and potentially broaden its service offerings. The strategic nature of the recent investment indicates a deepening partnership with key backers, potentially leading to synergistic growth opportunities and accelerated innovation in the competitive health tech landscape.
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