What is Closedloop.Ai?
Founded in 2017 and headquartered in Austin, Texas, ClosedLoop.ai operates as a specialized healthcare data science platform. The company addresses the critical industry bottleneck of manual data processing by providing a robust suite of predictive models tailored for common healthcare use cases. By automating the labor-intensive aspects of traditional data science, ClosedLoop.ai enables healthcare organizations to deploy machine learning solutions with unprecedented speed and accuracy. This technological infrastructure is essential for providers and payers aiming to optimize patient outcomes and operational efficiency through advanced artificial intelligence.
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 Silicon Valley Bank, .406 Ventures, Meridian Street Capital, and Greycroft Partners
Series B (2021): $34M led by Healthfirst, T Ventures Management, Greycroft Partners, Breyer Capital, and .406 Ventures
Key Investors in Closedloop.Ai
.406 Ventures
.406 Ventures is a venture capital firm that partners with early-stage companies demonstrating home run potential, particularly in the fields of healthcare, data and AI, and cybersecurity.
Greycroft Partners
Greycroft is a leading venture capital firm focused on investments in the Internet and mobile markets, leveraging an extensive network of media and technology industry connections.
Breyer Capital
Breyer Capital is an independent global venture capital and private equity investor focusing on long-term, idea-driven investments with a strong belief in the transformative power of artificial intelligence.
What's next for Closedloop.Ai?
With the recent influx of capital, ClosedLoop.ai is well-positioned to accelerate its enterprise-level expansion and deepen its product capabilities. The strategic focus will likely center on scaling its automated modeling platform to meet the growing demand for predictive analytics in value-based care environments. As the healthcare industry continues to prioritize data-driven decision-making, ClosedLoop.ai is poised to leverage its existing investor network to capture significant market share, further refining its algorithms to address increasingly complex clinical and financial challenges within the healthcare ecosystem.
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