What is Closedloop.Ai?
Founded in 2017 and based in Austin, Texas, ClosedLoop.ai operates a Healthcare Data Science Platform. The company specializes in automating many of the manual processes inherent in traditional data science tasks, offering pre-built models for common healthcare use cases. This focus on efficiency and specialized application positions ClosedLoop.ai to address critical needs within the healthcare industry for data-driven insights and operational improvements.
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 Greycroft Partners, Meridian Street Capital, .406 Ventures, and Silicon Valley Bank
Series B (2021): $34M led by T Ventures Management, Breyer Capital, Healthfirst, Greycroft Partners, and .406 Ventures
Key Investors in Closedloop.Ai
Greycroft Partners
Greycroft Partners is a venture capital firm specializing in internet and mobile markets, known for leveraging extensive industry connections to support portfolio companies in market entry and business growth.
.406 Ventures
.406 Ventures is a venture capital firm that partners with early-stage companies, particularly in healthcare, data and AI, and cybersecurity, providing capital and strategic support to foster industry leadership.
Breyer Capital
Breyer Capital is a global venture capital and private equity investor focused on idea-driven investments, with a strong belief in artificial intelligence and machine learning, backing transformative technology companies.
What's next for Closedloop.Ai?
The substantial enterprise-level backing and recent strategic investment signal a pivotal growth phase for ClosedLoop.ai. This financing is likely earmarked for expanding its platform capabilities, enhancing its AI-driven modeling solutions, and broadening its market reach within the healthcare ecosystem. The company's strategic focus on automating data science for healthcare use cases suggests a continued emphasis on product development and client acquisition to solidify its position as a leader in health tech innovation.
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