What is Loop Health?
Founded in 2018 and headquartered in Maharashtra, India, Loop Health operates as a modern healthcare provider that integrates high-quality primary care with employer-sponsored insurance. The company leverages its mobile application to offer businesses a comprehensive healthcare solution for their employees, providing access to preventative care and a dedicated team of doctors. Loop Health aims to streamline healthcare delivery for organizations by combining digital accessibility with essential medical services, positioning itself as a key player in India's evolving digital health landscape.
How much funding has Loop Health raised?
Loop Health has raised a total of $39.3M across 3 funding rounds:
Angel/Seed
$2.3M
Series A
$12M
Series B
$25M
Angel/Seed (2020): $2.3M with participation from Sierra Ventures
Series A (2021): $12M led by General Catalyst, Tribe Capital Growth Corp I, Elevation Capital, Vinod Khosla, and YC Continuity Fund
Series B (2022): $25M supported by Elevation Capital and General Catalyst
Key Investors in Loop Health
General Catalyst
General Catalyst is a venture capital firm focused on identifying and supporting transformational business opportunities across multiple sectors and stages, known for backing ambitious visions that reshape industries.
Elevation Capital
Elevation Capital is a privately owned investment manager providing services to institutional and qualified investors, managing separate client-focused equity portfolios and mutual funds.
Sierra Ventures
Sierra Ventures is a Silicon Valley-based venture capital firm that invests in early-stage technology startups, primarily Seed and Series A, in areas such as enterprise software and AI.
What's next for Loop Health?
The recent major strategic investment in Loop Health signals a strong confidence from its backers in the company's business model and future potential. This infusion of capital is likely to be directed towards enhancing its technological infrastructure, expanding its network of healthcare professionals, and broadening its service offerings to a larger corporate clientele. Loop Health is poised to further solidify its presence in the Indian market, potentially exploring new service lines or geographical expansions to capitalize on the growing demand for integrated digital healthcare solutions.
See full Loop Health company page
