What is OpenLoop?
OpenLoop operates as a critical digital health leader, providing comprehensive, white-labeled solutions that empower organizations to launch and scale virtual care offerings with speed and efficiency. By abstracting the complexities of telehealth infrastructure, the company enables providers and health systems to focus on patient outcomes rather than technical hurdles. Its market position is defined by its ability to bridge the gap between legacy healthcare systems and modern, patient-centric digital experiences, effectively serving as the backbone for the next generation of virtual care delivery.
How much funding has OpenLoop raised?
OpenLoop has raised a total of $18M across 2 funding rounds:
Other Financing Round
$3M
Series A
$15M
Other Financing Round (2021): $3M with participation from Panoramic Ventures, Techstars, ISA Ventures, and Next Level Ventures
Series A (2023): $15M led by SpringTide Ventures, ManchesterStory Group, ISA Ventures, Panoramic Ventures, Nava Ventures, UnityPoint Health Ventures, and Next Level Ventures
Key Investors in OpenLoop
ManchesterStory Group
ManchesterStory is a leading early-stage venture capital firm focused on deploying strategic capital to fuel growth and long-term partnerships in the financial services, healthcare, and insurance sectors.
ISA Ventures
ISA Ventures is Iowa's first multi-stage venture capital fund focused on supporting companies through various growth phases, with a specific emphasis on biotechnology and healthcare sectors.
Panoramic Ventures
Panoramic Ventures is an Atlanta-based firm that takes a wider-view approach to investing, targeting the Southeast and Midwest with a focus on diverse founders and university-led startups.
What's next for OpenLoop?
Looking ahead, OpenLoop is poised to leverage its recent strategic investment to deepen its integration within the broader healthcare value chain. The company's focus will likely shift toward enhancing its platform's interoperability and expanding its network of clinical partners. As the demand for scalable, compliant, and efficient virtual care continues to rise, OpenLoop's strategic roadmap suggests a commitment to driving innovation in patient access and operational efficiency. By maintaining its focus on enterprise-grade solutions, the firm is set to play a central role in the ongoing digital transformation of the healthcare sector.
See full OpenLoop company page
