What is OpenLoop?
OpenLoop operates as a digital health leader, specializing in the provision of comprehensive, white-labeled infrastructure for the virtual care market. By offering a full-stack solution, the company enables healthcare organizations to bypass the technical hurdles of building telehealth platforms from scratch. This market position is critical in an era where patient demand for remote care is surging, and providers are under pressure to deliver seamless, integrated digital experiences. OpenLoop's platform serves as the connective tissue between clinical networks and patient-facing applications, effectively reducing the barrier to entry for large-scale virtual care initiatives.
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 Next Level Ventures, Techstars, ISA Ventures, and Panoramic Ventures
Series A (2023): $15M led by Next Level Ventures, SpringTide Ventures, UnityPoint Health Ventures, ManchesterStory Group, ISA Ventures, Nava Ventures, and Panoramic Ventures
Key Investors in OpenLoop
UnityPoint Health Ventures
The venture capital arm of one of the nation's most integrated health systems, focusing on investments that improve patient outcomes and reduce healthcare costs.
ManchesterStory Group
A leading early-stage venture capital firm that deploys strategic capital to fuel growth in the financial services, healthcare, and insurance sectors.
Panoramic Ventures
An Atlanta-based venture capital firm that utilizes a wider-view approach to support diverse founders and university startups across the Southeast and Midwest.
What's next for OpenLoop?
Looking ahead, OpenLoop is well-positioned to capitalize on the ongoing digital transformation of the healthcare industry. The recent strategic investment will likely be deployed toward expanding the company's clinical network, enhancing its proprietary technology stack, and deepening its integration capabilities with existing enterprise health systems. As the virtual care landscape matures, OpenLoop's focus on white-labeled, scalable infrastructure will be essential for organizations aiming to maintain competitive advantages in value-based care models. The company is expected to prioritize partnerships that broaden its reach across diverse clinical specialties, further cementing its role as an indispensable partner in the digital health ecosystem.
See full OpenLoop company page
