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§ Private Profile · 512 E Riverside Dr, Austin, TX 78704, United States
AI data science platform building explainable predictive models for healthcare organizations to improve patient outcomes.
Based in Austin, Texas, ClosedLoop develops an artificial intelligence and data science platform that enables healthcare organizations to build customized predictive models for patient outcomes and risk identification. The enterprise has raised significant venture capital funding, highlighted by a $34 million Series B investment round in August 2021 that was led by Telstra Ventures and Breyer Capital. ClosedLoop provides its cloud-based predictive analytics software to various healthcare providers, accountable care organizations, and payers, securing enterprise contracts with entities including Healthfirst, Medical Home Network, and Booz Allen Hamilton. Prior to its Series B financing, the company won the $1.6 million Centers for Medicare and Medicaid Services AI Health Outcomes Challenge, defeating competitors like IBM and the Mayo Clinic. ClosedLoop was originally founded in 2017 by chief executive officer Andrew Eye and chief technology officer Dave DeCaprio.
ClosedLoop has raised $45.0M across 2 funding rounds.
ClosedLoop has raised $45.0M in total across 2 funding rounds.
ClosedLoop has raised $45.0M in total across 2 funding rounds.
ClosedLoop's investors include Marcus Bartram, .406 Ventures, Afore Capital, Generation Ventures, IA Capital Group, Insight Partners, LiveOak Venture Partners, Sequoia Capital, Streamlined Ventures, Zetta Venture Partners, Adam Boehler, Sam Palmisano.
ClosedLoop refers to two distinct technology companies in different domains:
1. Closeloop Technologies is a Silicon Valley-based software development company specializing in full-cycle digital product development for startups and enterprises. They build custom AI and machine learning applications, CRM and ERP systems, cloud and DevOps solutions, and mobile apps. Their clients span logistics, healthcare, retail, edtech, and fintech sectors. They focus on delivering robust, scalable, and future-ready software platforms with a strong emphasis on clean code and long-term evolution[1][3].
2. ClosedLoop.ai is a healthcare AI company that provides predictive analytics platforms designed to improve health outcomes and reduce costs. Their flagship product, *Healthy*, is a conversational AI app for personalized health and wellness. They serve healthcare providers, payers, pharma, and digital health companies by delivering explainable, actionable predictions of individual health risks, enabling proactive interventions and cost savings[2][4].
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*Closeloop Technologies:*
*ClosedLoop.ai:*
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Both companies, though distinct, exemplify how specialized AI and software solutions are transforming industries by enabling smarter, data-driven decisions and digital innovation.
ClosedLoop has raised $45.0M across 2 funding rounds. Most recently, it raised $34.0M Series B in August 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 1, 2021 | $34M Series B | Marcus Bartram | .406 Ventures, Afore Capital, Generation Ventures, IA Capital Group, Insight Partners, LiveOak Venture Partners, Sequoia Capital, Streamlined Ventures, Zetta Venture Partners, Adam Boehler, SAM Palmisano, JIM Breyer, Greycroft, Healthfirst | Announced |
| Nov 1, 2020 | $11M Series A | .406 Ventures, IAN Sigalow | Generation Ventures, Insight Partners, Sequoia Capital, Zetta Venture Partners, Meridian Street Capital, Silicon Valley Bank | Announced |