ClosedLoop - About the company
ClosedLoop is a series B company based in Austin (United States), founded in 2017 by Dave Decaprio and Andrew Eye. It operates as a Provider of an AI-based risk predictive platform for payers, providers & pharma. ClosedLoop has raised $48M in funding from investors like Greycroft, .406 Ventures and Telstra Ventures. The company has 609 active competitors, including 125 funded and 75 that have exited. Its top competitors include companies like Verily, IQVIA and Innovaccer.
Company Details
ClosedLoop provides an Artificial Intelligence platform that delivers predictive risk models to enable accuracy, optimized outcomes, and costs efficiency. It empowers providers to improve both clinical and financial outcomes by predicting patient utilization relative to their adjustment score to better manage resources, identifying patients that may not be correctly risk-adjusted, and by identifying opportunities to assists with quality metrics. It helps payers to manage population health for targeted interventions and to monitor immediate and long-term outcomes for each program. It also helps pharma companies to analyze persistence and adherence behaviors to better understand product usage in the marketplace. Available as a SaaS, it has pricing tiers available for organizations of all sizes from small regional provider networks to large national health plans.
- Website
- www.closedloop.ai/
Key Metrics
Founded Year
2017
Location
Austin, United States
Stage
Series B
Total Funding
$48M in 5 rounds
Latest Funding Round
Ranked
46th among 609 active competitors
Employee Count
23 as on Aug 31, 2026
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ClosedLoop's funding and investors
ClosedLoop has raised a total funding of $48M over 5 rounds. Its first funding round was on Feb 23, 2018. Its latest funding round was a Series B round on Aug 17, 2021 for $*****. 7 investors participated in its latest round. ClosedLoop has 13 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of ClosedLoop:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 17, 2021 | 5027791 | Series B | 2671359 | 1280948 | 9801447 | 5760692 |
Apr 30, 2021 | 1779847 | Grant (prize money) | 4865228 | 7440443 | 3351985 | |
Nov 19, 2020 | 9180370 | Series A | 6988018 | 8288260 |
View details of ClosedLoop's funding rounds and investors
ClosedLoop's founders and board of directors
Founder? Claim ProfileThe founders of ClosedLoop are Dave Decaprio and Andrew Eye.
Here are the details of ClosedLoop's key team members:
- Dave Decaprio: Chief Technology Officer & Founder of ClosedLoop.
- Andrew Eye: Co-Founder & CEO of ClosedLoop and founder of 1 other company. Contact Info: 1 email address
View details of ClosedLoop's Founder profiles and Board Members
ClosedLoop's employee count trend
ClosedLoop has 23 employees as of Aug 26. Here is ClosedLoop's employee count trend over the years:
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ClosedLoop's Competitors and alternates
Top competitors of ClosedLoop include Verily, IQVIA and Innovaccer. Here is the list of Top 10 competitors of ClosedLoop, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Verily 2015, Dallas (United States), Series D | A data platform and technology company purpose-built to power AI-enabled precision health | $2.8B | 82/100 | |
2nd | IQVIA 1982, Durham (United States), Public | Provider of clinical research and commercialization solutions for healthcare | $1.74M | 80/100 | |
3rd | Innovaccer 2014, San Francisco (United States), Series F | Developer of healthcare data platforms and artificial intelligence agent software | $675M | 78/100 | |
4th | Manifold AI 2016, Oakland (United States), Series B | Provider of an AI platform for life sciences research and development | $40M | 72/100 | |
5th | Fullstory 2014, Atlanta (United States), Series D | Provider of behavioral data analytics platform with AI-driven insights and automations | $196M | 71/100 | |
6th | DataRobot 2012, Boston (United States), Series G | Provider of an agent workforce platform for enterprise artificial intelligence | $1.05B | 71/100 | |
7th | Platform offering revenue intelligence solutions | $584M | 71/100 | ||
8th | Kumo 2021, Mountain View (United States), Acquired | Provider of a SaaS-based platform for enterprises for analytics | $37M | 69/100 | |
9th | Codoxo 2016, Atlanta (United States), Series C | AI-based platform for employee and individual healthcare planning | $75M | 63/100 | |
10th | DataPelago 2021, Sunnyvale (United States), Acquired | Developer of a data processing engine that accelerates GenAI and analytics | $47M | 62/100 | |
46th | ClosedLoop 2017, Austin (United States), Series B | Provider of an AI-based risk predictive platform for payers, providers & pharma | $48M | 48/100 |
Looking for more details on ClosedLoop's competitors? Click here to see the top ones
ClosedLoop's Investments and acquisitions
ClosedLoop has made no investments or acquisitions yet.
Reports related to ClosedLoop
Here is the latest report on ClosedLoop's sector:
News related to ClosedLoop
•
Closed Loop Wins Top Best in KLAS Healthcare AI Support for Third Consecutive YearPR Newswire•Feb 22, 2024•ClosedLoop
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CORRECTING and REPLACING Healthcare AI Leader ClosedLoop Launches Two First-of-Their-Kind Data Science Products for Value-Based CareBusiness Wire•Sep 19, 2023•ClosedLoop
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LTC ACO Selects ClosedLoop’s Award-Winning Data Science Platform to Deepen Accuracy of Predicted RiskGlobeNewswire•Feb 15, 2023•Ltcaco, ClosedLoop
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ClosedLoop Wins Best in KLAS for Healthcare AI for Second Consecutive YearNewswire•Feb 08, 2023•ClosedLoop
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ClosedLoop Selected to Participate in AWS Healthcare Accelerator for Health EquityGlobeNewswire•Aug 31, 2022•ClosedLoop
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ClosedLoop Wins 2022 Best in KLAS Award for Healthcare Artificial IntelligenceGlobeNewswire•Feb 09, 2022•ClosedLoop
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Dr. Blackford Middleton Joins ClosedLoop to Improve Clinical Decisions With AIGlobeNewswire•Jan 27, 2022•ClosedLoop
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Olive Partners with ClosedLoop to Improve Care and Reduce Financial Risk for PatientsAiThority•Nov 11, 2021•ClosedLoop, Olive
•
Accountable Care Organization Southwestern Health Resources Selects ClosedLoop.ai to Predict and Reduce Unplanned Hospital AdmissionsBusiness Wire•Sep 22, 2021•ClosedLoop, SWHR
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