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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.
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Key Metrics
Founded Year
2017
Location
Austin, United States
Stage
Series B
Total Funding
$48M in 5 rounds
Latest Funding Round
Investors
Ranked
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:lockFilter 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
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ClosedLoop's founders and board of directors

Founder? Claim Profile
The founders of ClosedLoop are Dave Decaprio and Andrew Eye.
Here are the details of ClosedLoop's key team members:

ClosedLoop's employee count trend

ClosedLoop has 23 employees as of Aug 26. Here is ClosedLoop's employee count trend over the years:
Employee count trend for ClosedLoop
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Verily
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
Logo for IQVIA
IQVIA
1982, Durham (United States), Public
Provider of clinical research and commercialization solutions for healthcare
$1.74M
80/100
3rd
Logo for Innovaccer
Innovaccer
2014, San Francisco (United States), Series F
Developer of healthcare data platforms and artificial intelligence agent software
$675M
78/100
4th
Logo for Manifold AI
Manifold AI
2016, Oakland (United States), Series B
Provider of an AI platform for life sciences research and development
$40M
72/100
5th
Logo for Fullstory
Fullstory
2014, Atlanta (United States), Series D
Provider of behavioral data analytics platform with AI-driven insights and automations
$196M
71/100
6th
Logo for DataRobot
DataRobot
2012, Boston (United States), Series G
Provider of an agent workforce platform for enterprise artificial intelligence
$1.05B
71/100
7th
Logo for Gong
Gong
2016, Israel, Series E
Platform offering revenue intelligence solutions
$584M
71/100
8th
Logo for Kumo
Kumo
2021, Mountain View (United States), Acquired
Provider of a SaaS-based platform for enterprises for analytics
$37M
69/100
9th
Logo for Codoxo
Codoxo
2016, Atlanta (United States), Series C
AI-based platform for employee and individual healthcare planning
$75M
63/100
10th
Logo for DataPelago
DataPelago
2021, Sunnyvale (United States), Acquired
Developer of a data processing engine that accelerates GenAI and analytics
$47M
62/100
46th
Logo for ClosedLoop
ClosedLoop
2017, Austin (United States), Series B
Provider of an AI-based risk predictive platform for payers, providers & pharma
$48M
48/100
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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

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Built In Honors ClosedLoop in 2023 Best Places to Work AwardsGlobeNewswire•Jan 11, 2023•ClosedLoop
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