OpenLoop - About the company
OpenLoop is a series A company based in United States, founded in 2020 by Jon Lensing and Matt Grossmann. It operates as a Provider of work opportunities digital platform for healthcare professionals. OpenLoop has raised $26.1M in funding from investors like Techstars, SpringTide and Nava Ventures. The company has 566 active competitors, including 31 funded and 35 that have exited. Its top competitors include companies like ShiftKey, Hippocratic AI and M3.
Company Details
Provider of work opportunities digital platform for healthcare professionals. The company was previously also known as a brand of Appollo. The company provides a platform that assists medical professionals to find jobs based on their requirements. The portal provided by the company is an open networking portal for medical providers and facilities. The user is allowed to search for job opportunities based on the shifts, work location, and other necessities.
- Website
- openloophealth.com
- Email ID
- *****@openloophealth.com
- Registered Address
- 317 6TH AVENUE SUITE 400, DES MOINES, IA 50309
Key Metrics
Founded Year
2020
Location
Stage
Series A
Total Funding
$26.1M in 4 rounds
Latest Funding Round
Ranked
5th among 566 active competitors
Employee Count
791 as on Aug 31, 2026
Investment & Acquisitions
Legal entities associated with OpenLoop
OpenLoop is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
OPENLOOP HEALTH, INC. CIN: 700485 , United States, Active | Feb 02, 2022 | - | 111 (As on Dec 31, 2023) | - |
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OpenLoop's funding and investors
OpenLoop has raised a total funding of $26.1M over 4 rounds. Its first funding round was on Sep 08, 2020. Its latest funding round was a Series A round on Mar 15, 2023 for $*****. 5 investors participated in its latest round. OpenLoop has 10 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of OpenLoop:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 15, 2023 | 3151749 | Series A | 8861754 | 5440024 | 8915535 | 4645204 |
Mar 15, 2022 | 4919891 | Series A | 5013572 | 4608970 | 8015698 | |
Apr 14, 2021 | 7677874 | Seed | 2092717 | 6423875 | 7629683 |
View details of OpenLoop's funding rounds and investors
OpenLoop's founders and board of directors
Founder? Claim ProfileHere are the details of OpenLoop's key team members:
- Jon Lensing: Co-Founder & CEO of OpenLoop. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Matt Grossmann: Co-Founder of OpenLoop. Contact Info: 1 phone number
OpenLoop's Board of Directors
OpenLoop's board has 9 active members. Richard Ferguson, Dan Lambert, Freddie Martignetti, Jon Lensing, Matthew Grossman, Pankaj Monga, Frederick Hofheinz, Richard Heller and Christian Williams are independent board members.Here is the list of OpenLoop's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 5y 7m | |
pnrnzbj | Independent board member | - | Current | 3y 8m |
uanyqcl | Independent board member | - | Current | 6y 3m |
fxgftsw | Independent board member | - | Current | 9y 3m |
tnbe{mp | Independent board member | - | Current | 9y 7m |
iuscxzn | Independent board member | - | Current | 1y 9m |
fyozcoc | Independent board member | - | Current | 7y 5m |
u{{agcf | Independent board member | - | Current | 6y 8m |
gufospx | Independent board member | - | Current | 8y 6m |
View details of OpenLoop's Founder profiles and Board Members
OpenLoop's employee count trend
OpenLoop has 791 employees as of Aug 26. Here is OpenLoop's employee count trend over the years:
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OpenLoop's Competitors and alternates
Top competitors of OpenLoop include ShiftKey, Hippocratic AI and M3. Here is the list of Top 10 competitors of OpenLoop, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ShiftKey 2016, Irving (United States), Series A | Platform that connects licensed professionals with healthcare facilities | $300M | 74/100 | |
2nd | Hippocratic AI 2022, Palo Alto (United States), Series C | Developer of safety-focused generative AI for healthcare | $404M | 66/100 | |
3rd | Japan's networking site dedicated to healthcare professionals | - | - | 65/100 | |
4th | TERN 2023, London (United Kingdom), Series A | Provider of international healthcare recruitment and relocation services | $33M | 62/100 | |
5th | OpenLoop 2020, United States, Series A | Provider of work opportunities digital platform for healthcare professionals | $26.1M | 61/100 | |
6th | Clipboard Health 2016, San Francisco (United States), Series C | Connecting healthcare facilities with quality professionals, offering flexibility and reliable staffing | $90M | 61/100 | |
7th | Online portal for disease-specific medical information and medical jobs | $4.4M | 60/100 | ||
8th | DirectShifts 2017, New York City (United States), Series A | Online job board platform for the healthcare sector | $150K | 60/100 | |
9th | BioSpace 1985, Urbandale (United States), Series A | Online job board for life science industry | $10M | 57/100 | |
10th | Professional network that connects medical professionals and healthcare organizations | $1.81M | 55/100 |
Looking for more details on OpenLoop's competitors? Click here to see the top ones
OpenLoop's Investments and acquisitions
OpenLoop has made 2 investments in Happy Health and Happy Ring and acquired Season Health.Here is the list of these investments and acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Aug 22, 2026 | Investments | 2019 | Austin (United States) | |
Aug 18, 2026 | Investments | 2019 | Austin (United States) | |
Apr 02, 2026 | Acquisition | 2019 | Austin (United States) |
Reports related to OpenLoop
Here is the latest report on OpenLoop's sector:
News related to OpenLoop
Media has covered OpenLoop for a total of 5 events in the last 1 year, 2 of them have been about company updates.
•
Happy Health Secures $75 Million Series A Funding for AI-Powered Home Care PlatformMassinvestor•Aug 19, 2026•Arch Venture Partners, Happy Health, OpenLoop
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OpenLoop Acquires Hey Revia, Names Sowmya Subramanian Chief Technology and Product Officer, Advancing AI InfrastructureEIN Presswire•Jun 30, 2026•OpenLoop, Hey Revia
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NYSE Content Update: OpenLoop Health Debuts At-Home Sleep Apnea Test with 98% AccuracyPR Newswire•Apr 14, 2026•OpenLoop
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OpenLoop Health Achieves SOC 2 Type 1 Certification, Reinforcing Commitment to Data SecurityOpenLoop•Jul 01, 2025•OpenLoop
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Dr. Mohit Joshipura Promoted to Chief Medical Officer at OpenLoop HealthOpenLoop•Nov 03, 2024•OpenLoop
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