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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.
Social
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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
Investors
Ranked
Employee Count
791 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
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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:lockFilter 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
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OpenLoop's founders and board of directors

Founder? Claim Profile
The founders of OpenLoop are Jon Lensing and Matt Grossmann. Jon Lensing is the CEO of OpenLoop.
Here are the details of OpenLoop's key team members:

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
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Independent board member
-
Current
3y 8m
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Independent board member
-
Current
6y 3m
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Independent board member
-
Current
9y 3m
tnbe{mp
Independent board member
-
Current
9y 7m
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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

OpenLoop's employee count trend

OpenLoop has 791 employees as of Aug 26. Here is OpenLoop's employee count trend over the years:
Employee count trend for OpenLoop
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for ShiftKey
ShiftKey
2016, Irving (United States), Series A
Platform that connects licensed professionals with healthcare facilities
$300M
74/100
2nd
Logo for Hippocratic AI
Hippocratic AI
2022, Palo Alto (United States), Series C
Developer of safety-focused generative AI for healthcare
$404M
66/100
3rd
Logo for M3
M3
2000, Tokyo (Japan), Public
Japan's networking site dedicated to healthcare professionals
-
-
65/100
4th
Logo for TERN
TERN
2023, London (United Kingdom), Series A
Provider of international healthcare recruitment and relocation services
$33M
62/100
5th
Logo for OpenLoop
OpenLoop
2020, United States, Series A
Provider of work opportunities digital platform for healthcare professionals
$26.1M
61/100
6th
Logo for Clipboard Health
Clipboard Health
2016, San Francisco (United States), Series C
Connecting healthcare facilities with quality professionals, offering flexibility and reliable staffing
$90M
61/100
7th
Logo for Medley
Medley
2009, Tokyo (Japan), Public
Online portal for disease-specific medical information and medical jobs
$4.4M
60/100
8th
Logo for DirectShifts
DirectShifts
2017, New York City (United States), Series A
Online job board platform for the healthcare sector
$150K
60/100
9th
Logo for BioSpace
BioSpace
1985, Urbandale (United States), Series A
Online job board for life science industry
$10M
57/100
10th
Logo for PlexusMD
PlexusMD
2014, Ahmedabad (India), Seed
Professional network that connects medical professionals and healthcare organizations
$1.81M
55/100
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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)
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Reports related to OpenLoop

Here is the latest report on OpenLoop's sector:

News related to OpenLoop

lockFilter this list
Media has covered OpenLoop for a total of 5 events in the last 1 year, 2 of them have been about company updates.
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