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ClosedLoop
Data science platform for healthcare
- 21-100 employees
- Healthcare
- B2B
- Artificial Intelligence
- Analytics
- Machine Learning
- Data Analysis
- South River City, Austin, TX
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Company mission
To improve health and transform care with data science and AI.
115% employee growth in 12 months
Our take
Year on year, healthcare data grows exponentially, but the majority of hospitals have no data governance or analytics strategies in place. ClosedLoop was founded to enable healthcare organizations to effectively leverage data science, allowing them to improve patient outcomes and reduce costs.
ClosedLoop's platform provides off-the-shelf AI models and automation workflows that improve clinical documentation, and reduce preventable re-hospitalizations. CloseLoop has maintained a strong focus on transparency, ensuring that its platform is explainable to physicians, and could address potential sources of bias.
ClosedLoop has raised significant funding towards accelerating R&D, expanding operations, and marketing its services. The company's focus on transparent and explainable algorithms allowed it to find success in the CMS AI challenge in 2021, winning out against competition from the likes of IBM, Mayo Clinic, and Geisinger. It has since won several other additional awards.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Salary: We use tools to ensure employees are paid competitively and fairly, and we re‑evaluate this data throughout the year
- Flexible PTO: Use PTO as needed, whether it’s for vacation, appointments, or emergencies
- Premium Health Benefits: We pay 100% of medical, dental, and vision premiums for employees and dependents, and offer HSA and FSA options
- Company Equity: Offered to all full-time ClosedLoop employees
- Professional Development: From our learning management system, to lunch ‘n learns, to our leadership council, you’ll constantly grow as a Closer!
- 401(k) Plan: For all full-time, regular employees
Company values
- Purpose Driven - Everything we do has a meaningful direction, always with the intent to improve lives
- Hopeful - Even in challenging moments, we approach problems with optimism and creativity
- Committed - We stay dedicated to our goals and to each other, no matter the hurdles
- Hard Working - Reflects our relentless pursuit of excellence and resilience
- Interdependent - We believe in the power of teamwork; our success is rooted in collaboration and trust
- Transparent - We build relationships based on honesty, trust, and open communication
Funding (last 2 of 3 rounds)
Apr 2022
$1m
GRANT
Aug 2021
$34m
SERIES B
Total funding: $46m
This company has top investors
Leadership
Andrew Eye
(Co-Founder & CEO)Worked as a Senior Software Architect at NASA and the US Marine Corps. Founded Boxer, and then served as VP of Strategy at VMware.
Dave DeCaprio
(Co-Founder & Advisor)CTO at mbue. Was Chief Architect at i2 Technologies. Worked as an Associate Director at the Broad Institute, and was VP of Engineering at GNS Healthcare.
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