Latest News

Austin Inno

October 14, 2021

Q3 funding report: Big exits, major fundings set Austin up for record year

Austin's startups are in the midst of a record-setting year for funding and exits. Austin-area startups generated more than $2.9 billion in exits in the third quarter, according to the Q3 PitchBook-NVCA Venture Monitor report. It's a sign of both Austin's maturing startup scene and hearty investor appetites nationwide.

Struic Startup Savant

October 1, 2021

5 Machine Learning Startups to Watch in 2021

the global market for machine learning was worth $6.9 billion in 2018 and is expected to grow by 43% between 2019 and 2025. Machine learning is transforming the way people do all sorts of things, from optimizing supply chains to launching digital products and services to improving the customer experience. The machine learning industry has spawned many startups that are leading the charge in this exciting field.

InsideBigData

September 29, 2021

How to Transfer Fundamental AI Advances into Practical Solutions for Healthcare

In this special guest feature on InsideBigData, Dave DeCaprio, CTO and Co-founder, ClosedLoop.ai, discusses what it really takes to make AI that physicians trust.

AIMed

September 27, 2021

ClosedLoop deploys explainable AI to improve population health

ClosedLoop.ai, healthcare’s data science platform, has announced a partnership with Southwestern Health Resources (SWHR), a national leader in population health management. ClosedLoop’s explainable artificial intelligence (AI) helps SWHR enhance its analytics capabilities to predict and reduce unplanned hospitalizations, and better identify and understand the unique needs of patients, so it can continue to set the industry standard for population health management.

MedCity News

September 23, 2021

Spotting and rooting out bias in AI algorithms for healthcare

Many of the algorithms are proprietary “black boxes,” leaving outsiders to wonder how they reach their conclusions. Carol McCall, chief healthcare analytics officer at artificial intelligence software startup ClosedLoop.ai, proposes one solution: Open things up. The healthcare industry must insist on AI solutions that are traceable and auditable, so that they can be reviewed over time to assess whether they are drifting off course. For that to happen, algorithms must be transparent and explainable.

AIthority

September 23, 2021

Accountable Care Organization Southwestern Health Resources Selects ClosedLoop.ai to Predict and Reduce Unplanned Hospital Admissions

ClosedLoop.ai, healthcare’s data science platform, today announced a partnership with Southwestern Health Resources (SWHR), a national leader in population health management. ClosedLoop’s explainable artificial intelligence (AI) helps SWHR enhance its analytics capabilities to predict and reduce unplanned hospitalizations, and better identify and understand the unique needs of patients, so it can continue to set the industry standard for population health management.

Fierce Healthcare

September 8, 2021

Health tech funding snapshot

Fierce Healthcare runs through the funding rounds that exceeded $25 million in August. Among other notable funding announcements, ClosedLoop's series B funding round secured a fresh $34 M to pursue more of the problems that contribute to the industry's bloated $4 trillion annual spend.

SPEEDA EDGE

September 6, 2021

Predicting the future of healthcare with ClosedLoop.ai CEO Andrew Eye

Fresh off closing his USD 34 million Series B, the CEO of healthcare data science platform ClosedLoop.ai and lead investor Marcus Bartram of Telstra Ventures sat down with SPEEDA Edge Managing Editor Max Lockie to discuss the funding event, the ins-and-outs of running an AI-first business, and the future of healthcare.

Austin American-Statesman

September 3, 2021

Funding roundup: Three Austin companies raise $67M for growth

Three Austin-area startups — one focused on health care, one on medical technology and another on the music industry — have combined to raise $67 million in recent funding deals to continue their growth... Austin-based health care technology company Closedloop.ai has raised $34 million to add to its product offerings.

Press Releases

September 22, 2021

Accountable Care Organization Southwestern Health Resources Selects ClosedLoop.ai to Predict and Reduce Unplanned Hospital Admissions

ClosedLoop.ai, healthcare’s data science platform, today announced a partnership with Southwestern Health Resources (SWHR), a national leader in population health management. ClosedLoop’s explainable artificial intelligence (AI) helps SWHR enhance its analytics capabilities to predict and reduce unplanned hospitalizations, and better identify and understand the unique needs of patients, so it can continue to set the industry standard for population health management.

August 17, 2021

ClosedLoop.ai Raises $34M Series B to Usher in AI-enabled Healthcare and Tackle Trillion-Dollar Healthcare Problem

ClosedLoop.ai, healthcare’s data science platform, today announced a $34 million Series B financing. The investment round, led by Telstra Ventures with participation from Breyer Capital, Greycroft Ventures, .406 Ventures, and Healthfirst, positions ClosedLoop to extend its lead in delivering artificial intelligence (AI) solutions that tackle some of healthcare’s biggest challenges.

June 10, 2021

National Value-Based Care Leader Palm Beach Accountable Care Organization Chooses ClosedLoop.ai

ClosedLoop.ai, healthcare’s data science platform, today announced a new relationship with Palm Beach Accountable Care Organization (PBACO), one of the nation’s leading and most successful physician-led ACOs in the Medicare Shared Savings Program (MSSP).

April 30, 2021

ClosedLoop.ai Wins $1.6 Million CMS Artificial Intelligence Health Outcomes Challenge

The win solidifies ClosedLoop as the industry leader in delivering explainable AI solutions that clinicians trust to predict health outcomes, target scarce resources, and keep their patients healthy.

November 19, 2020

ClosedLoop.ai Secures $11M Series A Funding to Assist Healthcare Organizations Improve Clinical and Financial Outcomes

ClosedLoop makes it easy and affordable for healthcare organizations to use data science to improve outcomes and reduce costs by combining an intuitive end-to-end machine learning platform for data scientists with a catalog of healthcare specific predictive models and features.

October 30, 2020

CMS Names ClosedLoop.ai a finalist in $1.6 million AI Health Challenge

ClosedLoop.ai, Healthcare’s Data Science Platform, has been selected as a top 7 finalist in the Centers for Medicare & Medicaid Services (CMS) Artificial Intelligence (AI) Health Outcomes Challenge.

October 29, 2020

KLAS Healthcare AI 2020 Report Identifies ClosedLoop as a Top Performer in Healthcare-focused AI

KLAS examines the recent AI purchase decisions of 47 organizations to determine which vendors are being considered and chosen, which are being replaced, and why provider and payer organizations choose the AI solutions they do (technology? service? healthcare expertise?).

June 29, 2020

Genesis Physicians Group Launches New Program to Deliver Innovative Medicaid Patient Care Amid COVID-19

Genesis Physician Group has entered into a value-based contract arrangement with Amerigroup Texas to advance patient-centered care for…

March 15, 2020

ClosedLoop Releases Open Source COVID-19 Vulnerability Index

ClosedLoop Announces Release of Free Open Source AI-based Tool to Identify Individuals Vulnerable to Severe Complications of COVID-19