Latest News

Silicon Hills

September 1, 2021

Serial Entrepreneur Andrew Eye Discusses ClosedLoop.ai’s $34 Million in Funding and its Technology on the Ideas to Invoices Podcast

Andrew Eye, ClosedLoop.ai’s CEO and Co-Founder, recently sat down for an interview with the Ideas to Invoices podcast to talk about his latest venture. Eye previously founded and sold two other technology companies.‍

Built in Austin

September 1, 2021

Austin’s 5 Largest Tech Funding Rounds Totaled $285M in August

The company is in the midst of a hiring push following its $34 million Series B round led by Telstra Ventures. Currently 35-strong, ClosedLoop wants to grow its team to 60 by year’s end and to 100 by the end of 2022 in roles across engineering, data science, customer success, support and more.

Austin Business Journal

August 30, 2021

In the money Aug. 30: $249M in deals for Austin startups

In the past week, five Austin companies reported roughly $249.4 million in funding deals... Austin-based health data platform developer ClosedLoop.ai reported Aug. 25 raising about $33.9 million from 14 investors, according to a regulatory filing.

CB Insights

August 19, 2021

This Telstra Ventures-Backed Healthcare Data Science Platform Raised $34M To Expand AI Solutions

ClosedLoop.ai, a healthcare data science platform, has raised $34M in a Series B funding round. This Series B brings ClosedLoop.ai's total funding to $49.7M. Here are the top-line bullets you need to know...

Fierce Healthcare

August 18, 2021

Fresh off its win in the CMS Challenge, ClosedLoop.ai nabs $34M to build out 'explainable' AI

Now, ClosedLoop.ai has $34 million in fresh funding to "pursue more problems" plaguing the $4 trillion industry, ClosedLoop co-founder and CEO Andrew Eye told Fierce Healthcare during an interview at the Healthcare Information and Management Systems Society (HIMSS) global conference in Las Vegas last week.

MedCity News

August 18, 2021

How transparent design helped a startup win CMS’ AI challenge — and $34M in funding

ClosedLoop.ai, an Austin-based healthcare startup, raised new funding after being picked by CMS as the winner of its AI Health Outcomes Challenge. The company’s secret? Working with health systems to build algorithms that are explainable.

Silicon Angle

August 18, 2021

ClosedLoop raises $34 million to infuse data science into healthcare

ClosedLoop.ai said it raised $34 million Series B financing for its healthcare-specific data science platform, bringing its total funding to $48 million. The company’s software combines machine learning with a library of healthcare-specific training features and model templates.

Medium - Breyer Capital

August 18, 2021

Breyer Capital’s Healthcare AI Investment Thesis: Learnings and Predictions (August 2021 Update)

ClosedLoop and these other newer additions underscore the breadth of opportunity in the sector and specifically represent a new frontier for leveraging previously inaccessible data sets. The teams at these companies are attacking different problems, but share a broader thesis that better data, when properly leveraged, will lead to transformative health insights and better patient outcomes.

Built in Austin

August 18, 2021

ClosedLoop.ai Raises $34M Series B to Solve Healthcare Challenges With AI

Back when healthcare data science platform ClosedLoop.ai was in its early days, co-founder and CEO Andrew Eye underwent a three-week “odyssey” of testing and waiting for diagnostic results concerning his daughter’s inflamed liver. By the time they finally got the diagnosis of autoimmune hepatitis, the eight-year-old was two weeks away from getting a liver transplant when the appropriate treatment was an inexpensive dose of the prescription drug prednisone.

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