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Telehealth Startup Openloop Raises $15 Million To Streamline Virtual Care Delivery

Mar 16, 2023•over 2 years ago

Amount Raised

$15 Million

Des MoinesMobile

Investors

Open LoopManchester StorySpring Tide VenturesPrime Time VenturesUnity Point Health VenturesNava Ventures

Description

OpenLoop, a leader in white-label telehealth support services powering virtual and hybrid care across the country, today announced it has raised a $15M Series A funding. The round was led by Nava Ventures, with participation from new investors UnityPoint Health Ventures and PrimeTime Ventures, and existing investors SpringTide Ventures and ManchesterStory. The company also announced a new nationwide insurance payer network that allows clients to offer reimbursable services to patients instead of cash pay only options.

Company Information

Company

OpenLoop

Location

Des Moines, Iowa, United States

About

OpenLoop is a health tech leader delivering full-stack, white-labeled clinical support to companies scaling virtual care services across the nation. Founded with the vision to bring healing anywhere, OpenLoop’s solutions are thoughtfully designed to simplify telehealth delivery across an expansive array of specialties, in all 50 states.

Company News

(5 articles)
Wed, 14 Apr 2021 07:00:00 GMT

OpenLoop, the Digital Health Marketplace Connecting Certified Clinicians to Telehealth Opportunities, Closes Oversubscribed $3M Seed Round - PR Newswire

Thu, 07 Dec 2017 08:21:20 GMT

Open-loop groundwater heat pumps development for large buildings: A case study - ScienceDirect.com

Wed, 24 May 2023 07:00:00 GMT

Baltic Sea shipping should avoid copper in antifouling paints and open-loop scrubbers to mitigate pollution - European Commission

Thu, 12 Nov 2009 08:00:00 GMT

Components of arterial systolic pressure and RR-interval oscillation spectra in a case of baroreflex failure, a human open-loop model of vascular control - Nature

Sun, 26 Nov 2017 08:00:00 GMT

A New Open Loop Approach for Identifying the Initial Rotor Position of a Permanent Magnet Synchronous Motor - Wiley Online Library

FundzWatch™ Score

62
Medium Activity

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech