ClosedLoop.ai offers a purpose-built, end-to-end machine learning platform for healthcare that combines data onboarding and normalization, automated feature engineering, AutoML, MLOps, and a large catalog of healthcare-specific model templates. Its Healthcare ML Content Catalog and prebuilt clinical features let organizations — including those without in-house data science teams — create and deploy explainable, customized AI solutions quickly. ClosedLoop emphasizes explainable AI integrated into clinical workflows, delivering patient-specific forecasts that surface key variables and link to interventions for clinicians. The company cites wins including the $1.6M CMS AI Health Outcomes Challenge, a KLAS Healthcare AI top-performer designation, and widespread adoption of its open-source COVID-19 index, which it says has helped impact 10M+ lives. Since its Series A less than two years ago, ClosedLoop reports it has quintupled revenue and added national healthcare leaders and partners. The company plans to use its platform and explainable-AI approach to scale adoption across value-based care and help providers reduce unnecessary costs and improve outcomes. ClosedLoop.ai offers a purpose-built, end-to-end machine learning platform for healthcare that supports data prep, automated feature engineering, AutoML/model training, deployment and MLOps. The platform includes a content library with more than 2,000 healthcare features and an industry collection of extendable pre-built predictive and prescriptive models for common healthcare use cases. Customers can use off-the-shelf models or build advanced custom models and access the platform via low-code options or an API for Python and Jupyter Notebooks. ClosedLoop is recognized in the KLAS Healthcare AI 2020 report as a Top Performer, with 100% of customers saying they would buy the platform again, and is a top 7 finalist in the CMS AI Health Outcomes Challenge. The company plans to use new funding to continue investing in product and engineering and to expand its sales and marketing teams. ClosedLoop was founded in 2017 and is headquartered in Austin, Texas.

Total raised

$45M

Funding rounds

2

Latest round

Series B

Latest activity

Aug 2021