ClosedLoop.ai: Raises $34M in Series B Funding

ClosedLoop.ai Raises $34M in Series B Funding

• ClosedLoop.ai., an Austin, Texas-based healthcare’s data science platform, raised $34m in Series B financing
• The round was led by Telstra Ventures with participation from Breyer Capital, Greycroft Ventures, .406 Ventures, and Healthfirst
• The company intends to use the funds to continue to expand the reach its artificial intelligence (AI) solutions
• The company provides a healthcare’s data science platform that enables healthcare organizations to use AI to improve outcomes and reduce costs
• The system combines an end-to-end machine learning platform with a comprehensive library of healthcare-specific features
• The platform integrates several data science workflows (data onboarding and normalization, automated feature engineering, autoML, and MLOps)