• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • Skip to footer

  • Opinion
  • Health IT
    • Behavioral Health
    • Care Coordination
    • EMR/EHR
    • Interoperability
    • Patient Engagement
    • Population Health Management
    • Revenue Cycle Management
    • Social Determinants of Health
  • Digital Health
    • AI
    • Blockchain
    • Precision Medicine
    • Telehealth
    • Wearables
  • Life Sciences
  • Investments
  • M&A
  • Value-based Care
    • Accountable Care (ACOs)
    • Medicare Advantage

OpenLoop Raises $3M to Expand Digital Health Marketplace for Clinicians

by Fred Pennic 04/14/2021 Leave a Comment

  • LinkedIn
  • Twitter
  • Facebook
  • Email
  • Print

What You Should Know:

– Techstars-backed OpenLoop raises $3M in funding to expand digital health marketplace to connect certified clinicians to telehealth opportunities.

– The company plans to use the funding to This financing enables OpenLoop to expedite the development of their marketplace technology and grow their team of experts.


OpenLoop, a Des Moines, Iowa-based virtual health company based in today announced their oversubscribed seed round financing of $3 million led by an angel group of physicians and was joined by Techstars, Next Level Ventures, Panoramic Ventures, and ISA Ventures, along with all existing investors, including Chairman Dr. Richard Ferguson, PhD.

According to a September 2019 study conducted by the Association of American Medical Colleges (AAMC), 35% of respondents said they had issues finding a clinician over the three prior years. That gap in access to care only continues to widen. More recent data from the AAMC anticipates that the US could experience a shortage of up to 139,000 primary and specialty care physicians by 2033; a staggering number that Telehealth adoption could alleviate.

Founded by Dr. Jon Lensing and Christian Williams, with the mission to enable healing anywhere, OpenLoop accelerates the delivery of patient care by connecting certified clinicians and insurance partners with Telehealth companies and rural healthcare facilities.

OpenLoop Network of Clinicians & Telehealth Providers

The OpenLoop network is comprised of fully-vetted clinicians and telehealth companies dedicated to delivering patient care everywhere. Frst launched in March of 2020, OpenLoop radily grew their fractional clinician workforce to over 5,500 clinicians in the first ten months of operation. These medical professionals utilize the OpenLoop network to find Telehealth shifts with companies implementing and scaling virtual healthcare services.

OpenLoop’s clients include Vermeer Corporation, a Fortune 500 manufacturer; Cano Health; and several telemedicine brands increasing their patient visit capacity nationally. The company plans to use the seed round of funding to expedite the development of its marketplace technology and grow its team of experts. The company is currently servicing 42,000 zip codes.

  • LinkedIn
  • Twitter
  • Facebook
  • Email
  • Print

Tagged With: digital health, Partners, Patient Care, PhD, physicians, rural healthcare, Techstars, telemedicine, Virtual Healthcare, Virtual Healthcare Services

Tap Native

Get in-depth healthcare technology analysis and commentary delivered straight to your email weekly

Reader Interactions

Primary Sidebar

Subscribe to HIT Consultant

Latest insightful articles delivered straight to your inbox weekly.

Submit a Tip or Pitch

Featured Interview

Reach7 Diabetes Studios Founder Chun Yong on Reimagining Chronic Care with a Concierge Medical Model

Most-Read

Advancing Diabetes Care: Combating Burnout and Harnessing Technology

Advancing Diabetes Care: Combating Burnout and Harnessing Technology

White House Event Unveils CMS Health Tech Ecosystem Initiative

White House Event Unveils CMS Health Tech Ecosystem Initiative

Meaningful Use Penalties_Meaningful Use_Partial Code Free_Senators Urge CMS to Establish Clear Metrics for ICD-10 Testing

CMS Finalizes TEAM Model: A New Era of Value-Based Surgical Care

HHS Finalizes HTI-4 Rule: Prior Authorization & E-Prescribing Interoperability

HHS Finalizes HTI-4 Rule: Prior Authorization & E-Prescribing Interoperability

Digital Health Faces Q2'25 Pullback: Funding Falls to 5-Year Low, But AI Dominates and $1B+ IPOs Emerge

Healthcare Investment Shifts in 1H 2025: AI Remains a Bright Spot Amidst Fundraising Decline

Digital Health Faces Q2'25 Pullback: Funding Falls to 5-Year Low

Digital Health Faces Q2’25 Pullback: Funding Falls to 5-Year Low

Beyond the Hype: Building AI Systems in Healthcare Where Hallucinations Are Not an Option

Beyond the Hype: Building AI Systems in Healthcare Where Hallucinations Are Not an Option

Health IT Sector Navigates Policy Turbulence with Resilient M&A

Health IT’s New Chapter: IPOs Return, Resilient M&A, Valuations Rise in 1H 2025

PwC Report: US Medical Cost Trend to Remain Elevated at 8.5% in 2026

PwC Report: US Medical Cost Trend to Remain Elevated at 8.5% in 2026

Philips Launches ECG AI Marketplace, Partnering with Anumana to Enhance Cardiac Care with AI-Powered Diagnostics

Philips Launches ECG AI Marketplace, Partnering with Anumana to Enhance Cardiac Care with AI-Powered Diagnostics

Secondary Sidebar

Footer

Company

  • About Us
  • Advertise with Us
  • Reprints and Permissions
  • Submit An Op-Ed
  • Contact
  • Subscribe

Editorial Coverage

  • Opinion
  • Health IT
    • Care Coordination
    • EMR/EHR
    • Interoperability
    • Population Health Management
    • Revenue Cycle Management
  • Digital Health
    • Artificial Intelligence
    • Blockchain Tech
    • Precision Medicine
    • Telehealth
    • Wearables
  • Startups
  • Value-Based Care
    • Accountable Care
    • Medicare Advantage

Connect

Subscribe to HIT Consultant Media

Latest insightful articles delivered straight to your inbox weekly

Copyright © 2025. HIT Consultant Media. All Rights Reserved. Privacy Policy |