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Venture Capital News: OpenLoop Receives $15M Series A Round

2023-03-16
DES MOINES, IA, OpenLoop, a leader in white-label telehealth support services powering virtual and hybrid care across the country, has raised $15 million in 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.

OpenLoop was co-founded by CEO, Dr. Jon Lensing, and COO, Christian Williams, with the vision to bring healing anywhere. The company's solutions are thoughtfully designed to streamline and simplify go-to-market care delivery for companies offering virtual support to patients across an expansive array of specialties in all 50 states, with patient-friendly insurance coverage. OpenLoop's deep investment in compliant, easy-to-use telehealth technology and top-tier providers is among the advantages that sets them apart in the industry.
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