OpenLoop raises $3 million seed round

OpenLoop, an online platform designed to help match healthcare providers with hospitals and other facilities that require extra staffing assistance, has closed a $3 million seed round the company announced today.

Next Level Ventures, Panoramic VC (formerly BIP capital), Techstars, and ISA Ventures all participated in the $3 million round. The rest of the round was filled by angel investors. 

“We are planning on using the majority of funds to increase headcount,” OpenLoop co-founder and CEO Jon Lensing told Clay & Milk. “These new key hires will be used to solidify our product, sales, and marketing teams. We have an ambitious product vision that we would like to accomplish in the next year and this money will enable us to do that.”

The Des Moines-based company currently has multiple open positions listed on its website including User Experience Designer and Senior Software Engineer.

“Telehealth has tremendous potential, and we think OpenLoop fits quite nicely in that big opportunity,” said Scott Hoekman, co-founder and Partner at Next Level Ventures. “We are very excited to back Jon and the entire OpenLoop team.”

“We’re excited to partner with OpenLoop as they work to improve community health by drastically streamlining how clinicians and healthcare organizations connect around locum tenens and telehealth hiring,” says Mark Buffington, Managing Partner at Panoramic Ventures.

OpenLoop was one of ten companies to take part in the inaugural cohort of Techstars Iowa last fall.


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