Companies · Healthtech

OpenLoop Health, Inc.

DES MOINES · Healthtech · refined from filed group “Other Technology

Diligence memoA one-page analyst read on OpenLoop Health, Inc. — recommendation, valuation, rhythm, risks.
$21.3M
Total raised · real
5
Rounds
0.8×
Latest step-up
Top 20%
Sector rank · raised
Series A
Latest stage · inferred · Tue Mar 21 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

OpenLoop Health, Inc. looks under-valued against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the healthtech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.06× the median modeled value of Series A Healthtech companies in 2022–2024 (190 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.3 yr ago; this sector typically re-raises about every 14 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Healthtech

OpenLoop Health, Inc. is one of 2138 Healthtech companies tracked from DES MOINES. By capital raised it ranks in the upper tier (ahead of 81% of sector peers), and in the long tail by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
1
Investors (latest)
2022
Year incorporated
2023-03-21
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$50M$100M$150M$200MSeed · 2021-02-10 Raised $1.3M (real) Modeled valuation $27M (est)$1.3M$27MSeed2021Series A · 2022-01-31 Raised $6.0M (real) Modeled valuation $75M (est)$6.0M$75MSeries A2022Series A · 2022-12-02 Raised $13M (real) Modeled valuation $121M (est)$13M$121MSeries A2022Series A · 2022-12-28 Raised $368K (real) Modeled valuation $3.3M (est)$368K$3.3MSeries A2022Series A · 2023-03-21 Raised $284K (real) Modeled valuation $2.3M (est)$284K$2.3MSeries A2023+$6.0M+$13M+$368K+$284KCumulative $21M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$1.3M · 2021
Series A$6.0M · 2022
Series A extension$13.4M · 2022
Series A extension$368K · 2022
Series A extension$284K · 2023

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$2.3M
Base estimate est.
$364K
Conservative case
$6.7M
Upside case
$1.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the healthtech sector profile. Directional, not a quoted figure.

Seed · modeled $27.2M · 2021-02-102021Series A · modeled $74.5M · 2022-01-31Series A · modeled $121.2M · 2022-12-02Series A · modeled $3.3M · 2022-12-28Series A · modeled $2.3M · 2023-03-212023
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
52%
Survival probability
28% low · 71% high
1.46×/yr
Annual markup
1.84×/yr upside case
3.3 yr
Elapsed time used
3.3 yr actual, capped for stale marks
healthtech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
6 mo
Avg between rounds
$10.1M/yr
Capital velocity
5.4 yr
On record since
2021
First round
5
Rounds on file
How it compares to the market

Benchmarked against 2138 companies in Healthtech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 4.8× above median
This company$21.3M
Sector median$4.5M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.1× of median
This company$284K
Sector median$5.5M
Modeled value — vs sector median (estimate, all stages) 0.1× of median
This company$2.3M
Sector median$33.8M

Raised more than 81% of sector peers (real $). Modeled value above 16% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #186 of 190.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)Nayya Health, Inc. · Series A Raised $15.0M · modeled $183.1M (est)Nue Life Health Inc. · Series A Raised $18.6M · modeled $182.9M (est)W Health Studio, Inc. · Series A Raised $13.0M · modeled $157.6M (est)Avant-garde Health, Inc. · Series A Raised $16.5M · modeled $155.7M (est)Kinetik Healthcare Solutions, Inc · Series A Raised $19.5M · modeled $138.0M (est)Acclivity Health Solutions, Inc. · Series A Raised $21.4M · modeled $135.1M (est)Midi Health, Inc. · Series A Raised $13.9M · modeled $133.3M (est)Orbi Health, Inc. · Series A Raised $10.7M · modeled $120.0M (est)Levels Health Inc. · Series A Raised $34.0M · modeled $119.5M (est)Phoenix Animal Wellness, Inc. · Series A Raised $15.0M · modeled $115.5M (est)Leda Health Corp · Series A Raised $9.4M · modeled $112.1M (est)Juno Care Systems, Inc. · Series A Raised $10.7M · modeled $111.7M (est)OpenLoop Health, Inc. (this company) Raised $21.3M · modeled $2.3M (est)OpenLoop Health, Inc.
CompanyStageRaised · realValue · estvs peer med.
Nayya Health, Inc.Series A$15.0M$183.1M4.39×
Nue Life Health Inc.Series A$18.6M$182.9M4.38×
W Health Studio, Inc.Series A$13.0M$157.6M3.77×
Avant-garde Health, Inc.Series A$16.5M$155.7M3.73×
Kinetik Healthcare Solutions, IncSeries A$19.5M$138.0M3.31×
Acclivity Health Solutions, Inc.Series A$21.4M$135.1M3.24×
Midi Health, Inc.Series A$13.9M$133.3M3.19×
Orbi Health, Inc.Series A$10.7M$120.0M2.87×
Levels Health Inc.Series A$34.0M$119.5M2.86×
Phoenix Animal Wellness, Inc.Series A$15.0M$115.5M2.77×
Leda Health CorpSeries A$9.4M$112.1M2.68×
Juno Care Systems, Inc.Series A$10.7M$111.7M2.68×
OpenLoop Health, Inc. this companySeries A$21.3M$2.3M0.06×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$1.3M2021-02-10$6.4M$27.2M90%
Series A$6.0M2022-01-31$27.3M$74.5M90%
Series A$13.4M2022-12-02$60.8M$121.2M90%
Series A$368K2022-12-28$1.7M$3.3M90%
Series A$284K2023-03-21$1.3M$2.3M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$1.3M2021-02-10
    • First recorded raise — entered as Seed.
    • 18 investors on this round.
  2. Series A$6.0M2022-01-31
    • Raised 12 mo later, in step with the ~14 mo sector norm.
    • Round 4.7× larger than the prior — scaling up.
    • 3 investors on this round.
  3. Series A$13.4M2022-12-02
    • Raised 10 mo later, in step with the ~14 mo sector norm.
    • Round 2.2× larger than the prior — scaling up.
    • 12 investors on this round.
  4. Series A$368K2022-12-28
    • Came back fast: 1 mo vs the ~14 mo sector norm.
    • Round 36.3× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  5. Series A$284K2023-03-21
    • Came back fast: 3 mo vs the ~14 mo sector norm.
    • Round roughly the size of the prior one.
    • 1 investor on this round.
Intelligence
2023 ~Q3
Modeled next raise · ~6mo cadence
$284K
Modeled next size est.range $284K$454K
0.8×
Last step-up
$10.1M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Richard Ferguson2 other2021-02
Matthew Grossman1 other2021-02
Christian Williams2021-02
Dan Lambert2022-12
Freddie Martignetti2022-12
Frederick Hofheinz2022-01
Jon Lensing2021-02
Pankaj Monga2022-01
Richard Heller2021-02
Registry & provenance

OpenLoop Health, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1847468
SEC CIK
2022
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
G Medical Innovations Holdings Ltd.HealthtechSeries A$20.6M$3.3Msame sector · same stage
KitoTech Medical, Inc.HealthtechSeries A$20.5M$1.0Msame sector · same stage
Vsee Health, Inc.HealthtechSeries A$23.6M$2.7Msame sector · same stage
Intus Care Inc.HealthtechSeries A$25.2M$1.4Msame sector · same stage
Nudj Health, Inc.HealthtechSeries A$16.4M$1.5Msame sector · same stage
WEconnect Health Management SPCHealthtechSeries A$15.9M$1.1Msame sector · same stage
Prosperity Health Partners LLCHealthtechSeries A$15.6M$3.3Msame sector · same stage
Imagen Dental Partners, LlcHealthtechSeries A$33.3M$312Ksame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
HealthLoop, Inc.HealthtechSeries A$189.7M92%
Olio Health, Inc.HealthtechSeries A$22.0M85%
Zocalo Health Inc.HealthtechSeed$20.2M84%
RevOps Health, Inc.HealthtechSeed$10.6M84%
OODA Health, Inc.HealthtechSeries B$755.9M84%
In-House Health, Inc.HealthtechSeries A$29.5M84%
Better Health Technologies Inc.HealthtechSeries A$211.9M83%
Thrive Health Tech, Inc.HealthtechSeries A$16.5M83%
Frequently asked
How much funding has OpenLoop Health, Inc. raised?
OpenLoop Health, Inc. has raised approximately $21.3M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is OpenLoop Health, Inc.'s estimated valuation?
Provath's modeled valuation for OpenLoop Health, Inc. is approximately $2.3M (modeled range $364K–$6.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is OpenLoop Health, Inc. at?
OpenLoop Health, Inc.'s latest modeled financing stage is Series A. Its most recent recorded round closed around Tue Mar 21.
What does OpenLoop Health, Inc. do and where is it based?
OpenLoop Health, Inc. operates in the Healthtech sector, based in DES MOINES.
Explore related

See where OpenLoop Health, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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