We are proud to announce 8VC Fund VI, with $998 million in new LP capital.
In 2023, the U.S. federal government spent a staggering $1.5 trillion on healthcare, yet Americans are becoming unhealthier by key measures like obesity, maternal mortality, and life expectancy. This unsustainable trajectory not only undermines public health but threatens the fiscal future, with healthcare spending growing faster than the economy and consuming nearly 30% of the federal budget. Despite challenges, the path forward lies in incentivizing innovation, reforming payment structures, liberating healthcare data, and reducing fraud. By fostering a competitive, entrepreneurial healthcare system and embracing cutting-edge technologies like AI, the U.S. has the potential to improve health outcomes while controlling costs and ensuring a brighter, healthier future.
Loop's mission is to simplify logistics payments.
I was a physics major at Davidson College with a CS minor and broadly wanted exposure to tech. Seeing as I was at a liberal arts school, there weren’t a ton of alums in the tech industry so it was more challenging to visualize my path.
Loop is simplifying freight audit and payments by transforming legacy processes with a tech-enabled approach.
