Olive
AcquiredAutomation and intelligence to bridge the divide in healthcare.
Columbus, United States · Founded 2012 · $658.3M raised
- Headquarters
- Columbus, Ohio
- Employees
- 1001–5000
- Founded
- 2012
- Business Model
- B2B
- Website
- olive.is
- Total Funding
- $658.3M
- Last Round
- $32.8M Series DJan 2022
- Rounds
- 3
About
Olive was a healthcare AI company that deployed automation and intelligence across hospital and health system revenue cycle operations, including utilization management, prior authorization, and robotic process automation. Founded in 2012 as CrossChx and headquartered in Columbus, Ohio, Olive raised over $900 million and grew to over 1,000 employees before selling off its product lines in 2023—including its payer utilization management tool to Availity—effectively winding down as an independent company. Its LinkedIn page now redirects to Waystar, the company that acquired portions of its business.
Summary
Olive is an Artificial Intelligence company based in Columbus, United States, founded in 2012. It has raised $658.3M in total across 3 rounds, most recently a $32.8M Series D round in Jan 2022. Investors include Oak HC/FT, Ascension Ventures and Vista Equity Partners.
Tech & App Stack
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Funding History
Jan 2022
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Venture Round through Series D — per-round amounts, valuations, and who invested in each round.
Investors
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