Olive AI

Closed

The automation company creating the Internet of Healthcare

Columbus, United States · Founded 2012 · $676.5M raised

Headquarters
Columbus, Ohio
Employees
501–1000
Founded
2012
Business Model
B2B
Total Funding
$676.5M
Last Round
$400.0M Venture RoundJan 2022
Rounds
6

About

Olive AI was a Columbus, Ohio-based healthcare technology company founded in 2012 that built AI-powered automation for healthcare operations. The platform connected disparate healthcare systems to automate repetitive administrative tasks including revenue cycle management, prior authorization, and eligibility verification. Once valued at $4 billion, Olive announced it would shut down in October 2023 after selling its remaining product lines to Waystar and Humata Health.

Summary

Olive AI is an Artificial Intelligence company based in Columbus, United States, founded in 2012. It has raised $676.5M in total across 6 rounds, most recently a $400.0M Venture Round round in Jan 2022. Investors include General Catalyst, Tiger Global and Vista Equity Partners.

Tech & App Stack

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Funding History

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Venture RoundAdditional FundingJan 2022

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