Olive AI

formerly OliveClosed

The automation company creating the Internet of Healthcare

Columbus, United States · Founded 2012 · $709.3M raised

Headquarters
Columbus, Ohio
Employees
501–1000
Founded
2012
Business Model
B2B
Total Funding
$709.3M
Last Round
$32.8M Series DJan 2022
Rounds
7

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

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 $709.3M in total across 7 rounds, most recently a $32.8M Series D round in Jan 2022. Investors include General Catalyst, Oak HC/FT and Ascension Ventures.

Tech & App Stack

11 technologies & apps tracked

Every product and vendor across these categories, with where each signal came from.

Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.

Funding History

Series DSeries DJan 2022
$32.8M

Sign up to see all 7 events

Funding: Seed through Series D. Amounts, valuations, and investors where available.

Investors

Similar Companies

Devoted Health

Next-gen Medicare Advantage insurance plan with AI-forward medical group delivering quality and s...

Waltham, United States1001–5000Artificial Intelligence, Healthcare
Series FTotal funding$3.8BJan 2026
Verily Life Sciences

Verily builds AI-native precision health platforms that help healthcare organizations harmonize d...

Dallas, United States1001–5000Artificial Intelligence, Healthcare
Corporate RoundTotal funding$3.0BMar 2026
OpenAI

OpenAI is an AI research and deployment company dedicated to ensuring that general-purpose artifi...

San Francisco, United States5001–10000Artificial Intelligence, Generative AI
Corporate RoundTotal funding$179.6BMar 2026
Anthropic

Anthropic develops reliable, interpretable, and steerable AI systems, translating frontier safety...

San Francisco, United States1001–5000Artificial Intelligence, Generative AI
Series G+Total funding$123.7BMay 2026
xAI

xAI builds AI systems, including Grok, with frontier reasoning, voice, and generative media capab...

San Francisco, United States201–500Artificial Intelligence, Generative AI
Series ETotal funding$47.4BJan 2026
Waymo

Waymo is an autonomous driving technology company with a mission to make it safe and easy for peo...

Mountain View, United States1001–5000Artificial Intelligence, Autonomous Vehicles
Venture RoundTotal funding$29.6BFeb 2026

Your company? Embed this profile

Add the live badge to your site — it stays current as your funding data updates.

Olive AI on Indexed.vc
<a href="https://indexed.vc/companies/olive-ai"><img src="https://indexed.vc/api/badge/company/olive-ai" alt="Olive AI on Indexed.vc" width="260" height="76" /></a>