Olive Raises $400M in Funding; Valued at $4 Billion
- Olive, a Columbus, OH-based automation company creating the Internet of Healthcare, closed a $400m funding round, bringing the company to a $4 billion valuation
- The round was led by Vista Equity Partners with participation from the Base10 Partners Advancement Initiative
- The company, which has now secured $902m since inception in 2012, intends to use the funds to further scale product development
- The company provides an AI workforce that connects patients, providers and payers to automate workflows and support human workforces
- The company enhanced its position in the clinical intelligence space with its acquisition of Empiric Health and accelerated the provider payments process with Olive Assures
- The company’s enterprise AI is now in place at more than 900 hospitals in over 40 U.S. states
