FinTechFunding

Olive: Raises $106M in Funding

  • Olive, a Columbus, OH-based healthcare AI workforce company, secured $106m in financing
  • The round was led by an equity investment from General Catalyst and Drive Capital, along with Ascension Ventures, Oak HC/FT and SVB Capital
  • Then the company, which has raised over $220m to date, intends to use the funds to continue to expand operations and its business reach
  • Olive works as an extension of human workforce for hospitals and healthcare systems to automate tasks across departments
  • Its AI workforce has adopted by over 600 hospitals, including 22% of the top 100 health systems in the country
  • Then the company has a team of over 360 employees
Previous article
Affirm: Raises $500M Series G Round
Next article
Splitit: Closes $10M SPP with $89.5M in applications
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

FinTech

NatWest Group Strengthens Free Investment Guidance Programme

New initiative aims to educate more customers on investing.Highlights: NatWest Group expands free investment guidance programme.Initiative targets educating...
FinTech

Tether Launches New Stablecoin Wallet to Enhance User Experience

This innovative platform aims to improve accessibility for crypto users.Highlights: Tether has introduced a new stablecoin wallet.The wallet...
FinTech

FCA Strengthens Money Laundering Combat with Synthetic Dataset

New collaboration aims to enhance detection capabilities against financial crime.Highlights: FCA partners with Turing Institute to combat money...
FinTech

Spektr Strengthens Compliance Efforts with $20M Funding

Fintech startup Spektr secures $20 million for AI-driven compliance solutions.Highlights: Spektr raises $20 million to enhance its AI...