Olive Stock
AI Workforce for Healthcare
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About Olive Stock
Olive deploys the AI workforce built specifically for healthcare, delivering hospitals and health systems increased revenue, reduced costs, and increased capacity. Olive automates repetitive, high-volume tasks and workflows, monitoring their performance, identifying improvements, and finding opportunities for new work. Olive gives power back to providers through her ever-growing, unparalleled intelligence made up of shared memories, collective wisdom, and global awareness, learning like a network so hospitals never have to solve the same problem twice. Olive was founded in 2012 and is headquartered in Columbus, Ohio.
Investors
Ascension Ventures
Dragoneer Investment Group
Flipkart, Databricks, Spotify, Airbnb, Instacart, Chime, DoorDash, UiPath, Lacework, Nubank
Drive Capital
Olive, Greenlight, SonderMind, ApplyBoard, Udacity, Fast Radius, FarmLogs, Root Insurance
General Catalyst Partners
Snap, Jet, Stripe, Anduril Industries, Devoted Health, Lacework, Relativity Space, Oscar Health, Circle, Hopin
GV
Uber, Robinhood, Jet, Impossible Foods, Lacework, Slack, Snyk, SambaNova Systems, DocuSign, Gusto
Healthy Ventures
Khosla Ventures
Instacart, Stripe, DoorDash, Impossible Foods, Palantir Technologies, Commonwealth Fusion, View, Zenefits, Eat Just, Opendoor
NCT Ventures
Oak HC/FT
Devoted Health, Rapyd, Olive, Noom, Cerebral, Cart.com, Maven Clinic, Komodo Health, Paxos, Sendoso
Sequoia Capital Global Equities
Chime, Olive, Clari, Course Hero, Outreach, Benchling, Virta Health
Silicon Valley Bank
One97, Olive, FireEye, Weee!, Workrise, Fair, project44, Plume Design, BetterUp, Welltok
SVB Capital
Opendoor, Olive, Shield AI, Chainalysis, Roofstock, BlueVine, Komodo Health, Workboard, Skillz, Scribd
Tiger Global Management
Flipkart, Delhivery, Ather Energy, Databricks, Grab, Chime, Ola, Quikr, Palantir Technologies, CoinSwitch Kuber
Transformation Capital
Vista Equity Partners
Funding History
April 2013 | $5.0M |
---|---|
April 2015 | $10.1M |
March 2016 | $15.4M |
July 2018 | $48.2M |
March 2020 | $5.3M |
March 2020 | $10.4M |
March 2020 | $36.3M |
March 2020 | $25.0M |
September 2020 | $46.4M |
November 2020 | $228M |
June 2021 | $479M |
Management
Chief Executive Officer
Sean Lane
Chief Financial Officer
Ali Byrd
Chief Technology Officer
David Landreman
Press
news - Nov, 6 2023
Global Venture Funding In October Dips Below 2023 Averagebizjournals - Nov, 4 2023
Olive AI has been sold for parts. Here's what we know about the buyers.news - Nov, 3 2023
The Crunchbase Tech Layoffs Trackercoverager - Nov, 1 2023
Columbus startup Olive shuts down after raising over $850 millionfiercehealthcare - Nov, 1 2023
Once a high-flying 'unicorn,' Olive AI sells two key businesses, winds down operationsthehindubusinessline - Oct, 31 2023
Olive by Embassy forays into hybrid hospitality and leisurebizjournals - Oct, 31 2023
Waystar Technologies to buy portion of shuttering tech unicorn Olive AImercurynews - Oct, 26 2023
Business | Will Ozempic temper consumer hunger for Olive…sandiegouniontribune - Oct, 3 2023
Olivenhainthehindubusinessline - Sep, 19 2023
Olive by Embassy aims to hit profitability in CY 2024bizjournals - Aug, 18 2023
JobsOhio sues Columbus company Olive AI over jobs pledge shortfallprnewswire - Jun, 13 2023
BurstIQ Acquires Business Intelligence Platform from Olive AIloom - Apr, 12 2023
Availity picks up Olive AI's payer-facing business as automation startup shifts focus to RCM solutionsbizjournals - Apr, 12 2023
Florida company picks up business unit from Olive AImobihealthnews - Apr, 12 2023
Olive to sell payer utilization management tool to Availitybusinesswire - Apr, 10 2023
Availity to Acquire Utilization Management Solution and Business Unit from Olivebizjournals - Feb, 10 2023
Olive AI cuts 215 jobs as tech and healthcare industries strugglebioworld - Dec, 13 2022
Olive seeking $10M in A round for urine analysis systembizjournals - Oct, 13 2022
Olive AI plans to divest tech representing 3% of sales to sister companyzpr - Oct, 11 2022
olive.ca Now Offering Mechanical Breakdown Insurance in Canadafiercehealthcare - Oct, 1 2022
Chutes & Ladders—Olive AI loses CFO, CPO, president of health insurer markets following summer layoffsbizjournals - Sep, 29 2022
Olive AI CFO, product chief, other top execs have left two months after 450 job cutsaxios - Sep, 27 2022
Scoop: Health startup Olive fires CFO and CPOTechCrunch - Sep, 16 2022
Reusable packaging startup Olive creates new model to keep clothes out of landfillsadweek - Sep, 16 2022
Olive Branches Out to the B2B World With Relaunchbizj - Jul, 19 2022
Columbus-based tech unicorn Olive cutting 450 jobsaxios - Jul, 19 2022
Olive AI lays off 450healthcareitnews - Jul, 1 2022
Olive launches new revenue cycle automation suiteprnewswire - Jun, 27 2022
Olive Unveils New Solution to Automate the Revenue Cycle Management Processbizjournals - Jun, 11 2022
Olive AI hits pause on hiring, but plans for Worthington HQ still ontrib - Jun, 5 2022
Olive sheds more top talentTechCrunch - Jun, 5 2022
How Olive pivoted 27 times on its way to a 4 billion valuationprnewswire - May, 28 2022
Olive Receives KLAS Payer/Provider Points of Light Recognitionaxios - May, 6 2022
Olive sees high-level staff departuresbizjournals - May, 5 2022
Olive spinout Circulo only vendor making a play for Ohio Medicaid AI projectnews - Apr, 25 2022
The Olive Corporation Could Be the Next Big Thing in Crypto, the Metaverse and the Food Sectorbizjournals - Apr, 18 2022
Canadian tech firm Olive picks Chicago for US expansionaxios - Apr, 6 2022
$4 billion health tech startup Olive overpromises and underdeliversengt - Apr, 6 2022
The Olive Max 2-in-1 hearing aids come with adaptive hearing techtrib - Apr, 6 2022
Buzzy health startup Olive fails to deliver on lofty promisesbizjournals - Apr, 4 2022
Olive AI revitalizing long-vacant former Anthem HQ in Worthington as 'convening' spaceprnewswire - Mar, 8 2022
Olive Extends Platform Strategy with New Capabilities to Accelerate the Internet of Healthcareprnewswire - Feb, 23 2022
TransformativeMed Launches the CORES Intelligent Care Platform on The Olive Librarybusinesswire - Feb, 15 2022
Rotera Partners with Olive Helps to Develop AI Solutions for Healthcare Providers and Tech Companiesoliveai - Feb, 15 2022
Olive Announces Winners of Hack for Health Developer Contestmobihealthnews - Feb, 15 2022
Olive launches in-house studio to boost digital health startupsjewishbusinessnews - Feb, 5 2022
Olive’s home urinalysis device provides early detection of diseases at homeprnewswire - Jan, 31 2022
Olive Announces Winners of Hack for Health Developer Contestnews - Nov, 12 2021
Ohio’s Venture Funding Scene Has Taken Offow - Oct, 28 2021
Olive Group Limited and Next Stage Partners Join Forces to Deliver Financial Empowerment as a Service in the USbuff - Oct, 22 2021
SD Times news digest: Data safety in Google Play Console; Developer portal for Teams now available; Olive launches app store for healthcarebuff - Oct, 19 2021
Olive Helps wants developers to build out healthcare apps on its platformtechnical - Oct, 19 2021
Olive adds software team from Hunt Valley-based ByteLionbizjournals - Sep, 29 2021
Columbus unicorn Olive AI passes 1,000 employees nationwide, hiring 300 moredlvr - Sep, 16 2021
Sustainable Package-Free Shipping Startup Olive Moves Into Beauty Spacefiercehealthcare - Aug, 30 2021
Olive launches an in-house studio to help boost digital health innovationsbizjournals - Aug, 29 2021
Columbus unicorn Olive AI now nurturing other startups to spin outtrib - Aug, 29 2021
Healthcare automation company Olive launches venture studioeconomictimes - Aug, 24 2021
Thanks for all the baos: Chef Manu Chandra, Chetan Rampal bid adieu to Olivefiercehealthcare - Aug, 4 2021
Health tech funding snapshot—b.well nabs $32M to build out healthcare’s digital front door; Olive rakes in $400Mow - Jul, 28 2021
Olive Appoints Industry-Leading Growth Strategist Eileen Naughton to its Board of Directorshubs - Jul, 17 2021
Flashback Minis: Silver Pheasantsnews - Jul, 14 2021
Yup, Another Crazy Record-Breaking North American Venture Tallyaithority - Jul, 10 2021
Olive Debuts Products Aimed at Transforming Healthcare Through Automationbeckershospitalreview - Jul, 7 2021
5 healthcare AI deals made in 2021medcitynews - Jul, 2 2021
Olive passes $4B valuation with new funding roundmobihealthnews - Jul, 2 2021
Healthcare automation startup Olive scores $400Maltassets - Jul, 2 2021
Vista Equity Partners boosts Olive’s valuation to $4bn, a 1.6x increase in just six monthsdlvr - Jul, 1 2021
Vista leads $400m round for Olivethemiddlemarket - Jul, 1 2021
Healthcare Tech Firm Olive Valued at $4B After Vista Roundbizj - Jul, 1 2021
Olive AI valued at $4B after raising another $400M in VC, shattering state recordsprlog - Jun, 1 2021
ScaleHealth Officially Announces Partnership with Oliveneurons - May, 11 2021
TriHealth partners with Olive to implement AI command centeraithority - May, 4 2021
WVU Medicine Scales Olive’s AI Workforceaithority - Apr, 21 2021
Olive Enters the Operating Room With Empiric Health Acquisitionaithority - Apr, 16 2021
CHIME And HLTH Announce Launch Of ViVE, The New Digital Health Industry Eventneurons - Apr, 15 2021
Olive acquires Intermountain’s AI clinical analytics spinoffbdaily - Apr, 14 2021
The Importance of Being You When it Comes to Your Business and Brandingbuffalonews - Apr, 4 2021
Olive Oresta BURCHbit - Feb, 23 2021
Circulo receives $50m to support the creation of its platformbizj - Feb, 19 2021
Olive founder Sean Lane raises $50M to start Medicaid managed care companynatefaust - Feb, 18 2021
Introducing Oliverealdeals - Feb, 15 2021
BGF exits cloud providerthebusinessjournal - Jan, 26 2021
‘Motel Drive’ prepares for new chapter under Project HomeKeyprweb - Jan, 25 2021
Adaptrack Becomes the First Olive Helps Partner, Launching Balance Loopaithority - Jan, 22 2021
Empiric Health and Olive Announce Partnership to Reduce Clinical Variation with AIbizj - Jan, 22 2021
Growing the VC treenanalyze - Dec, 20 2020
AI Startup Olive Specializes in RPA for Healthcaresyracuse - Dec, 19 2020
Onondaga County restaurant inspections: See 27 that had no violationsbit - Dec, 15 2020
Olive Closes $225 Million Financing, Acquires Verata Healthtechblogwriter - Dec, 7 2020
1418: Olive Cybernetics Division – Smart and Independent AIbuff - Dec, 4 2020
AI startup Olive raises $225M, acquires Verata Health to address prior authorizationpulse2 - Dec, 4 2020
Olive: $225.5 Million And $1.5 Billion Valuationbizjournals - Dec, 4 2020
Bloomington health care AI startup acquired by newly-minted Ohio unicornblog - Dec, 4 2020
Columbus-based Olive hits Midwest Unicorn Statuscoverager - Dec, 3 2020
Olive acquires Verata Healthtechrseries - Dec, 3 2020
Olive Acquires Verata Health to Accelerate Artificial Intelligence Technology For Healthcare Providers and Payersift - Dec, 2 2020
Olive Scores $226M Round At $1.5B Valuecoverager - Dec, 2 2020
Olive raises $225.5 millionnews - Dec, 2 2020
Olive Brings In $225.5M To Become Unicornmobihealthnews - Dec, 1 2020
Administrative task automation unicorn Olive adds $225.5M to its impressive year of fundraisingtechrseries - Dec, 1 2020
Olive Attracts Additional $225.5MM Investment to Fast-Track AI Workforce For HealthcareEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
Some data provided by Crunchbase