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
Tiger Global Management
Flipkart, Delhivery, BharatPe, Databricks, Ather Energy, Grab, Chime, Ola, Relativity Space, Quikr
General Catalyst Partners
Snap, Jet, Stripe, Anduril Industries, Relativity Space, Devoted Health, Lacework, Oscar Health, Circle, Hopin
Khosla Ventures
Instacart, Stripe, DoorDash, Impossible Foods, Palantir Technologies, Commonwealth Fusion, View, Zenefits, Eat Just, Opendoor
Vista Equity Partners
Reliance Jio, Olive, Outreach, FLASH, Menlo Security, Meltwater
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 operations