Olive

Olive is an AI-based workflow automation platform that offers revenue cycle, clinical administration and HR solutions for the healthcare industry. Read more

366 Followers on Owler
366 Followers on Owler
366 Followers on Owler
366 Followers on Owler

Olive

Olive is an AI-based workflow automation platform that offers revenue cycle, clinical administration and HR solutions for the healthcare industry. Read more

Sean Lane's photo - Founder & CEO of Olive

Founder & CEO

Sean Lane

CEO Approval Rating

87/100

Founded:

2012

Status:

PrivateIndependent Company

OLIVE TOP COMPETITORS OR ALTERNATIVES

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COMPANY

CEO

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Notable is the biggest rival of Olive. Notable is headquartered in San Mateo, California, and was founded in 2017. Like Olive, Notable also operates in the Electronic Health Record (EHR) space. Notable generates 2.63% the revenue of Olive.

CloudMedx is Olive's #2 competitor. CloudMedx is a Private company that was founded in Palo Alto, California in 2014. CloudMedx is in the Health Care Technology field. CloudMedx has 460 fewer employees vs. Olive.

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Growth Score - 1/1

Is 500 a good estimate for Olive's Employee count?

Olive Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Empiric Health, Inc.

Apr 2021

Source »
undisclosed
Empiric Health is a Utah-based clinical analytics company that provides physician engagement, nursing documentation and related services for the healthcare industry.

These are all the companies that Olive has acquired. Olive's latest acquisition was Empiric Health, Inc. in Apr 2021. Empiric Health is a Utah-based clinical analytics company that provides physician engagement, nursing documentation and related services for the healthcare industry.

Olive Funding History

Since Olive was founded in 2012, it has participated in 8 rounds of funding. In total Olive has raised $460.3M. Olive's last funding round was on Nov 2020 for a total of $225.5M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Venture Round
Nov 2020
$225.5M

Tiger Global

Series F
Sep 2020
$106M
Series E
Mar 2020
$52M
Series D
Jul 2018
$32.8M
Debt
May 2017
$8.5M

Since Olive was founded in 2012, it has participated in 8 rounds of funding. In total Olive has raised $460.3M. Olive's last funding round was on Nov 2020 for a total of $225.5M

Olive Investments

No recent investments found related to Olive

These are all the companies that Olive has invested in. Olive's latest investment was Empiric Health, Inc. in Apr 2021. Empiric Health is a Utah-based clinical analytics company that provides physician engagement, nursing documentation and related services for the healthcare industry.

Olive News

April 12, 2021The Business Journals: Columbus Business First

Olive AI software enters operating room through acquisition

Olive AI Inc. has made its second acquisition in five months.... See more »
March 15, 2021Markets Insider

Olive Health Technology and blm Enter Strategic Partnership to Augment Mental Health Services

HONG KONG, March 15, 2021 /PRNewswire/ -- Olive Health Technology has collaborated with blüüm, an int... See more »
February 22, 2021The Business Journals: Baltimore

This IT company has seen big growth since forgoing a traditional office model -- and it started in Baltimore

Olive AI announced in May it was adopting a new distributed workforce model it calls "The Grid."... See more »
February 18, 2021The Business Journals: Columbus Business First

Olive founder Sean Lane raises $50M to start Medicaid managed care company

Circulo will be built using Olive's automation, data analytics and artificial intelligence but is a s... See more »
January 14, 2021Global Legal Chronicle

Olive's $225.5 Million Financing Round

Cooley LLP advised Olive on the deal. Healthcare software company Olive announced its $225.5 million ... See more »
December 4, 2020Beckers Hospital Review

5 details

Olive Blogs

January 11, 2021Olive AI, Inc. Blog

The Healthcare Guide to Scaling Automation

Automation opportunities exist across every level of a health system, and with them is the potential ... See more »
December 22, 2020Olive AI, Inc. Blog

7 Tips to Champion an AI Initiative at your Healthcare Organization

You're ready for AI and automation at your health system - but is the rest of your organization? Arti... See more »
December 14, 2020Olive AI, Inc. Blog

5 Trends with AI and the Healthcare Supply Chain

AI and automation are a growing presence in healthcare - including the hospital supply chain. Chris C... See more »
November 29, 2020Olive Blog

Incentivizing Performance: How AI-as-a-Service Aligns Incentives to Drive the Best Results

The shift from fee-for-service (volume as priority) to value-based care (value as priority) has been ... See more »
November 24, 2020Olive Blog

Why Leading Health Systems are Choosing an AlphaSite to Accelerate AI Impact

How do you implement AI to transform your organization enterprise-wide? That's the question healthcar... See more »
November 19, 2020Olive Blog

Investing for Enterprise Impact: How Yale New Haven Health is Scaling AI with Olive

At CHIME20's Digital Recharge event, Olive's National Strategic Lead Matt Kalina sat down with Lisa S... See more »
November 18, 2020Olive Blog

Olive Acquires Verata Health to Solve Healthcare's $31B Prior Authorization Problem

Combined Solution Pioneers First End-to-End AI-Powered Prior Authorization Offering for Providers and... See more »

Olive Press Releases

September 17, 2020PR Newswire

Olive Adds $106MM to Transform Healthcare Payments with AI Workforce

U.S.A., Sept. 17, 2020 /PRNewswire/ -- Olive continues to expand its healthcare AI workforce, announc... See more »
July 29, 2020GlobalNewswire

Verata Health and Olive Join Forces to Solve $31B Prior Authorization Issue

Two of healthcare's top artificial intelligence companies form strategic partnership to solve prior a... See more »
March 12, 2020centralcharts

Nearly Two-Thirds of Hospitals to Implement Automation in Next Two Years

COLUMBUS, Ohio, March 12, 2020 (GLOBE NEWSWIRE) -- The cost of care continues to rise across the coun... See more »
October 28, 2019centralcharts

AI-Powered Digital Employee Prevents Automation Downtime for Hospitals

COLUMBUS, Ohio, Oct. 28, 2019 (GLOBE NEWSWIRE) -- Hospitals and healthcare systems continue adoption ... See more »
September 26, 2019centralcharts

Olive Set to Achieve Record Growth in 2019, Digital Employee Hired at More Than 500 Hospitals

COLUMBUS, Ohio, Sept. 26, 2019 (GLOBE NEWSWIRE) -- Cost and complexity of healthcare continues to ris... See more »
November 19, 2015PRWEB

CrossChx Identity Resolution Coalition Signs 200th Hospital, Verifying Over 33M Patient Profiles To Date

CIRC's global patient identity network now larger than any single health system in the US(PRWeb Novem... See more »

Olive Videos

Social Media

Olive Headquarters

99 East Main Street

Columbus, Ohio43215

800-501-3161

Driving Directions »

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Olive Summary

ABOUT

Overview

Olive is an AI-based workflow automation platform that offers revenue cycle, clinical administration and HR solutions for the healthcare industry. Olive was founded in 2012. Olive's headquarters is located in Columbus, Ohio, USA 43215. It has raised 4...

CEO

Olive's Founder & CEO, Sean Lane, currently has an approval rating of 87%. Olive's primary competitors are Notable, CloudMedx & Alpha Health.

Website

oliveai.com

Frequently Asked Questions about Olive

  1. When was Olive founded?

    Olive was founded in 2012
  2. Who is Olive's CEO?

    Olive's CEO is Sean Lane
  3. How much revenue does Olive generate?

    Olive generates $38M in revenue
  4. How much funding does Olive have?

    Olive has historically raised $460.3M in funding
  1. Where is Olive's headquarters?

    Olive's headquarters is in Columbus Ohio, USA
  2. How many employees does Olive have?

    Olive has 500 employees
  3. What sector does Olive operate in?

    Olive is in Internet Software, Artificial Intelligence (AI), Electronic Health Record (EHR)
  4. Who are Olive's competitors?

    Olive's top competitors are Notable, CloudMedx, Alpha Health