Olive logo — Empowering healthcare with AI-driven solutions that boost ef...

Olive

Empowering healthcare with AI-driven solutions that boost efficiency, elevate revenue, and optimize operational effectiveness.

Founded 2012 1001-5000 employees Series H Total: $856.32M Health Care, Information Technology

General Information

Company Name Olive
Founded Year 2012
Employees 1001-5000
Industries Health Care, Information Technology
Funding Stage Series H
Social

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About Olive

Olive, founded in 2012 and based out of Columbus, Ohio, operates at the intersection of Health Care and Information Technology. The company is on a mission to revolutionize healthcare through its AI-driven solutions, as emphasized in its slogan, "Empowering healthcare with AI-driven solutions that boost efficiency, elevate revenue, and optimize operational effectiveness."

By leveraging artificial intelligence specifically tailored for healthcare, Olive enables hospitals and health systems to automate repetitive tasks and workflows. This automation aids in monitoring performance, identifying improvements, and exploring new growth opportunities. The company provides a platform for collective intelligence by integrating shared experiences and global insights, effectively preventing recurring issues within healthcare operations.

In its last investment round, Olive secured a significant $400.00M Series H funding on 01 July 2021, led by Base10 Partners and Vista Equity Partners. The substantial funding underscores investor confidence in Olive's innovative approach and growth potential within the healthcare industry.

Business keywords: AI-driven solutions, process automation, workflow optimization, revenue enhancement, cost reduction, operational efficiency, intelligent automation, real-time intelligence, healthcare systems, utilization management, robotic process automation, prior authorization, collective intelligence

Services & Products

Financial Clearance
Patient Estimation
Coverage Detection
Authorization
Referral Status
Clinical Integrity + Revenue Capture
Claim Management
Denial Prevention + Recovery

Target Customers

Physician and Specialty Practices Ambulatory Surgery Centers Billing Services Clinical Laboratories Durable Medical Equipment Providers Elective Wellness and Specialty Care Fertility and Reproductive Health Federally Qualified Health Centers (FQHC) Home Health and Hospice Skilled Nursing

Funding Rounds & Investors (9)

View All
Funding Stage Amount Investors Lead Investors Date
Series H $400.00M 2
Base10 Partners, Vista Equity Partners
01 Jul 2021
Series G $225.50M 6
Drive Capital, GV +4
01 Dec 2020
Series F $106.00M -
17 Sep 2020
Series E $52.02M -
31 Mar 2020
Series D $32.80M -
30 Jul 2018
Series C $5.00M -
14 Dec 2017
Series C $15.00M -
06 Apr 2016
Series B $15.00M -
13 Apr 2015
Series A $5.00M -
04 Apr 2013

Olive Alternatives & Competitors

View All Alternatives
Olive vs
Itiliti Health
Itiliti Health United States

Payer Solutions For Prior Authorization

Venture round
11 employees
Health Care, Information Technology
Olive vs
Rhyme
Rhyme United States

Eliminating Prior Auth

Venture round
56 employees
Health Care, Information Technology
Olive vs

eSolutions is now part of Waystar. Together, we’re simplifying and unifying healthcare payments.

Private Equity
97 employees
Health Care, IT

FAQ About Olive

Empowering healthcare with AI-driven solutions that boost efficiency, elevate revenue, and optimize operational effectiveness.
Olive was founded in 2012.
Olive operates in Health Care and Information Technology. Its work centres on AI-driven solutions, process automation, workflow optimization and revenue enhancement. Its customers include Physician and Specialty Practices, Ambulatory Surgery Centers and Billing Services.
Olive has approximately 1001-5000 employees.
Olive has completed 9 funding rounds, raising a total of $856.32M. The latest funding stage is Series H.
Olive offers: Financial Clearance, Patient Estimation, Coverage Detection, Authorization, Referral Status, Clinical Integrity + Revenue Capture, Claim Management, Denial Prevention + Recovery, Analytics + Reporting.
Top alternatives and competitors to Olive include Itiliti Health, Rhyme, eSolutions, now part of Waystar, Bookend AI, CenterX. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Olive and Itiliti Health are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Olive, https://bouncewatch.com/company/olive-1, updated 3 April 2026. When citing, please name BounceWatch and link this page.

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