Olive AI Raises $400M in Series H

Olive AI has successfully raised $400M in a Series H at a $4B valuation led by Vista Equity Partners, Tiger Global.

Company Overview

Olive AI is a HealthTech company headquartered in Columbus, OH, founded in 2012 with 800+ employees.

Healthcare automation and AI platform

Fundraising Details

Amount Raised: $400M
Round Type: Series H
Valuation: $4B
Date: 2021-07-29
Investors: Vista Equity Partners, Tiger Global

About Olive AI

Healthcare automation and AI platform The company is positioned in the HealthTech sector, serving a growing market with innovative solutions.

Key Information

Headquarters: Columbus, OH
Founded: 2012
Team Size: 800+
Industry: HealthTech

What This Means

This funding round demonstrates strong investor confidence in Olive AI's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The HealthTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Olive AI's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $4B valuation marks an important milestone for Olive AI, positioning the company among notable players in the HealthTech industry.

Looking Ahead

With this new capital, Olive AI is well-positioned to execute on its growth strategy and continue building innovative solutions in the HealthTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2021-07-29. For more information about Olive AI, visit their headquarters at Columbus, OH.