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Olive: Raises $106M in Funding | Fintech InShorts: Latest fintech news, analysis by experts

Less than 1 min.Read

Olive: Raises $106M in Funding

By Steve Sam

September 18, 2020

Olive, a Columbus, OH-based healthcare AI workforce company, secured $106m in financing
The round was led by an equity investment from General Catalyst and Drive Capital, along with Ascension Ventures, Oak HC/FT and SVB Capital
Then the company, which has raised over $220m to date, intends to use the funds to continue to expand operations and its business reach
Olive works as an extension of human workforce for hospitals and healthcare systems to automate tasks across departments
Its AI workforce has adopted by over 600 hospitals, including 22% of the top 100 health systems in the country
Then the company has a team of over 360 employees

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