/Companies

Olive

acquired by Waystar Holding

7 known investors

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Olive was a Columbus, Ohio-based healthcare automation company that used AI and robotic process automation to handle administrative tasks like prior authorizations and revenue cycle workflows for hospitals. Once valued at $4 billion, Olive shut down in 2023 and sold parts of its business, including its prior authorization unit to Humata Health and revenue cycle assets to Waystar.

Investors · 7

Also in the syndicate · 1

SVB Capital

Related companies · 4

Companies working in the same space as Olive.

Frequently asked questions

What does Olive do?
Olive was a Columbus, Ohio-based healthcare automation company that used AI and robotic process automation to handle administrative tasks like prior authorizations and revenue cycle workflows for hospitals. Once valued at $4 billion, Olive shut down in 2023 and sold parts of its business, including its prior authorization unit to Humata Health and revenue cycle assets to Waystar.
Who are Olive's investors?
Olive's investors include Drive Capital, LRVHealth, Oak HC/FT, TRANSFORMATION CAPITAL, Ascension Ventures, General Catalyst.
Who acquired Olive?
Olive was acquired by Waystar Holding.