When was Olive founded?

Olive was founded in 2012 and became a unicorn in 2020, reaching the milestone in 8 years. It raised its 1st funding round 1 year after its incorporation.

Where is Olive located?

Olive is headquartered in Columbus, United States. It is registered at Columbus, Ohio.

How many employees does Olive have?

As of May 31, 2026, the latest employee count at Olive is 759.

Is Olive a funded company?

Olive is a funded company, having raised a total of $902M across 10 funding rounds to date. The company's 1st funding round was a $5M Series A round, raised on Aug 12, 2013.

How much is Olive worth?

The latest valuation of Olive is $4B as of Jul 01, 2021.

When was the latest funding round of Olive?

Olive's latest funding was a $400M Series H round on Jul 01, 2021, with participation from 3 investors.

Is Olive a Healthcare IT company?

The primary sector of Olive is Healthcare IT.

Where does Olive rank among its competitors?

Olive ranks 14th amongst 993 active competitors, of which 91 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Confido Health, which secured $10M in Aug, 2025.

Who are the top competitors of Olive?

Olive's top competitors include athenahealth, Electronic Care Corp and MedeAnalytics. Among them, Confido Health secured the most recent funding round in August, 2025.

Olive - 2026 Company Profile, Team, Funding & Competitors

Olive is a series H company based in Columbus (United States), founded in 2012 by Sean Lane and Brad Mascho. It operates as a Provider of AI-based platform for administrative solutions. Olive has raised $902M in funding from investors like General Catalyst, Drive Capital and Oak HC/FT, with a current valuation of $4B. The company has 993 active competitors, including 91 funded and 73 that have exited. Its top competitors include companies like athenahealth, Electronic Care Corp and MedeAnalytics.

Sectors and market segments that Olive operate in

Olive serves in the HealthTech market segments.The primary business model of Olive is:

HealthTech > Healthcare IT > ***** **** > ***** ******

Company Details

Provider of AI-based platform for administrative solutions. The AI-based platform enables organizations to perform eligibility checks, unadjudicated claims, code matching, and data migrations to optimize administrative errors. The platform also offers solutions to manage customers' efficiency, reduce risk, staff productivity, cost expenses, and investments.

Website: oliveai.com
Social
Email ID: *****@oliveai.com
Phone Number: +1 **********
Part Of
Registered Address: Columbus, Ohio

Key Metrics

Founded Year

2012

Location

Columbus, United States

Stage

Series H

Total Funding

$902M in 10 rounds

Latest Funding Round

Series H, Jul 01, 2021, $400M

Post Money Valuation

$4B as on Jul 01, 2021

Investors

General Catalyst & 24 more

Ranked

14^th among 993 active competitors

Employee Count

759 as on May 31, 2026

Investment & Acquisitions

Healthcare IP & 2 more

Similar Companies

athenahealth & 1295 more

View Olive's full profile

Olive is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CROSSCHX, INC. CIN: 464455633 , United States, Active	Dec 31, 1999	-	659 (As on Dec 31, 2022)	-

Olive has raised a total funding of $902M over 10 rounds. Its first funding round was on Aug 12, 2013. Its latest funding round was a Series H round on Jul 01, 2021 for $400M. 3 investors participated in its latest round. Olive has 25 institutional investors.

Here is the list of recent funding rounds of Olive:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 01, 2021	$400M	Series H	$4B	-	Vista Equity Partners	Base10 Partners, Tiger Global Management
Dec 01, 2020	$226M	Series G	-	-	Tiger Global Management	General Catalyst, Drive Capital, SVB, Google Ventures, Dragoneer Investment Group, Transformation Capital, Sequoia Capital
Sep 17, 2020	$106M	Series F	-	-	General Catalyst, Drive Capital, Oak HC/FT	Ascension Ventures, SVB Capital

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View details of Olive's funding rounds and investors

The founders of Olive are Sean Lane and Brad Mascho.

Here are the details of Olive's key team members:

Sean Lane: Former Co-Founder of Olive and founder of 1 other company.
Brad Mascho: Co-Founder of Olive.

View details of Olive's Founder profiles and Board Members

Olive's employee count trend

Olive has 759 employees as of May 26. Here is Olive's employee count trend over the years:

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Top competitors of Olive include athenahealth, Electronic Care Corp and MedeAnalytics. Here is the list of Top 10 competitors of Olive, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	athenahealth 1997, Watertown (United States), Acquired	Cloud-based administrative tool for healthcare providers	$49.1M	Ares Capital Corporation, Owl Capital Group ... & 11 others	86/100
2nd	Electronic Care Corp 1999, United States, Acquired	Cloud-based administrative suite solutions for healthcare providers	$159M	Intel, Tenaya Capital & 12 others	77/100
3rd	MedeAnalytics 1994, Richardson (United States), Acquired	Healthcare data analytics and AI solutions for improved patient care	$57M	Harvest Growth Capital, Silversmith Capital Partners ... & 7 others	70/100
4th	Infinitus 2019, San Francisco (United States), Series C	Developer of AI agents for automating healthcare-related phone calls and tasks	$103M	Kleiner Perkins, Google Ventures & 8 others	63/100
5th	Synthpop 2023, Cambridge (United States), Series A	AI-powered clinical management software	$25.8M	Peterson Ventures, Ansa & 11 others	63/100
6th	Notable 2017, San Mateo (United States), Series B	Provider of a wearable device for capturing patient-doctor interaction	$116M	Oak HC/FT, F-Prime Capital & 7 others	62/100
7th	HealthTrust 1999, Nashville (United States), Unfunded	Digital administrative tasks management tool for providers	-	-	62/100
8th	Confido Health 2022, Jersey City (United States), Series A	AI agents for healthcare administrative task automation and support	$13.2M	Blume Venture, Together & 9 others	61/100
9th	Authenticx 2018, Carmel (United States), Series B	AI-based disease diagnosis tool for providers	$29.8M	Blue Heron Capital, Signal Peak & 9 others	61/100
10th	Helium Health 2015, Lekki (Nigeria), Series B	Provider of software for EMR	$42.2M	Google, Greenhouse Capital Partners & 33 others	60/100
14th	Olive 2012, Columbus (United States), Series H	Provider of AI-based platform for administrative solutions	$902M	Dragoneer Investment Group, Tiger Global Management ... & 23 others	58/100

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Olive has acquired 3 companies including Healthcare IP, Empiric Health and Verata Health. Olive has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Aug 10, 2021	Acquisition	Healthcare IP	2013	Edmond (United States)
Apr 13, 2021	Acquisition	Empiric Health	2017	Salt Lake City (United States)
Dec 03, 2020	Acquisition	Verata Health	2017	Minneapolis (United States)