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Olive Reaches $4B Valuation With $400M Of Capital Led By Robert F. Smith's Vista Equity Partners

Olive just hit a major milestone with the help of billionaire Robert F. Smith’s Vista Equity Partners. According to PR Newswire , The automation company known for creating the Internet of Healthcare has announced that it has closed a $400 million funding round which brings the company to a $4 billion valuation. In a round led by Vista Equity Partners (Vista) along with an additional investment from the Base10 Partners Advancement Initiative, Olive is well on its way to changing the world. Olive will contribute to scholarship and financial aid awards for America’s Historically Black Colleges and Universities as a Base10 Advancement Initiative portfolio company. The awards will become known as The Olive Scholarship. The company’s current Artificial Intelligence (AI) workforce connects patients, providers, and payers in an effort to automate burdensome workflows and support human workforces at the same time. It has been a pioneer for the digital transformation of healthcare. “Olive is...

Jul 1, 2021