Olive was a healthcare AI and robotic process automation (RPA) company that deployed intelligent automation workflows for healthcare revenue cycle management, prior authorization, eligibility verification, and claims processing. Founded in 2012 as CrossChx and pivoted to healthcare automation in 2017, Olive achieved a $4 billion valuation in July 2021 before ceasing operations in October 2023.
Olive has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2012
Employees
500–600
Total Funding
$676.5M
4 rounds
Latest Valuation
$4B
Jul 21, 2021
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Total raised $676.5M across 4 rounds
Last updated 06-25-2026
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| Jul 21, 2021 | Series H Press release | $400M | $4B | Vista Equity Partners, Base10 Partners, Tiger Global |
| Nov 17, 2020 | Series F Press release | $225.5M | $1.5B | Tiger Global Management |
| Jul 1, 2020 | Series E | $51M | — | General Catalyst |
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Entry · Series F
$1.5B
Nov 2020
Olive today
$4B
Jul 2021 · latest mark
Olive multiple
2.7x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Sean Lane
Founder & CEO
David Landreman
Chief Technology Officer
Brian Rutkowski
Chief Administrative Officer
Competitor list is illustrative and may be incomplete, stale, or erroneous.
UiPath
Leading RPA (Robotic Process Automation) platform serving multiple industries including healthcare with general-purpose workflow automation
Waystar
Healthcare revenue cycle management and automation platform that acquired Olive's clearinghouse and patient access businesses in 2023
R1 RCM
Revenue cycle management services and automation for healthcare organizations
Automation Anywhere
Enterprise RPA platform offering intelligent document processing and workflow automation across industries
Epic
Healthcare EHR system with native automation capabilities for healthcare workflows
Cerner
Healthcare IT and EHR platform with integrated automation tools for hospital operations
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