Olive has completed a $33.2 million Series D financing to build the Internet of Healthcare using Artificial Intelligence and Process Automation. The round was led by Ascension Ventures and Oak HC/FT.
Ascension Ventures is a strategic healthcare investment firm with four funds and more than $800 million in capital under management. The firm was launched in 2001 by Ascension, the nation’s largest Catholic and non-profit health system, and today invests on behalf of thirteen of the nation’s leading community health systems. These health system limited partners collectively operate 474 hospitals, have 578,000 employees and generate $88 billion in annual revenue. AV collaborates with these partners to identify, invest in, and support strategically aligned private companies that are transforming the healthcare industry and enhancing the experience for patients, their families, and caregivers.
Founded in 2014, Oak HC/FT is the premier venture growth-equity fund investing in Healthcare Information & Services (“HC”) and Financial Services Technology (“FT”). With $1.1 billion in assets under management, we are focused on driving transformation in these industries by providing entrepreneurs and companies with strategic counsel, board-level participation, business plan execution and access to our extensive network of industry leaders. Oak HC/FT is headquartered in Greenwich, CT with offices in Boston and San Francisco.
Khosla Ventures provides venture assistance and strategic advice to entrepreneurs working on breakthrough technologies. The firm was founded in 2004 by Vinod Khosla, co-founder of Sun Microsystems. With over four billion dollars under management, the firm focuses on a broad range of areas including consumer, enterprise, education, advertising, financial services, semiconductors, health, big data, agriculture/food, sustainable energy and robotics. Khosla Ventures is headquartered in Menlo Park, Calif.
Located in Columbus, Ohio, NCT is a Midwest focused venture capital firm that backs seed and early stage technology companies disrupting major industries. NCT typically invests $250k to $1 million in early rounds, and joins growth rounds as portfolio companies scale. With over 20 years of entrepreneurial experience, NCT partners with innovators and bring hands-on operational support to help visionary entrepreneurs succeed.
Healthy Ventures, Inc is a venture capital firm specializing in seed stage investments. The firm invests in healthcare and digital health technologies. Healthy Ventures, Inc is based in San Francisco, California.
Moonshots Capital makes seed stage investments in technology startups led by exceptional founders who are building products that “re-imagine” work and personal life in large and growing markets. They bring a disciplined approach to the investment process to identify companies with “moonshot” potential.
Every day, innovative businesses strive to bring about the next big thing. Silicon Valley Bank supports the businesses that invent the future. Everything they do helps innovators, enterprises and investors move bold ideas forward, fast.
Drive Capital is a venture capital investment partnering with Midwest-based entrepreneurs. Drive Capital was founded in the Midwest because it is the best place in the world to build a business. Passionate, innovative entrepreneurs. Smart, hard working talent. An abundance of customers. World class universities. Solid infrastructure. These are the raw ingredients necessary to build great companies. Simply put, the Midwest is an economic engine like few others in the world.