Olive, an artificial intelligence company tackling healthcare administration tasks, has closed $51 million in a funding round led by General Catalyst. Also participating in the raise were the company's existing backers Drive Capital, Oak HC/FT, Ascension Ventures and other unnamed investors.
WHAT THEY DO
Olive's "AI Workforce" is designed to automate a selection of tedious, high-volume...
Smart diaper detects UTIs. Purdue University researchers have developed a disposable, urinary tract infection-detecting sensor that is self-powered and can be embedded into diaper. The autonomous sensor activates upon exposure to urine, checks for compounds often associated with the infection and then wirelessly transmits the results to a smartphone if positive.
“We have at least two big...
Monday morning Olive, a healthcare software company that employs artificial intelligence to automate provider workflows, announced that it closed a $32.8 million Series D financing round led by Oak HC/FT and Ascension Ventures.
“Hospital operations have grown unsustainably complex as providers must adopt new technologies, workflows, and regulations with increasing frequency in order to provide...
Digital health devices -- including consumer-facing activity trackers and wearables -- have a constant presence on Indiegogo and Kickstarter these days. But lately a few health-related devices have made a big splash, raising well over their funding goal. The Darma smart seat cushion, the SmartMat smart yoga mat, and Pavlok, a wrist bracelet that uses small shocks to discourage bad habits, have...
