Olive

By  Dave Muoio 01:03 pm February 22, 2021
Circulo Health, a Columbus, Ohio-based insurtech startup targeting the Medicaid population, has announced itself with the backing of $50 million from Drive Capital, General Catalyst, Oack HC/FT and SVB Capital. WHAT IT DOES Circulo is still very much in its early days. Its public presence so far is a sparse homepage that connects to a LinkedIn page and an email address for interested job seekers...
A mock-up of the Nanox.ARC prototype.
By  Dave Muoio 02:45 pm December 3, 2020
Put your X-ray where your mouth is. After fielding accusations of fraud that temporarily damaged the value of its stock, digital X-ray-imaging company Nanox gave a highly publicized live (but virtual) demonstration of its imaging technology at the Radiology Society of North America's annual meeting. The demo – a recording of which Nanox said will be available to the public later today from the...
By  Dave Muoio 03:12 pm December 1, 2020
Olive, an artificial intelligence startup aiming to lessen the burden of healthcare administration tasks, announced today that investors have added another $225.5 million to its coffers, bringing its nine-month and lifetime fundraising totals to $385 million and $448 million, respectively. Tiger Global led the latest investment, which also saw participation from returning backers General Catalyst...
By  Dave Muoio 02:54 pm September 21, 2020
Tonal has brought in $110 million from investors, the connected fitness company announced last week. L Catterton, Sapphire Sport, Shasta Ventures, Mayfield, Evolution Media and THVC each renewed their support in the AI-powered exercise-machine service, while new backers included Delta-v Capital, the Amazon Alexa Fund, Mouse Partners and a trio of high-profile athletes – basketball players Stephen...
By  Dave Muoio 03:01 pm March 31, 2020
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...
By  Dave Muoio 03:13 pm June 25, 2019
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...
By  Laura Lovett 02:54 pm July 30, 2018
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...
By  Jonah Comstock 08:58 am October 6, 2014
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...