O
Olive
Identity Resolution For Smarter Healthcare
About Olive
Olive, operating under the domain hireolive.com, functions as a technology-driven consulting firm specializing in automation. The company was founded in 2021 by Chris Heard and Herbert Ong. The founders' journey originated from their shared experience at a venture-backed startup, where they grappled with the inefficiencies of manual, repetitive tasks that hindered scalability. This firsthand frustration with operational bottlenecks led them to establish Olive, aiming to assist other businesses in overcoming similar growth-limiting challenges.
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The firm's core business revolves around identifying and implementing automation solutions for its clients, which are primarily other businesses looking to streamline their operations. Olive's process begins with a comprehensive audit of a client's existing workflows to pinpoint inefficiencies and opportunities for automation. Following this diagnostic phase, the company designs and builds custom automation systems tailored to the client's specific needs. This service is positioned as a way for companies to scale their operations without a proportional increase in their headcount, thereby improving efficiency and reducing costs.
The business model appears to be project-based, where clients engage Olive for specific automation projects. The service offering is comprehensive, encompassing the entire lifecycle of an automation project from initial consultation and process mapping to the development and deployment of the automated solution. Olive markets itself as a partner that helps companies break free from the limitations of manual processes, enabling them to focus on core business growth. The company's unique selling proposition lies in its founder-led, experience-driven approach to solving common operational pain points for scaling businesses.
At a glance
- Status
- Operational
- Founded
- 2012
- Headquarters
- Columbus, United States
- Open positions
- None listed
- Dealroom signal
- 57.8/100
- Industry
- Health
- Sub-industry
- Health Platform
- Sector
- Health Tech & Medtech, Identity Management, Analytics, Robotic Process Automation, Fraud Management, Hard Tech, DT and LS, science-based
- Technology
- Artificial Intelligence, Deep Tech, Machine Learning
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES D✓Equity / VC | Jul 2018 | $33M | $131M | Undisclosed | — |
Growth signals
Latest recorded traffic for Olive is 270 monthly website visits.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Other known investors6 additional known investors
Ascension Ventures
Base10 Partners
Billy Deitch
Craig Cummings.
Kelly Perdew
Oak HC/FT
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Olive on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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