Olive makes $120M acquisition on heels of record funding round
Olive AI Inc. has acquired another healthcare artificial intelligence startup for $120 million, the company said, days after closing a $226 million venture capital round.
Verata Health, based in Minneapolis, makes software to automate the process of obtaining authorizations from insurance companies before a medical procedure. Adding its 60 employees, including Boston and Orlando offices, brings Columbus-based Olive close to 500 jobs nationwide, according to a news release.
Olive was valued at $1.5…
Source: bizjournals.com Health Care:Pharmaceuticals headlines - Category: Pharmaceuticals Authors: Carrie Ghose Source Type: news
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