(Bloomberg) — An Ohio startup that helps hospitals automate routine tasks is now valued at $1.5 billion after a funding round led by Tiger Global Management.
Olive AI Inc. received an investment of $228.5 million in the round, which included new investors Alphabet Inc.’s GV, Sequoia Capital, Dragoneer Investment Group and Transformation Partners. Existing investors General Catalyst and Drive Capital also joined the round.
Columbus-based Olive has now raised $385 million in financing in the past nine months and $448 million since its inception in 2012.
The company’s software is used