Company Information

Get to know Olive

Founded in 2012, Olive aimed to revolutionize the healthcare industry by creating the "Internet of Healthcare." The company developed an AI and robotic process automation (RPA) platform to automate repetitive, high-volume administrative tasks for hospitals and healthcare systems, such as prior authorizations, eligibility checks, and billing. After raising nearly $1 billion in venture capital and achieving a peak valuation of $4 billion, Olive faced significant challenges in delivering on its technological promises, leading to multiple rounds of layoffs and ultimately ceasing all operations in October 2023.

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Technology Software DevelopmentPRIMARY
Financial Other Service
Technology Software Trading Platform

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Olive

United States

Founded in

2021 (5 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

Security Information :

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Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.