What is Olio?
Founded in 2018 and based in Indianapolis, Indiana, Olio Health operates as a digital communication platform designed to streamline collaboration and communication among health systems and their provider networks. The platform facilitates seamless information exchange regarding patient care, aiming to improve efficiency and outcomes. Olio's focus on interoperability and provider-to-provider communication positions it as a key player in the evolving landscape of healthcare technology.
How much funding has Olio raised?
Olio has raised a total of $26.9M across 5 funding rounds:
Angel/Seed
$2.5M
Debt
$150K
Debt
$260K
Series A
$13M
Series B
$11M
Angel/Seed (2019): $2.5M, investors not publicly disclosed
Debt (2020): $150K led by PPP
Debt (2021): $260K supported by PPP
Series A (2022): $13M featuring Mutual Capital Partners and Fulcrum Equity Partners
Series B (2025): $11M backed by Mutual Capital Partners and Fulcrum Equity Partners
Key Investors in Olio
Mutual Capital Partners
Mutual Capital Partners is a venture capital fund specializing in early-stage software and medical device companies, particularly those in the Midwest. They provide financial backing and strategic guidance to innovative healthcare startups.
Fulcrum Equity Partners
Fulcrum Equity Partners invests in B2B software and healthcare services, offering capital and hands-on support to accelerate business growth. They focus on providing strategic assistance to empower companies.
What's next for Olio?
The recent strategic investment signals a pivotal moment for Olio Health, likely enabling the company to scale its operations, enhance its platform capabilities, and expand its market reach. With a clear focus on enterprise-level solutions, Olio is poised to further solidify its role in improving patient care coordination. Future developments may include deeper integration with existing health IT infrastructure and the introduction of advanced analytics to support provider decision-making, driven by the capital raised.
See full Olio company page
