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Olive passes $4B valuation with new funding round


MedCity News
Olive passes $4B valuation with new funding round
Olive, which automates redundant tasks in healthcare, recently raised $400 million in a funding round. Since the start of the pandemic, the company has raised a total of $832 million. 
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Olive, a startup developing software to automate administrative tasks for hospitals, recently doubled its valuation after raising a recent funding round. The Cleveland-based company recently passed a $4 billion valuation after raising $400 million in funding.
Cleveland, Ohio-based Olive was founded in 2012. The company touts its identically named AI assistant, which is tasked with handling repetitive tasks, such as managing prior authorizations or inventory. More recently, it has added features to pull up patients’ insurance and contact information as they register for appointments.  ....

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Pluralsight Enters into Definitive Agreement to be Acquired by Vista Equity Partners for $3.5 Billion


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SILICON SLOPES, Utah, Dec. 13, 2020 (GLOBE NEWSWIRE)
Pluralsight, Inc. (NASDAQ:PS), the technology workforce development company, today announced that it has entered into a definitive agreement to be acquired by
Vista Equity Partners ( Vista ), a leading global investment firm focused on enterprise software, data and technology-enabled businesses.
Under the terms of the agreement, Vista, in partnership with its institutional co-investors including Partners Group, will acquire all outstanding shares of Pluralsight common stock for $20.26 per share in an all-cash transaction valued at approximately $3.5 billion. The purchase price represents a premium of approximately 25% to the company s volume weighted average closing stock price for the 30 trading days prior to today s announcement. ....

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