This week MedCity News published an article about Olio, covering the company’s fundraising successes and plans for the future. MedCity News is an online news source that provides a comprehensive look at the business of healthcare innovation, offering a mix of breaking news and analysis on new technologies, new companies, future trends, and the latest policies.
This particular article discusses the sources of the $2.5 million in seed funding, including “strategic seed investors” as well as Indianapolis-based Innovatemap Ventures. Olio plans to use the $2.5 million round to scale its technology, expand nationally, and grow its marketing, engineering, and customer success teams--adding approximately 80 new positions to the central Indiana area by 2022.
Olio’s clients include Midwest healthcare providers such as Central Indiana Orthopedics. With their most recent funding, Olio is in the process of expanding and implementing its technology-based platform with additional health systems, physicians, and post-acute providers.