About Olive Healthcare
Olive Healthcare is a company based in Seoul (South Korea) founded in 2016 by Sung Ho Han.. Olive Healthcare has raised $10.18 million across 3 funding rounds from investors including Korea Investment Holdings, Shinhan Bank and Partners Investment. Olive Healthcare offers products and services including Bello, Fitto, and Eileen. Olive Healthcare operates in a competitive market with competitors including Niramai, CairnSurgical, Oncovision, QT Imaging and UE LifeSciences, among others.
- Headquarter Seoul, South Korea
- Founders Sung Ho Han
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Olive Healthcare Co., Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.18 M (USD)
in 3 rounds
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Latest Funding Round
$6.92 M (USD), Series B
Dec 30, 2019
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Investors
Korea Investment Holdings
& 5 more
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Employee Count
Employee Count
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Products & Services of Olive Healthcare
Olive Healthcare offers a comprehensive portfolio of products and services, including Bello, Fitto, and Eileen. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Device for measuring and scanning belly fat accurately.
Tool for data-based training and muscle analysis.
Device for detecting breast cancer through advanced technology.
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Funding Insights of Olive Healthcare
Olive Healthcare has successfully raised a total of $10.18M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $6.92 million completed in December 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $6.9M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2019 | Amount | Series B - Olive Healthcare | Valuation |
investors |
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| Mar, 2018 | Amount | Series A - Olive Healthcare | Valuation | Partners Investment , Korea Investment Holdings |
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| Jun, 2016 | Amount | Seed - Olive Healthcare | Valuation | ActnerLab |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Olive Healthcare
Olive Healthcare has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Korea Investment Holdings, Shinhan Bank and Partners Investment. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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PE firm investing in South Korea and the US
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Founded Year | Domain | Location | |
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Pathfinder H is engaged in venture capital investments for startups.
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Founded Year | Domain | Location | |
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Investment holding firm established in Seoul in 2003.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Olive Healthcare
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Olive Healthcare
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Olive Healthcare Comparisons
Competitors of Olive Healthcare
Olive Healthcare operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Niramai, CairnSurgical, Oncovision, QT Imaging and UE LifeSciences, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Early breast cancer is detected using AI-based non-invasive thermal imaging.
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| domain | founded_year | HQ Location |
Developer of 3D printed surgical guides for breast cancer treatment
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| domain | founded_year | HQ Location |
Diagnostic imaging devices for oncology are manufactured and provided.
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| domain | founded_year | HQ Location |
Non-invasive ultrasound device for breast cancer detection is developed.
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| domain | founded_year | HQ Location |
Non-invasive devices for breast and cervical cancer screening are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Olive Healthcare
When was Olive Healthcare founded?
Olive Healthcare was founded in 2016.
Where is Olive Healthcare located?
Olive Healthcare is headquartered in Seoul, South Korea.
Who is the current CEO of Olive Healthcare?
Sung Ho Han is the current CEO of Olive Healthcare. They have also founded this company.
Is Olive Healthcare a funded company?
Olive Healthcare is a funded company, having raised a total of $10.18M across 3 funding rounds to date.
What does Olive Healthcare do?
Founded in 2016 in Seoul, South Korea, the company operates in the healthcare sector. Devices and software are developed for wellness applications such as belly fat management, childhood obesity prevention, senior care, and fitness. Medical uses include detection of breast cancer and erectile dysfunction, as well as rehabilitation support. The primary product, Bello, is utilized to measure belly fat and suggest diet and fitness plans to mitigate metabolic disease risks.
Who are the top competitors of Olive Healthcare?
Olive Healthcare's top competitors include QT Imaging, CairnSurgical and Niramai.
What products or services does Olive Healthcare offer?
Olive Healthcare offers Bello, Fitto, and Eileen.
Who are Olive Healthcare's investors?
Olive Healthcare has 6 investors. Key investors include Korea Investment Holdings, Shinhan Bank, Partners Investment, Hyundai Investment Partners, and Pathfinder H.