Olio Closes $11M Series B Funding to Revolutionize Care Coordination

Deal News | May 12, 2025 | Fulcrum Equity Partners Inc

Olio, a leading software platform enhancing care coordination, has announced the completion of an $11 million Series B funding round. The round was spearheaded by Fulcrum Equity Partners, with significant participation from Mutual Capital Partners. The investment aims to address critical inefficiencies in patient discharge processes, improve patient outcomes, and lower healthcare costs by enabling real-time patient status updates across the care continuum. With this new capital infusion, Olio plans to broaden its product offerings and accelerate its market presence. The company is praised for transforming healthcare by improving collaborations among healthcare providers to deliver better patient care. Olio exemplifies the shift in healthcare toward operational excellence, with seamless care transitions and enhanced stakeholder alignment as their cornerstone.

Sectors

  • Healthcare Technology
  • Private Equity and Venture Capital

Geography

  • United States – The article involves US-based firms Fulcrum Equity Partners, Mutual Capital Partners, and the platform Olio, which operate primarily in the United States healthcare and financial sectors.

Industry

  • Healthcare Technology – The article revolves around Olio, a software platform for streamlining healthcare coordination, which is a critical aspect of the healthcare technology industry.
  • Private Equity and Venture Capital – Both Fulcrum Equity Partners and Mutual Capital Partners are investment firms, emphasizing the relevance of private equity and venture capital in the funding of Olio.

Financials

  • $11 million – The amount raised by Olio in its Series B funding round led by Fulcrum Equity Partners.

Participants

NameRoleTypeDescription
OlioTargetCompanyOlio is a software platform that improves care coordination across various healthcare settings.
Fulcrum Equity PartnersInvestorCompanyAn Atlanta-based growth equity firm leading the $11 million Series B funding round for Olio.
Mutual Capital PartnersInvestorCompanyA Cleveland-based venture capital fund participating in Olio's Series B round, focusing on innovative healthcare startups.
Philip LewisPartner at Fulcrum Equity PartnersPersonPartner at Fulcrum Equity Partners, commenting on Olio's transformative impact in healthcare.
Bill TrainorPartner at Mutual Capital PartnersPersonPartner at Mutual Capital Partners, expressing enthusiasm about the partnership with Olio.
Jill SharpSr. VP of Care Delivery, Emcara Health, and Olio board memberPersonA board member of Olio, supporting the company's transformative healthcare solutions.
Ben ForrestCEO of OlioPersonCEO of Olio, leading the company's mission to transform healthcare coordination.