The fallout continues for Olive AI, the Columbus-based health tech startup that is shedding top talent amid reports the company overpromises benefits to clients, Erin Brodwin writes for Axios Pro.
- It has lost another 20+ of its top employees, less than a month after more than 20 high-level staff departures.
Why it matters: The news threatens the company’s status as the highest-profile startup in health care automation.
- Olive has championed a $4 billion valuation and an all-star investor list, but now faces turnover on top of a hiring freeze.
What they’re saying: Current and former employees believe the company is dealing with internal culture problems while underdelivering on its promise to save health systems money using automation software.
- “Things are imploding,” one current employee tells Axios.
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