Olio, a software platform focused on streamlining care coordination, has raised $11 million in a Series B funding round led by Fulcrum Equity Partners, with strong participation from Mutual Capital Partners (MCP), a growth equity firm specializing in healthcare and B2B software. This funding will support the expansion of Olio’s product offerings and accelerate its go-to-market efforts to deepen its nationwide impact on healthcare organizations.
The company is tackling long-standing inefficiencies in patient discharge and care transitions—areas often plagued by fragmented, manual processes. Olio’s platform enables payers, health systems, and physician groups to manage patient transitions across various care settings, including Skilled Nursing, Home Health, Behavioral Health, and Long-Term Care. By engaging the full care continuum at scale, Olio helps improve outcomes and streamline operations.
With the new capital, Olio plans to enhance its platform, develop new tools, and broaden its reach across the U.S. healthcare market. These efforts aim to help more organizations deliver seamless transitions, improve care quality, and lower costs. “Our mission is to transform how healthcare organizations coordinate care,” said Ben Forrest, CEO of Olio. “Support from Fulcrum Equity Partners and Mutual Capital Partners enables us to scale our impact and drive meaningful change across the industry.”
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