Top 5 Ohio Startups Making Headlines in Business News
Ohio has become a hotbed for startups in recent years, with several companies making waves in various industries. In this article, we will highlight the top 5 Ohio startups that are currently making headlines in the business news.
1. Olive
Founded in 2012, Olive is an AI-powered healthcare automation company that is transforming the healthcare industry. The company has developed a platform that uses AI to automate routine administrative tasks, such as insurance processing, claims management, and prior authorizations. Olive’s platform has been used by several leading healthcare providers, including Cleveland Clinic and Ascension, to achieve significant cost savings and improve patient care.
2. Root Insurance
Root Insurance is a modern car insurance company that offers personalized coverage based on your driving behavior. The company uses telematics technology to track your driving habits and offer discounts to safe drivers. Root Insurance has gained popularity among millennials and younger generations due to its user-friendly app and competitive pricing. The startup recently went public in 2021 and is valued at over $7 billion.
3. OnShift
OnShift is a workforce management platform that helps senior care providers streamline their staffing process. The platform uses predictive analytics to forecast staffing needs and automate staff scheduling, saving time and reducing labor costs. OnShift’s software has become increasingly essential during the COVID-19 pandemic as senior care providers face staffing shortages and increased demand for their services.
4. Beam Dental
Beam Dental is a dental insurance startup that uses dental hygiene data to offer personalized coverage and preventive care. The company’s platform connects dental professionals with patients to offer on-demand remote consultations and preventive care tips. Beam Dental recently raised $80 million in funding, bringing its valuation to over $500 million.
5. ScriptDrop
ScriptDrop is a prescription delivery startup that provides same-day prescription delivery services to patients. The company’s platform integrates with electronic health records to automate prescription delivery and ensure timely medication adherence. ScriptDrop has partnered with several leading pharmacies, including CVS and Walmart, to offer its services to patients nationwide.
Conclusion
Ohio’s startup ecosystem is thriving, with several companies making significant strides in various industries. The startups highlighted in this article demonstrate the diverse range of innovation happening in Ohio, from healthcare automation to workforce management. These startups have not only made headlines in the business news but are also making a significant impact on their respective industries. As these companies continue to grow, they are positioning Ohio as a hub for innovation and entrepreneurship.
