Olive Ventures Holdings LLC
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Olive Ventures Holdings LLC - overview
Established
2006
Location
Chicago, IL, US
Primary Industry
Insurance
About
Based in Illinois, US, and founded in 2006, Olive Ventures Holdings LLC, dba the Olive Group, operates as a provider of digital platforms and payment services to the direct-to-consumer protection plan industry. Rebecca Howard is the founder, and as of 2022, she serves as the CEO of the company. In December 2022, The Olive Group raised USD 35 million from ScaleCo. As of 2022, the company has more than 60 strategic partners.
The company provides services through digital protection platforms and interest-free payment services. The firm’s brands include Olive. com, which is a digital vehicle repair plan; PayLink Direct, which is interest-free payment plan financing and processing for service contracts; Budco Financial, which is a low-interest payment plan solution for OEMs, dealers, and VSC administrators; Repair Ventures, which offers vehicle protection plans, marketing services, and end-to-end solutions; and Olive. ca, which offers a direct-to-consumer vehicle protection plan for the Canadian market.
Current Investors
ScaleCo Capital
Primary Industry
Insurance
Sub Industries
Insurance, Web Applications, Sales & Marketing Software, Accounting/Finance Software
Website
www.theolivegroup.com
Verticals
FinTech, FinTech, InsureTech, Mobile Apps
Total Amount Raised
Subscriber access only
Olive Ventures Holdings LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LP Direct | Completed | Olive Ventures Holdings LLC | - | ||||||||
| Trade Sale | Completed | Budco Financial LLC | - |
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