OpenEvidence valued at $15 billion in new funding round
OpenEvidence, an AI search engine designed for medical professionals, has secured a new funding round that values the company at $15 billion. The startup recently raised $250 million from hospital systems and Andreessen Horowitz, according to people familiar with the matter. This follows a January round that valued the company at $12 billion, bringing its total funding over the past year to more…
Key points
- OpenEvidence raised $250 million, valuing the company at $15 billion.
- More than two-thirds of U.S. doctors use the AI search engine.
- The company may be open to an M&A deal involving compute access.
The company, based in Miami, claims its product is the fastest-growing application for physicians in history, with more than two-thirds of U.S. doctors using it for diagnostic and treatment advice. OpenEvidence maintains relationships with major tech firms, including Nvidia as an investor, and recently announced a partnership with Anthropic. It also integrates with AI tools from Google and Microsoft.
Sources indicate OpenEvidence may be open to a merger or acquisition deal that includes access to compute resources, a potential strategy if rising anti-AI sentiment limits data center expansion. However, it is unverified if specific acquirers are interested, and the company may prefer to remain independent. This funding comes as AI giants like OpenAI and Anthropic increasingly build their own healthcare tools, making OpenEvidence a potential shortcut for acquiring established user bases and medical data expertise.
The story so far
2 episodes →- OpenEvidence valued at $15 billion in new funding roundthis story
The 'ChatGPT for doctors,' OpenEvidence, was valued at $15 billion in a new funding round
businessinsider.com · 23 September 2026Loading the full article…
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