Companies
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OpenEvidence

Artificial Intelligence
Healthtech
$12.8B
+$478.31
1,371.43%
30 days ago
$34.88
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OpenEvidence is a Cambridge, Massachusetts-based medical AI company providing physicians with an AI platform that retrieves and synthesizes clinical evidence at the point of care.
OpenEvidence was founded to address the significant challenge physicians face keeping pace with the enormous and continuously growing volume of published medical research, which no individual clinician could realistically read in full, by building an AI platform specifically designed to help doctors quickly find and synthesize relevant clinical evidence while actively treating patients, differentiating itself from general-purpose AI chatbots by grounding its responses specifically in peer-reviewed medical literature and emphasizing clinical accuracy and appropriate sourcing. The platform has achieved substantial adoption among practicing physicians, with health systems including Cedars-Sinai deploying OpenEvidence enterprise-wide within clinical workflows, and the company has continued expanding its product capability, including a hands-free voice interface that lets physicians query the system without needing to type while engaged in direct patient care, addressing the practical reality that clinicians often need information quickly during time-constrained patient encounters where typing a detailed query is impractical. OpenEvidence raised a $250 million Series D round in early 2026 co-led by Thrive Global and DST Global, reaching a valuation of $12 billion, reflecting substantial investor confidence in the clinical AI decision-support category as health systems increasingly look to AI tools to help manage the growing complexity and volume of medical knowledge that practicing physicians must navigate, and the company has continued to see strong activity and demand signals in secondary private markets as a notable name among healthcare-focused AI companies.
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