OpenEvidence Secures $210M Series B at $3.5B Valuation to Expand AI Medical Platform for Physicians

OpenEvidence, the AI-powered medical search engine built exclusively for physicians, has raised $210 million in a Series B funding round, bringing its valuation to $3.5 billion. The round was co-led by Google Ventures and Kleiner Perkins, with continued support from Sequoia Capital and participation from Coatue, Conviction, Thrive, and others.

Founded by Daniel Nadler, Ph.D., OpenEvidence has quickly become one of the most widely used medical platforms in the U.S., with more than 40% of clinicians using the tool across over 10,000 hospitals and medical centers. The platform offers instant, evidence-based clinical answers powered by proprietary generative AI trained on peer-reviewed content from trusted partners including the AMA, JAMA, and the New England Journal of Medicine.

With usage surpassing 8.5 million monthly consultations and growing by 65,000 verified clinicians each month, OpenEvidence continues to scale rapidly. Alongside the funding, the company also launched DeepConsult, an advanced AI agent that autonomously analyzes vast medical literature to deliver Ph.D.-level research summaries for clinicians.

Designed to combat physician burnout and information overload, OpenEvidence positions itself as the trusted, high-speed AI co-pilot for modern clinical decision-making — offered free to all verified U.S. doctors.

Need Deeper Intelligence on the AI Market?

AI Insider's Market Intelligence platform tracks funding rounds, competitive landscapes, and technology trends across the global AI ecosystem in real time. Get the data and insights your organization needs to make informed decisions.

Related Articles

Firebird Opens Armenia AI Factory, Plans 70,000-Plus Nvidia GPUs by 2027

Insider Brief Firebird has launched its Nvidia-based AI factory in Armenia and outlined plans to scale the site to more than 70,000 Nvidia GPUs by

Magnendo Awarded Up to $32M by ARPA-H to Advance Autonomous Robotic Stroke Intervention

Insider Brief Magnendo Corp. has been selected for an award of up to $32 million from the federal Advanced Research Projects Agency for Health to

HII Plans Up to $900M in Robotics Work With Path Robotics, GrayMatter

Insider Brief HII plans to award up to $900 million in shipbuilding work to Path Robotics and GrayMatter Robotics over seven years under agreements aimed

Stay Updated with AI Insider

Get the latest AI funding news, market intelligence, and industry insights delivered to your inbox weekly.

$ 0 M

Seed round tracked

Gitar — Code Validation

Get the Weekly Briefing

Funding analysis, market intelligence, and industry trends delivered to your inbox every week.

Need bespoke intelligence?

Our team combines real-time data with decades of sector experience to guide your decisions.

Subscribe today for the latest news about the AI landscape