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Healthcare AI startup OpenEvidence has raised $250 million in Series D funding at a $12 billion valuation—double its previous valuation. The round was led by Thrive Capital and DST Global.

Key Takeaways

  • OpenEvidence raises $250M at $12B valuation
  • Valuation doubled from previous round
  • Thrive Capital and DST lead investment
  • AI platform assists doctors with clinical decisions

Transforming Clinical Decision-Making

OpenEvidence has built an AI platform that helps physicians access and interpret medical evidence at the point of care. The system:

  • Analyzes patient data against latest research
  • Suggests evidence-based treatment options
  • Identifies potential drug interactions
  • Stays current with new clinical guidelines

Rapid Growth

The company has experienced explosive growth as hospitals and health systems adopt AI tools. Key metrics include:

  • Used by thousands of physicians
  • Integration with major EHR systems
  • Expansion into multiple specialties

AI Healthcare Investment Boom

OpenEvidence’s raise is part of a broader surge in healthcare AI investment, which reached $10.7 billion in 2025—up 24.4% from the previous year.

Related: Nigerian Healthtech Startup 54gene Secures $45M Series B