OpenEvidence hits $12B valuation as specialized medical AI demand doubles in months
OpenEvidence has achieved a $12B valuation after a $250M Series D round. Learn how this medical AI platform for doctors doubled its value and surpassed $100M in revenue.
In just three months, its market value has doubled. Medical AI powerhouse OpenEvidence has reached a staggering $12 billion valuation, proving that Silicon Valley is placing its biggest bets on deep, vertical expertise rather than broad, general-purpose AI.
OpenEvidence hits $12B valuation via Series D milestone
According to TechCrunch, OpenEvidence announced on Wednesday that it's raised $250 million in a Series D funding round co-led by Thrive Capital and DST. This new injection of capital values the startup at $12 billion, a 100% jump from its $6 billion valuation in October 2025. The company has now raised a total of $700 million to date.
Surpassing $100M in revenue through clinician trust
While many AI startups struggle with monetization, OpenEvidence has already surpassed the $100 million revenue mark. Its platform served 18 million clinical consultations from verified U.S. healthcare professionals in December 2025 alone—a massive spike from the 3 million monthly searches recorded just a year prior.
Winning the healthcare AI war against giants
Investors don't seem worried about competition from OpenAI or Anthropic. OpenEvidence's laser focus on doctor-facing clinical information sets it apart from Anthropic's broader 'Claude for Healthcare' and ChatGPT's consumer-centric health products. The startup's ability to win over skeptical medical professionals gives it a moat that general models haven't yet breached.
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