OpenEvidence Inc.

OpenEvidence Inc.
OpenEvidence Inc.
  • Headquarters

    Miami, FL
  • Founded

    2022
  • CEO / Founder

    Daniel Nadler
  • Employees

    51-200
  • Funding

    Series D+ — $700M
  • Products

    1 product listed
  • Avg. AI Score

    8.3/10

Profile updated

Products
1
Avg AI Score
8.3/10
Founded
2022
Funding
$700M
About OpenEvidence Inc.

OpenEvidence Inc. is an American artificial intelligence company that develops a medical search engine for clinical decision support. Verified physicians use the platform at no cost to query peer-reviewed medical literature and receive synthesized, cited answers to clinical questions. The company was founded in 2022 by Daniel Nadler, who previously founded the financial analytics firm Kensho Technologies (acquired by S&P Global in 2018), and Zachary Ziegler, a Harvard machine learning researcher who serves as chief technology officer. OpenEvidence is headquartered in Miami, Florida.

The core product is free to verified U.S. physicians, with revenue generated through advertising. Its DeepConsult feature, launched in July 2025, runs deeper multi-step research across the medical literature. OpenEvidence holds content partnerships with the New England Journal of Medicine and JAMA Network publications and works with organizations including the American Medical Association, the National Comprehensive Cancer Network, and the American Academy of Family Physicians. The company came up through the Mayo Clinic Platform Accelerate program, and its AI engine also powers Elsevier's ClinicalKey AI. As of December 2025 the platform counted roughly 760,000 registered U.S. physicians and about 18 million clinical consultations per month.

OpenEvidence has raised approximately $700 million. Sequoia Capital led a $75 million Series A in February 2025 at a $1 billion valuation, followed by a $210 million round led by GV and Kleiner Perkins in July 2025 at $3.5 billion, a $200 million Series C in October 2025 at $6 billion, and a $250 million Series D led by Thrive Capital and DST Global in January 2026 that valued the company at $12 billion. Other backers include Nvidia, Blackstone, Craft Ventures, and Mayo Clinic. The company ranked No. 32 on the 2026 CNBC Disruptor 50 list and operates with a small staff, with third-party estimates ranging from roughly 60 to 120 employees.

Specialties
Medical AIClinical Decision SupportMedical SearchEvidence-Based MedicineHealthcare TechnologyLLMPhysician Tools
Financials

Dated, source-cited figures. Estimates are marked.

Valuationest.
$12B
cnbc.com
ARRest.
$100M
Total Raisedest.
$700M
cnbc.com
Valuation over time
$1B(Feb 19, 2025)$3.5B(Jul 15, 2025)$6B(October 2025, est.)$12B(Jan 21, 2026, est.)
Total Raised over time
$100M(Feb 19, 2025, est.)$300M(Jul 15, 2025, est.)$500M(October 2025, est.)$700M(Jan 21, 2026, est.)
Products by OpenEvidence Inc.

All products by OpenEvidence Inc. reviewed by our AI panel of experts.

How Our Review Panel Scores OpenEvidence Inc.

Six independent reviewer personalities assessed OpenEvidence Inc.'s product on their own terms. They landed within 0.9 points of each other, an unusually strong consensus.

The Decision Maker
8.5
The Power User
8.5
The Domain Strategist
8.4
The Finance Lead
8.4
The Domain Practitioner
8.4
The Skeptic
7.6

Averaged across 1 reviewed product in our catalog. Scores are out of 10.

Competitive Landscape

Who OpenEvidence Inc. competes with, and how they differ.

Company Timeline

Key milestones in OpenEvidence Inc.'s history, with sources.

  1. Funding

    Series D — $250M co-led by Thrive Capital and DST Global at $12B valuation

    OpenEvidence raised $250 million in a Series D round that doubled its valuation to $12 billion, its fourth raise in under a year, bringing total funding to nearly $700 million.

    cnbc.com
  2. Funding

    Series C — $200M led by Google Ventures at $6B valuation

    OpenEvidence raised $200 million in a Series C round three months after its Series B, valuing the company at $6 billion; Sequoia, Kleiner Perkins, Thrive and Coatue followed on, joined by new investors BOND, Blackstone and Craft.

    digitalhealthnews.com
  3. Milestone

    OpenEvidence AI becomes first AI in history to score a perfect 100% on the USMLE

    OpenEvidence's AI system scored 325/325 on a standardized USMLE benchmark across Steps 1, 2 CK and 3, the first perfect score by any AI on the exam.

    prnewswire.com
  4. Funding

    Series B — $210M co-led by Google Ventures and Kleiner Perkins at $3.5B valuation

    OpenEvidence raised $210 million at a $3.5 billion valuation, with Sequoia Capital following on and Coatue, Conviction and Thrive also participating, taking total funding since founding above $300 million.

    prnewswire.com
  5. Partnership

    Strategic content agreement with the JAMA Network

    OpenEvidence signed a multi-year content agreement with the American Medical Association's JAMA Network, making full-text articles from JAMA, JAMA Network Open and 11 specialty journals available within the platform.

    prnewswire.com
  6. Funding

    Series A — $75M led by Sequoia Capital at $1B valuation

    OpenEvidence closed its first institutional round, $75 million led by Sequoia Capital at a $1 billion valuation, alongside a new content partnership with the New England Journal of Medicine.

    cnbc.com
  7. Milestone

    OpenEvidence AI becomes first AI to score above 90% on the USMLE

    OpenEvidence's AI model scored above 90% on the United States Medical Licensing Examination, the first AI to clear that mark, following its participation in the Mayo Clinic Platform Accelerate program earlier that year.

    prnewswire.com
  8. Founded

    OpenEvidence founded by Daniel Nadler and Zachary Ziegler

    OpenEvidence was founded in Miami by Daniel Nadler (previously founder of Kensho Technologies, acquired by S&P Global in 2018) and Harvard machine-learning researcher Zachary Ziegler to build an AI-powered medical search engine for clinicians.

    en.wikipedia.org

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