SCOOP: OpenEvidence, an AI Assistant for Doctors, in Talks to Raise a New Round of Funding at a $3 Billion Valuation

GV and Kleiner Perkins are leading the new round, sources tell us

Eric Newcomer

and

Madeline Renbarger

May 28, 2025

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ILLUSTRATION - 27 May 2025, Saxony, Dresden: A GP stands at a computer in the functional diagnostics department of his practice. The 129th German Medical Congress opens today in Leipzig. The President of the German Medical Association, Reinhardt, supported plans by the new federal government to introduce a primary care system. This means that patients will generally visit a GP practice first. Photo: Sebastian Kahnert/dpa (Photo by Sebastian Kahnert/picture alliance via Getty Images)

The race to back the next big AI startup for healthcare is heating up.

OpenEvidence, a Sequoia-backed AI medical assistant for doctors, is raising over $100 million in fresh funding at a $3 billion valuation, sources tell us.

GV and Kleiner Perkins are in talks to lead the funding round.

The round isn’t finalized and the total amount of funding could increase, sources tell us.

OpenEvidence works like a more medically-savvy ChatGPT. After meeting with a patient, doctors can type out a question in natural language, along with the patient’s symptoms. OpenEvidence then provides a list of the most likely diagnoses along with a list of follow up questions for the doctor to ask the patient.

SCOOP: OpenEvidence, an AI Assistant for Doctors, in Talks to Raise a New Round of Funding at a $3 Billion Valuation

GV and Kleiner Perkins are leading the new round, sources tell us

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