STAT+: OpenEvidence raises $250 million, doubling its valuation

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Source: STAT News

Original: https://www.statnews.com/2026/01/21/health-ai-starutup-openevidence-raises-250-m...

Published: Wed, 21 Jan 2026 15:38:05 +0000

OpenEvidence is a startup that has developed an AI chatbot to help doctors search for clinical evidence. The firm raised $250 million, doubling its valuation to $3.5 billion[1]. The tool is already used by 430,000 doctors in the USA and 40% of all American doctors[1][2]. It serves more than 8.5 million consultations per month and recorded 17 million AI clinical consultations from verified doctors in October[1][2]. OpenEvidence is not a diagnostic system, therefore it does not require FDA approval and enables rapid deployment in practice[1]. It helps doctors quickly find relevant information from millions of studies, analyze drug interactions and recommend tests[1]. This year, more than 100 million Americans will be treated by doctors using OpenEvidence[2]. The product is free for healthcare professionals[2].