Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
OpenEvidence, an AI assistant for medical professionals, secures $200 million in funding, reaching a $6 billion valuation

OpenEvidence, an AI assistant for medical professionals, secures $200 million in funding, reaching a $6 billion valuation

Bitget-RWA2025/10/20 16:54
By:Bitget-RWA

OpenEvidence, a platform often compared by healthcare professionals to ChatGPT but tailored for the medical field, is set to reveal a $200 million funding round at a $6 billion valuation, according to The New York Times. 

This latest investment arrives just three months after the company secured $210 million at a $3.5 billion valuation, highlighting the strong investor enthusiasm for AI solutions designed for specific industries. 

OpenEvidence’s system, which is trained on resources such as JAMA and the New England Journal of Medicine, enables users to swiftly access established medical information to assist in patient care. Licensed healthcare providers can use the ad-supported platform at no cost.  

Since its launch in 2022, OpenEvidence has experienced rapid expansion. The Times notes that monthly clinical queries have almost doubled to 15 million since July.  

Google Ventures led the funding round, with additional backing from Sequoia Capital, Kleiner Perkins, Blackstone, Thrive Capital, Coatue Management, Bond, and Craft.  

TechCrunch has contacted OpenEvidence for a statement.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin Updates: SGX Addresses Offshore Perp Shortfall as Bitcoin Decline Increases Demand for Hedging

- SGX launched Bitcoin and Ethereum perpetual futures, becoming a first-mover in regulated onshore crypto derivatives to meet institutional demand. - The $187B/year perp market, dominated by Asia, now gains a regulated alternative to offshore platforms with SGX's 22.5-hour trading window. - Perps enable hedging during Bitcoin's 2025 downturn, with SGX's margin-call system prioritizing investor protection over instant liquidations. - Regulatory caution limits access to accredited investors, aligning with gl

Bitget-RWA2025/11/28 10:44
Bitcoin Updates: SGX Addresses Offshore Perp Shortfall as Bitcoin Decline Increases Demand for Hedging

Bitcoin News Update: Institutional ETF Adjustments Challenge Key Bitcoin Support Thresholds

- Analysts warn Bitcoin faces 25% drop risk if key support levels fail amid shifting institutional ETF dynamics. - Texas's $5M IBIT purchase highlights growing government interest, but ETFs fall short of direct BTC ownership criteria. - Technical analysis shows Bitcoin trapped in a broadening wedge pattern, with breakdown below $80,000 risking $53k decline. - Institutional rebalancing sees $66M IBIT outflows vs. $171M FBTC inflows, signaling tactical ETF rotation over accumulation. - Abu Dhabi's $238M ETF

Bitget-RWA2025/11/28 10:44
Bitcoin News Update: Institutional ETF Adjustments Challenge Key Bitcoin Support Thresholds

XRP News Today: IMF Cautions That Rapid Tokenized Markets Could Intensify Crashes in the Absence of Regulation

- IMF warned tokenized markets like XRP could worsen flash crashes without regulation, citing risks from decentralized systems lacking traditional safeguards. - Report acknowledged tokenization's potential to cut cross-border payment costs but highlighted volatility risks from rapid liquidity loss seen in crypto markets. - SEC's approval of crypto ETFs signals growing institutional acceptance, though regulators emphasize oversight frameworks to mitigate systemic risks. - IMF proposed a global digital marke

Bitget-RWA2025/11/28 10:44
XRP News Today: IMF Cautions That Rapid Tokenized Markets Could Intensify Crashes in the Absence of Regulation

Bitcoin News Update: Meme Coins’ Path to Widespread Adoption Depends on ETFs and Clear Regulations

- Meme coins show renewed interest in 2025 as Bitcoin surges toward $90,000 and institutional investors reengage, driven by ETF/ETP launches blurring crypto-mainstream finance lines. - Solana-based BONK and privacy-focused GhostwareOS (GHOST) innovate with ETPs and modular privacy tools, attracting investors through novel value propositions. - Asian market volatility, including South Korea's Upbit hack, and Cardano's declining metrics highlight meme coins' fragility despite short-term technical optimism. -

Bitget-RWA2025/11/28 10:44
Bitcoin News Update: Meme Coins’ Path to Widespread Adoption Depends on ETFs and Clear Regulations