Ambience Healthcare Raises $70 Million in Series B

Ambience Healthcare Raises $70 Million in Series B

Ambience Healthcare, a San Francisco, CA-based company with a mission to supercharge clinicians with breakthrough generative AI technology, raised $70 million in Series B funding.

The round was co-led by Kleiner Perkins and OpenAI Startup Fund, with support from existing investors.

Founded in 1972, Kleiner Perkins is a venture capital firm based in Menlo Park, California, that specializes in investing, incubation, and growth. The firm prefers to invest in seed-stage, early-stage, and later-stage companies.

OpenAI Startup Fund is a venture capital firm based in San Francisco, California. Founded in 2022, the firm seeks to invest in companies operating in the artificial intelligence sector.

The company will use the funds to accelerate its product roadmap, expand its teams, and further advance AI models for healthcare.

Founded in 2020 by Mike Ng and Nikhil Buduma, Ambience Healthcare is a developer of a comprehensive AI operating system for healthcare organizations. The platform, designed to improve clinician efficiency and patient care, offers a suite of applications including real-time medical scribing, CDI assistance, and patient education tools. The Ambience AI operating system consists of a holistic suite of applications, designed to alleviate clinician burnout, improve overall system efficiency, and enable high-quality care.

Funding Details

Company: Ambience Healthcare, Inc.

Raised: $1.25M

Round: Pre-Seed Round

Funding Month: February 2024

Lead Investors: Kleiner Perkins and OpenAI Startup Fund

Additional Investors:

Company Website: https://www.ambiencehealthcare.com/

Software Category: AI Operating Systems