Fortune· 2h ago· 1 min read
Your doctor is probably looking up your symptoms on their phone.
OpenEvidence, founded in 2021, is a free, ad-supported AI search engine for doctors that pulls answers straight from peer-reviewed medical journals at the point of care and labels how strong the evidence is. It’s become somewhat of the poster child of the medical AI boom .
In February, a Sequoia-led round valued the company at $1 billion . In the following months, that number grew to $3.5 billion by July with GV and Kleiner Perkins co-leading, $6 billion in October to $12 billion this January, in a round co-led by Thrive Capital and DST Global. That's roughly $700 million raised in about a year.
Meanwhile, competitor Doximity has taken an enterprise approach. Best known as a professional networking platform for physicians, it now sells an AI assistant called Ask that helps doctors summarize patient notes, check drug…
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