OpenEvidence

Miami, FL · Founded 2017 · Privately Held (backing)

Developer of an AI-powered information platform designed to organize medical knowledge and make it useful, accessible, and understandable. OpenEvidence is based in Miami, FL and was founded in 2017. It was valued at $15 billion at its Series E in Sep 2026, the last priced event on record. It has raised $795 million across 11 recorded rounds; the latest was a $250 million Series E in Sep 2026.

PMV mark · valuation
$15.0B
Oct 2026
Priced at
its Series E
Sep 2026
Total raised
$795.4M
Last round
Series E
Sep 2026

OpenEvidence key facts

as of Oct 2026
  • Developer of an AI-powered information platform designed to organize medical knowledge and make it useful, accessible, and understandable.
  • OpenEvidence is valued at approximately $15.0B as of Oct 2026, set at its Series E, Sep 2026; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $795.4M across 11 recorded rounds; the latest was Series E ($250.0M) in Sep 2026.
  • Notable investors include Andreessen Horowitz, Byers Capital, Sequoia Capital, GV, Coatue Management — 45 tracked in total.
  • PrivateMarketView tracks 6 recorded secondary trades in OpenEvidence shares.
  • 1 investment vehicle was formed to buy OpenEvidence shares in the last 12 months, reporting $5.8M sold to 79 investors, per SEC Form D filings.
  • Status: Privately Held (backing).
PrivateMarketView mark
MEDIUM confidence
$15.0B

Valued at $15.0B at its Series E, Sep 2026. Nothing has traded since.

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Membership and data by Private Market View

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  • ·Post-money valuations for 9 rounds
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OpenEvidence secondary trades

6 on record · Mar 2026 – May 2026

6 trades between Mar 2026 and May 2026. Exact dates, prices and structures are available to Pro members.

Mar 2026peak 3 prints / monthMay 2026
Individual prints are Pro.Unlock 6 trade prints

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OpenEvidence funding rounds

11 rounds
Sep 2026Series E$250.0M▮
Mar 2026Series D$250.0M▮
Oct 2025Series C$200.0M▮
Jul 2025Series B$210.0M▮
Feb 2025Series A$75.0M▮

Vehicles formed to buy OpenEvidence shares

secondary demand · SEC Form D filings

In the last 12 months, 1 investment vehicle were formed to buy OpenEvidence shares, reporting $5.8M sold to 79 investors. Most recent filing Apr 2026.

The vehicle list — each sponsor, filing date, amount sold and investor count — is a Pro table. Unlock the 1 vehicle →

Membership and data by Private Market View

OpenEvidence leadership

OpenEvidence valuation

OpenEvidence was valued at $15 billion at its Series E in Sep 2026. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

Recent activity

In the last 90 days, OpenEvidence's record added 1 funding round.

How much has OpenEvidence raised?

OpenEvidence has raised $795 million across 11 recorded rounds since 2017. The largest was a $75 million Series A in Feb 2025; the most recent was a $250 million Series E in Sep 2026. 9 of the rounds disclosed a post-money valuation.

OpenEvidence secondary market activity

6 secondary trades in OpenEvidence shares are on record, between Mar 2026 and May 2026. The busiest recent months were Apr 2026 (3 prints). Exact dates, prices and structures are available to Pro members.

Institutional holders and vehicles

In the last 12 months, 1 investment vehicle was formed to buy OpenEvidence shares, reporting $5.8 million sold to 79 investors, per SEC Form D filings (most recent Apr 2026).

OpenEvidence investors

45 investors are on record for OpenEvidence, led by Andreessen Horowitz and Byers Capital. By type, the record holds 22 venture capital firms and 3 family offices. 2 of them led at least one round. The Series E in Sep 2026 drew 2 investors.

Who runs OpenEvidence

6 people are listed on the OpenEvidence team: 3 executives and 3 board members, including Daniel Nadler Ph.D (Co-Founder) and Zachary Ziegler Ph.D (Co-Founder). 6 of them have a verified direct contact on file.

About OpenEvidence

Developer of an AI-powered information platform designed to organize medical knowledge and make it useful, accessible, and understandable. The company's platform offers a curated database of journal content, advanced medical AI search, and patient documentation tools to make more evidence-based decisions and improve patient outcomes, enabling healthcare professionals to access relevant research and promote care decision-making.

Sector
Healthcare
HQ
Miami, FL, United States
Founded
2017
Employees
36
Ownership
Privately Held (backing)

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