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
What is OpenEvidence worth?
$15.0BPrivateMarketView mark · Oct 2026

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

Pro
The prices on OpenEvidence
  • ·Every dated print: 6 trades with prices and structures
  • ·Price per share on 6 rounds
  • ·1 investment vehicle formed around OpenEvidence: sponsors, sizes, dates
  • ·Direct lines for 6 people on the team
Pro · $99 a month
List $299 · founding price, locked for as long as you stay

Membership and data by Private Market View

Valuation timeline

8 priced rounds · 32 daily marks since · Nov 2021 – Oct 2026
▮▮
Seedrounds hold their value until the next priced eventMark, today
log scale
Post-money values unlock with a free account.Unlock the axis

Membership and data by Private Market View

OpenEvidence funding history

11 rounds
DateRoundRaisedPost-money
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▮
Jul 2023Series B1$25.0M▮
+ 5 earlier rounds · a free account shows the full history
Unlock post-money valuations

Membership and data by Private Market View

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).

How OpenEvidence's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For OpenEvidence, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by its last priced round. Question about this number? Full methodology →

Frequently asked about OpenEvidence

What is OpenEvidence worth?
OpenEvidence is valued at $15.0B as of Oct 2026. Valued at $15.0B at its Series E, Sep 2026. Nothing has traded since.
How much has OpenEvidence raised?
OpenEvidence has raised $795.4M in total funding across 11 recorded rounds.
When did OpenEvidence last raise?
OpenEvidence last raised in Sep 2026 (Series E), raising $250.0M.