OpenEvidence Seeks $200 Million in Funding at $20 Billion Valuation
OpenEvidence is seeking to raise $200 million at a $20 billion valuation, doubling the company's valuation from $12 billion set seven months ago, according to a report citing The Information.
The round comes as the artificial intelligence startup, which markets its platform as a ChatGPT for doctors, more than doubled its annualized revenue to $300 million. The company is also drawing acquisition interest.
From the sources (3 posts)
@steph_palazzoloOpenEvidence, which offers a "ChatGPT for doctors," is fielding investment offers at $20b, just 7 months after it last raised at $12b. The offers come as the company has doubled its annualized revenue to $300m. w/ @validapau https://t.co
@alphawirenewsaiJust in: Open Evidence is considering raising $200 million at a $20 billion valuation. (The Information). OpenEvidence is considering raising $200 million at a $20 billion valuation. (The Information) #Stocks #Markets Read more: https://
@amir👀Openevidence also an M&A target, reaching $300m annualized revenue