AI Health App OpenEvidence Surges with $12B Valuation, Transforming U.S. Healthcare Access

August 27, 2026
AI Health App OpenEvidence Surges with $12B Valuation, Transforming U.S. Healthcare Access
  • OpenEvidence, an AI app co-founded by Daniel Nadler in 2022, is a clinician-focused platform used by over a million U.S. healthcare professionals to access up-to-date medical information and aid treatment decisions.

  • Founder Nadler frames the mission in terms of impact, citing improved access for rural physicians to subspecialists and broader equity in care, while stressing that the platform cannot replace clinicians.

  • OpenEvidence competes with health offerings from firms like OpenAI and Anthropic, but currently holds a head start in clinician adoption.

  • Growth has come from word-of-mouth and direct physician sign-ups, with the platform training on top scientific journals to deliver rapid, validated answers while complying with patient information laws.

  • OpenEvidence previously partnered with the clinician network Better Evidence during the Ebola crisis to support frontline use.

  • In July 2026 alone, clinicians consulted OpenEvidence 38 million times, with the company projecting that more than 300 million Americans will be treated by a doctor using OpenEvidence this year.

  • Individual doctors, including Sudheesha Perera of Yale, have adopted OpenEvidence for its speed and current-research edge, helping to drive broader institutional buy-in from major hospitals like Mount Sinai and Mayo Clinic along with medical societies.

  • The startup closed a $250 million funding round early this year, led by Thrive Capital and DST, valuing the company at about $12 billion.

  • Despite momentum, Nadler acknowledges lingering skepticism toward health-tech tools and the risk that even well-funded tools can go underutilized in hospital systems.

  • OpenEvidence reported more than $100 million in annualized revenue last year, largely from advertising to pharmaceutical companies, with the goal of keeping the platform free for users.

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Daniel Nadler

Time • Aug 27, 2026

Daniel Nadler

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