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Ambience Healthcare Raises $70M for AI Helper in Healthcare Industry

Chrissie Wong

Chrissie Wong

07 February 2024

Raising $70 million for its AI helper, Ambience Healthcare is led by Kleiner Perkins and OpenAI. The company focuses on creating an operating system for healthcare companies to assist physicians in finishing administrative work. It includes clinical activities associated with various outpatient medical services.

This Series B funding round is co-led by Kleiner Perkins and OpenAI's Startup Fund, with participation from Andreessen Horowitz and Optum Ventures. With this round, the company has raised $100 million in total. The company's co-founders have a background in medical traumas, which has influenced their focus on significant issues in healthcare.

Ambience Healthcare's products cover various ambulatory specializations, assisting physicians in managing administrative processes. OpenAI's investment suggests a technology partnership. While the product does not currently seek to deliver diagnoses, it's not off the roadmap for the future. The healthcare AI industry is competitive, but the potential for impact is significant, driving investments in this field.

Ambience Healthcare aims to provide a full ecosystem of AI products that integrate into practitioners' workflows and advance AI and medicine. The company has assembled an impressive team to achieve this goal, according to a statement from COO of OpenAI and manager of the OpenAI Startup Fund.