The facts
Ambience Healthcare at a glance.
Read Oct 20, 2026. Valuations and amounts are copied as each source states them; a figure that is only reported (talks, or people familiar with the deal) is labeled as reported.
- Kind of company
- Law, medicine, finance and defenseAI built for one profession or industry.
- Based in
- United States
- Founded
- Not found in our sources
- Last closed-round valuation
- $1.25B$1.25 billion (Fierce Healthcare, Jul 29, 2025)
- What it has shipped
- Has a product
Founders
- Michael Ng: CEO (Fierce Healthcare names him as CEO, not explicitly as founder) (Fierce Healthcare, Jul 29, 2025)
Series C of $243 million at $1.25 billion (latest round verified) Jul 29, 2025
Fierce Healthcare, Jul 29, 2025
What it has built
Shipped, or not yet.
“Has a product” is what our search found: something the public can use or buy, a model or API, research only, or nothing public.
2 rounds
Funding, as reported.
Every round we found, with the amount, valuation and investors as the source states them.
| When | Round | Amount | Valuation | Investors named | Source |
|---|---|---|---|---|---|
| Feb 2024 | Series B | $70 million | Not stated | None named | Fierce Healthcare |
| Jul 29, 2025 | Series C | $243 million | $1.25 billion | Oak HC/FT (co-lead), Andreessen Horowitz (co-lead), OpenAI Startup Fund, Kleiner Perkins, Optum Ventures, Frist Cressey Ventures, Town Hall Ventures, Smash Capital, Georgian, Founders Circle Capital | Fierce Healthcare |
Outside checks
What others have found.
- Cleveland Clinic ran a six-month internal pilot comparing five ambient scribe vendors before signing an exclusive five-year partnership with Ambience (a customer evaluation) (Fierce Healthcare, Jul 29, 2025)
- KLAS Research 2025 Emerging Solutions Top 20 (#1 for Improving Clinician Experience) and 2026 KLAS/CHIME Trailblazer Award, as listed on the company site (not checked on KLAS's own site) (Ambience Healthcare, 2026)
Our note: Funding data is from July 2025 and may be stale. Founding year and founders were not found on fetched pages, so whether it meets the founded-2020-or-later rule is unconfirmed. More than 40 US health systems were customers as of July 2025 (Fierce).
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