Drooid Logo
Back to today’s briefing

Story perspectives

OpenEvidence Secures $250M, Hits $12B Valuation

5/13/2026

39 5 Full Breakdown

1 of 1

Story summary
  • OpenEvidence raised $250 million, lifting its valuation to $12 billion.
  • The $250 million round was the largest funding round completed by a South Florida startup in Q1 2026.
  • OpenEvidence’s chatbot reviews peer-reviewed literature rather than the general internet to assist physician diagnoses.
  • The company, founded in 2022, moved from Massachusetts to Florida last year.
  • OpenEvidence is expanding in Florida with a national medical society.