Ambience Healthcare Raises $243M, Becomes Unicorn

Ambience Healthcare, a San Francisco-based AI startup, has raised $243 million in a Series C funding round led by Oak HC/FT and Andreessen Horowitz, raising its valuation to $1.25 billion and achieving unicorn status. The company specializes in automated clinical documentation and coding, leveraging ambient AI and partnerships with foundation model makers like OpenAI. Ambience's platform integrates directly with electronic health records (EHRs) and adapts to a range of care settings and specialties without requiring workflow changes or retraining. Major health systems, including Cleveland Clinic, UCSF, and Houston Methodist, are using the platform. The funding will help Ambience further refine its technology for complex specialties and expand its nationwide reach. The company’s rapid adoption and high-profile investors highlight the increasing demand for AI-driven healthcare administration solutions.