Ambience Healthcare

Emerging

Leading ambient AI documentation for health systems. 100+ specialties. $370M raised (~$1B valuation). $30M ARR (May 2025). Founded 2020, SF.

AI Clinical Documentation
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Updated April 2026

Company Overview

About Ambience Healthcare

Ambience Healthcare founded 2020 by Mike Ng (CEO) and Nikhil Buduma, headquartered in SF. End-to-end AI clinical documentation, coding, and workflow support across 100+ ambulatory/ED/inpatient specialties.

Business Model & Competitive Advantage

$243M Series C (July 2025) co-led by Oak HC/FT and a16z, ~$370M total at ~$1B valuation. $30M ARR (May 2025), up from $19M (end 2024). Products: AutoScribe, AutoCDI, AutoAVS, AutoRefer. $2,800-5,000/provider/year.

Competitive Landscape 2025–2026

February 2026: Chart Awareness enabling AI to interpret full patient longitudinal records.

Revenue
$370M
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Key Differentiators

Emerging Innovator

Ambience Healthcare is an emerging player bringing innovative solutions to the Healthcare Tech market.

Growth Stage

Ambience Healthcare has achieved $370M in revenue, demonstrating strong product-market fit.

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