How Much Did Evidently Raise? Funding & Key Investors

Date August 22, 2025
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Evidently

COMPANY INFO

Evidently, Inc. is a healthcare enterprise systems company founded in 2020 and headquartered in Palo Alto, California. Founded by Feng Niu, the company has about 22-24 employees and provides a cognitive AI platform that automates clinical documentation, research, and population health tasks to help clinicians improve patient care and reduce burnout.

How Much Did Evidently, Inc. Raise? Funding & Rounds and Investors

Evidently, Inc. is a healthcare enterprise systems company founded in 2020 by Feng Niu and Jaeho Shin. Headquartered in Palo Alto, California, Evidently, Inc. operates with a team of approximately 24 employees and specializes in cognitive AI platforms. Their technology automates clinical documentation, research, and population health tasks, helping clinicians improve patient care, reduce burnout, and streamline healthcare workflows in the enterprise systems segment.

Evidently, Inc. funding efforts have shown significant traction since its inception. The company has successfully raised a total of $15 million across multiple funding rounds, spanning from a pre-seed launch to a recent Series A round. Evidently, Inc. has strategically secured capital from leading investors in healthcare and technology, using each funding round to build and scale its AI-powered clinical solutions. The company's approach demonstrates a strong emphasis on innovation, rapid market entry, and expansion in clinical research analytics and population health tools.

Funding Rounds

Series A - $15 Million - 2024-12-09

This Series A round was raised to meet increasing product demand and enable expansion into population health and clinical research analytics, accelerating Evidently, Inc.’s growth and capabilities in healthcare AI.

Seed - $1.02 Million - 2021-09-16

The Seed funding was focused on early product development, supporting Evidently, Inc. as it began market entry and outlined its initial roadmap for healthcare AI solutions.

Pre-Seed - $125,000 - 2021-08-31

The Pre-Seed round provided capital for the company's initial launch and development of its core cognitive AI product offering.

Key Investors

DN Capital

DN Capital served as the lead investor in Evidently, Inc.’s Series A round. The venture capital firm is recognized for backing high-growth technology companies and played an instrumental role in propelling the company’s expansion into broader healthcare analytics.

Flashpoint

Flashpoint was a lead investor in the Seed round, providing critical early-stage funding that enabled Evidently, Inc. to accelerate product development and gain initial market traction in healthcare AI.

Clear Ventures

Clear Ventures is a notable venture capital firm specializing in enterprise technology investments, supporting Evidently, Inc.’s growth initiatives and fostering the development of enterprise AI tools in healthcare.

Fellows Fund

Fellows Fund invests in promising early-stage startups and contributed to Evidently, Inc.’s investment rounds, supporting innovation in AI-driven clinical documentation and healthcare system automation.

Framework Ventures

Framework Ventures, known for investing in technology-driven companies, played a role in Evidently, Inc.’s funding by enabling technological advancement and product robustness.

Stephens

As an established investment firm, Stephens provided capital and strategic guidance, supporting Evidently, Inc.’s funding strategy and business expansion.

Atomico

Atomico is a venture capital firm that backs emerging tech innovators and contributed to Evidently, Inc.’s funding, backing its approach to AI and clinical data automation in healthcare.

Y Combinator

Y Combinator supported Evidently, Inc. through its renowned accelerator program, offering seed funding, mentorship, and access to a robust investor network, accelerating the company’s early progress.

Runa Capital

Runa Capital, focused on deep tech investments, provided financial backing to Evidently, Inc., supporting the advancement of its AI healthcare systems.

Nauta Capital

Nauta Capital invests in enterprise software and B2B technology. Their participation in Evidently, Inc. funding strengthened the company’s capacity to scale and innovate within healthcare AI.

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