When was Ambience founded?

Ambience was founded in 2020 and became a unicorn in 2025, reaching the milestone in 5 years. It raised its 1st funding round 3 years after its incorporation.

Where is Ambience located?

Ambience is headquartered in San Francisco, United States.

How many employees does Ambience have?

As of Sep 30, 2026, the latest employee count at Ambience is 263.

Is Ambience a funded company?

Ambience is a funded company, having raised a total of $313M across 2 funding rounds to date. The company's 1st funding round was a $70M Series B round, raised on Dec 08, 2023.

How much is Ambience worth?

The latest valuation of Ambience is $1B as of Dec 31, 2025.

When was the latest funding round of Ambience?

Ambience's latest funding was a $243M Series C round on Jul 01, 2025, with participation from 10 investors.

Is Ambience a Healthcare IT company?

The primary sector of Ambience is Healthcare IT.

Where does Ambience rank among its competitors?

Ambience ranks 1st amongst 1236 active competitors, of which 100 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Suki, which secured $90M in Oct, 2026.

Who are the top competitors of Ambience?

Ambience's top competitors include Nuance, Eleos Health and Suki. Among them, Suki secured the most recent funding round in October, 2026.

Ambience - 2026 Company Profile, Team, Funding & Competitors

Ambience is a series C company based in San Francisco (United States), founded in 2020 by Nikhil Buduma and Mike Ng. It operates as a Provider of AI-based medical scribe software for providers. Ambience has raised $313M in funding from investors like Andreessen Horowitz, Oak HC/FT and OpenAI, with a current valuation of $1B. The company has 1236 active competitors, including 100 funded and 86 that have exited. Its top competitors include companies like Nuance, Eleos Health and Suki.

Sectors and market segments that Ambience operate in

Ambience serves in the HealthTech market segments.The primary business model of Ambience is:

HealthTech > Healthcare IT > ***** **** > ***** ******

Company Details

Provider of AI-based medical scribe software for providers. The company offers a fully automated AI medical scribe that Embeds into EMR workflows and generates notes within seconds.

Website: www.ambiencehealthcare.com/
Email ID: *****@ambiencehealthcare.com

Key Metrics

Founded Year

2020

Location

San Francisco, United States

Stage

Series C

Total Funding

$313M in 2 rounds

Latest Funding Round

Series C, Jul 01, 2025, $243M

Post Money Valuation

$1B as on Dec 31, 2025

Investors

Andreessen Horowitz & 15 more

Ranked

1^st among 1236 active competitors

Employee Count

263 as on Sep 30, 2026

Similar Companies

Nuance & 623 more

View Ambience's full profile

Ambience is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Ambience CIN: 43603066565 , Latvia, Active	Sep 30, 2014	€0 - €1M (As on Dec 31, 2015)	1 (As on Dec 31, 2015)	-
AMBIENCE HEALTHCARE CIN: 852537589 , United States, Active	Dec 31, 1999	-	59 (As on Dec 31, 2024)	-

Ambience has raised a total funding of $313M over 2 rounds. Its first funding round was on Dec 08, 2023. Its latest funding round was a Series C round on Jul 01, 2025 for $243M. 10 investors participated in its latest round. Ambience has 16 institutional investors.

Here is the list of recent funding rounds of Ambience:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 01, 2025	$243M	Series C	$1B	-	Oak HC/FT, Andreessen Horowitz	OpenAI Startup Fund, Kleiner Perkins, Optum Ventures, Frist Cressey Ventures, Town Hall Ventures, Smash Capital, Georgian, Founders Circle Capital
Dec 08, 2023	$70M	Series B	-	-	OpenAI, Kleiner Perkins	Andreessen Horowitz, Optum Ventures

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View details of Ambience's funding rounds and investors

The founders of Ambience are Nikhil Buduma and Mike Ng.

Here are the details of Ambience's key team members:

Nikhil Buduma: Co-Founder of Ambience. They serve on the board of 1 company.
Contact Info: 2 email addresses
Mike Ng: Co-Founder of Ambience.

Ambience's Board of Directors

Ambience's board has 3 active members. Mamoon Hamid, Michael Ng and Nikhil Buduma are independent board members.

Here is the list of Ambience's board of directors:

Name	Type	Representing	Status	Duration
Mamoon Hamid	Independent board member	-	Current	2y 8m
Michael Ng	Independent board member	-	Current	2y 8m
Nikhil Buduma	Independent board member	-	Current	2y 8m

View details of Ambience's Founder profiles and Board Members

Ambience's employee count trend

Ambience has 263 employees as of Sep 26. Here is Ambience's employee count trend over the years:

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Top competitors of Ambience include Nuance, Eleos Health and Suki. Here is the list of Top 10 competitors of Ambience, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ambience 2020, San Francisco (United States), Series C	Provider of AI-based medical scribe software for providers	$313M	Founders Circle Capital, Georgian & 14 others	71/100
2nd	Nuance 1992, Burlington (United States), Acquired	Developer of speech recognition software for healthcare and productivity applications	$15.6M	Intel, Goldman Sachs & 20 others	70/100
3rd	Eleos Health 2019, Boston (United States), Series C	AI-based behavioral health diagnosis and management system for providers	$126M	F-Prime Capital, aMoon & 16 others	70/100
4th	Suki 2017, Redwood City (United States), Series E	Developer of an AI assistant for clinical documentation and reasoning	$258M	Venrock, First Round Capital & 20 others	68/100
5th	Lifen 2015, Paris (France), Series C	Online platform facilitating digital exchange of medical documents	$89.9M	Serena, Creadev & 13 others	67/100
6th	Cirdan Imaging 2010, Lisburn (United Kingdom), Series B	Laboratory Information System for clinical laboratories	$27.6M	Invest Northern Ireland, Kernel Capital & 41 others	65/100
7th	Ovation 2009, Cambridge (United States), Series B	Provider of a cloud-based laboratory information and data management platform for researchers and clinicians	$33.3M	SignalFire, Madrona & 8 others	65/100
8th	Quartzy 2009, Hayward (United States), Series C	Provider of web-based platform for labs management	$56.9M	Eminence Capital, Orthogonal Thinker & 20 others	65/100
9th	Uncountable Data 2016, San Francisco (United States), Series A	Developer of a unified platform for research and development data management	$27M	Sageview Capital, MK Capital & 4 others	63/100
10th	Labforward 2013, Berlin (Germany), Acquired	Laboratory data, devices, and researchers collaboration platform	$10.2M	IBB Ventures, Vogel Communications Group ... & 13 others	61/100