Ambience - About the company
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 360 active competitors, including 36 funded and 11 that have exited. Its top competitors include companies like Nuance, Eleos Health and Lifen.
Sectors and market segments that Ambience operate in
Ambience serves in the HealthTech market segments.The primary business model of Ambience is: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
Post Money Valuation
$1B as on Jul 29, 2025
Investors
Ranked
2nd among 360 active competitors
Employee Count
219 as on Mar 31, 2026
Legal entities associated with Ambience
Ambience is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AMBIENCE HEALTHCARE CIN: 852537589 , United States, Active | Dec 31, 1999 | - | 59 (As on Dec 31, 2024) | - |
Ambience CIN: 43603066565 , Latvia, Active | Sep 30, 2014 | $697 (As on Dec 31, 2015) | 1 (As on Dec 31, 2015) | - |
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Ambience's funding and investors
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 14 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 | - | ||
Dec 08, 2023 | $70M | Series B | - | - |
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Ambience's founders and board of directors
Founder? Claim ProfileThe 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. Michael Ng, Mamoon Hamid and Nikhil Buduma are independent board members.Here is the list of Ambience's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 2y 1m | |
Independent board member | - | Current | 2y 1m | |
Independent board member | - | Current | 2y 1m |
View details of Ambience's Founder profiles and Board Members
Ambience's employee count trend
Ambience has 219 employees as of Mar 26. Here is Ambience's employee count trend over the years:
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Ambience's Competitors and alternates
Top competitors of Ambience include Nuance, Eleos Health and Lifen. Here is the list of Top 10 competitors of Ambience, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Nuance 1992, London (United Kingdom), Acquired | Conversational AI solutions for enterprises | $15.6M | 70/100 | |
2nd |  Ambience 2020, San Francisco (United States), Series C | Provider of AI-based medical scribe software for providers | $313M | 70/100 | |
3rd |  Eleos Health 2019, Boston (United States), Series C | AI-based behavioral health diagnosis and management system for providers | $126M | 68/100 | |
4th | Online platform facilitating digital exchange of medical documents | $89.9M | 67/100 | ||
5th | Suki 2017, Redwood City (United States), Series D | Developer of an AI assistant for clinical documentation and reasoning | $168M | 66/100 | |
6th | Iodine Software 2010, Austin (United States), Acquired | AI-based clinical documentation integrity solution and mid cycle revenue management | - | 64/100 | |
7th |  Layer Health 2011, Cambridge (United States), Series A | AI-powered clinical documentation management software for hospitals | $33.5M | 62/100 | |
8th |  IMO 1994, Rosemont (United States), Acquired | Cloud-based workflow management solutions for healthcare professionals | $2.47M | 59/100 | |
9th |  Pieces Tech 2015, Irving (United States), Series B | AI clinical documentation assistant empowering clinicians to focus on patient care | $88.2M | 57/100 | |
10th |  Wise Docs Tech 2019, Toronto (Canada), Series A | AI and cloud-based clinical documentation solutions for healthcare professionals | $16.2M | 56/100 |
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Ambience's Investments and acquisitions
Ambience has made no investments or acquisitions yet.
Reports related to Ambience
Here is the latest report on Ambience:
News related to Ambience
Filter this listMedia has covered Ambience for a total of 24 events in the last 1 year, 14 of them have been about company updates and 3 about partnerships.
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Ambience Healthcare Recognized as 2026 KLAS/CHIME Trailblazer Award WinnerBusiness Wire•Feb 24, 2026•Ambience
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Ambience Healthcare Launches “Chart Awareness” to Automate Coding and Clinical SummariesHIT Consultant•Feb 12, 2026•Ambience
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Ambience Healthcare Appoints Mike Valli as Chief Revenue Officer and Chief Value OfficerBusiness Wire•Feb 09, 2026•Ambience
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Ambience Healthcare Introduces AI Capability for Inpatient CareHospital Management•Nov 04, 2025•Ambience
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Ambience Healthcare Files Notice to Raise $190 Million in New Fundingintelligence360•Oct 07, 2025•Ambience
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Ambience Healthcare Introduces ICD-10 CDI Assistant for HospitalsHIT Consultant•Sep 30, 2025•Ambience
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Ambience Healthcare Announces Nikhil Buduma as New Chief Executive OfficerAccess Newswire•Sep 22, 2025•Ambience
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Onvida Health and Ambience Healthcare Launch Frontier Ambient AI Capabilities Inside EpicAccess Newswire•Sep 03, 2025•Ambience, Epic Systems, Onvidahealth
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