About Ambience
Ambience is a company based in San Francisco (United States) founded in 2020 by Nikhil Buduma and Michael Ng.. Ambience has raised $313 million across 2 funding rounds from investors including OpenAI, Kleiner Perkins and Georgian. Ambience offers products and services including Real-Time Note Generation, Integrated Coding Assistance, After-Visit Summaries, and Referral Letters. Ambience operates in a competitive market with competitors including Iodine Software, Lifen, Nuance, Intellinetics and Layer Health, among others.
- Headquarter San Francisco, United States
- Founders Nikhil Buduma, Michael Ng
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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Annual Revenue
$696.93 (USD)-64as on Dec 31, 2015
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Net Profit
$-52.69 (USD)0as on Dec 31, 2022
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EBITDA
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Total Equity Funding
$313 M (USD)
in 2 rounds
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Latest Funding Round
$243 M (USD), Series C
Jul 29, 2025
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Investors
OpenAI
& 10 more
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Employee Count
Employee Count
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Products & Services of Ambience
Ambience offers a comprehensive portfolio of products and services, including Real-Time Note Generation, Integrated Coding Assistance, After-Visit Summaries, and Referral Letters. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automatically creates clinical notes during patient encounters for accuracy.
Offers real-time suggestions for ICD-10 coding to ensure compliance.
Generates clear summaries for patients to understand care instructions.
Automates letters for seamless physician handoffs and consultations.
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Funding Insights of Ambience
Ambience has successfully raised a total of $313M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $243 million completed in July 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series C — $243.0M
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First Round
First Round
(08 Dec 2023)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Series C - Ambience | Valuation | Oak HC/FT , Andreessen Horowitz | |
| Dec, 2023 | Amount | Series B - Ambience | Valuation | OpenAI , Kleiner Perkins |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ambience
Ambience has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include OpenAI, Kleiner Perkins and Georgian. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm investing in early-stage tech startups
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Founded Year | Domain | Location | |
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location | |
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Early-stage tech and offline focused VC firm funding companies in the US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ambience
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ambience
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ambience Comparisons
Competitors of Ambience
Ambience operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Iodine Software, Lifen, Nuance, Intellinetics and Layer Health, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based clinical documentation integrity and revenue management solutions are provided.
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| domain | founded_year | HQ Location |
Medical documents are exchanged digitally through an online platform.
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| domain | founded_year | HQ Location |
Conversational AI solutions are provided for enterprise customer experiences.
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| domain | founded_year | HQ Location |
Document management and scanning services are provided for multiple sectors.
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| domain | founded_year | HQ Location |
AI-powered software for clinical documentation management in hospitals is developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ambience
Frequently Asked Questions about Ambience
When was Ambience founded?
Ambience was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is Ambience located?
Ambience is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Ambience?
Michael Ng is the current CEO of Ambience. They have also founded this company.
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 Series B of $70M, raised on Dec 08, 2023.
What is the annual revenue of Ambience?
Annual revenue of Ambience is $696.93 as on Dec 31, 2015.
What does Ambience do?
Ambience was founded in 2020 and is headquartered in San Francisco, United States. AI-based medical scribe software is developed for healthcare providers in the health technology sector. The software is integrated into electronic medical record workflows, where clinical notes are automatically generated in seconds. Operations focus on automating documentation processes to support provider efficiency.
Who are the top competitors of Ambience?
Ambience's top competitors include Lifen, Iodine Software and Nuance.
What products or services does Ambience offer?
Ambience offers Real-Time Note Generation, Integrated Coding Assistance, After-Visit Summaries, and Referral Letters.
Who are Ambience's investors?
Ambience has 11 investors. Key investors include OpenAI, Kleiner Perkins, Georgian, Andreessen Horowitz, and Optum Ventures.
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