Fenwick Represents Ambience Healthcare in $234M Series C Funding

Fenwick represented Ambience Healthcare, an ambient AI documentation company, in its $234 million Series C funding. The round was co-led by Oak HC/FT and Andreessen Horowitz (a16z) with participation from existing investors OpenAI Startup Fund, Kleiner Perkins, Optum Ventures and new investors Town Hall Ventures, Frist Cressey Ventures, Smash Capital, Founders Circle Capital, and Georgian.

Ambience Healthcare will use the funds to scale its platform across health systems nationwide. Additional information can be obtained here.

The Fenwick transaction team was led by corporate partners Michael Esquivel and Will Black and included associates Kasey Wang and Kale Olmstead.