Evidently Analysis: $15M Raised
What is Evidently?
Product Features & Capabilities
- Clinical Data Intelligence tools for inpatient and outpatient care
- AI-assisted note drafting and summarization
- Integration with SMART on FHIR-enabled EHR systems
- Customizable reporting for clinical data
- Responsible AI framework ensuring ethical use.
How much Evidently raised
Funding Round - $15.0M
RecentOther Considerations
Gtm Strategy
Evidently employs a hybrid go-to-market (GTM) strategy that combines elements of both product-led growth (PLG) and sales-led approaches. The website emphasizes integration with existing Electronic Health Record (EHR) systems, which facilitates easy access for healthcare organizations. However, there is no prominent option for a free trial or self-service signup, indicating a reliance on sales engagement. The absence of transparent pricing suggests that potential customers may need to contact sales for details, aligning more with a sales-led approach.
Customer testimonials highlight significant improvements, such as a "31.7-point increase in Net EHR Experience Score" and a "6x return on investment" for clients, indicating a structured sales cycle rather than viral adoption. While educational resources are available, they focus on showcasing the product's benefits rather than extensive self-service learning materials. This suggests a strategy that leans towards high-touch relationships with healthcare organizations, optimizing for larger contract values and executive buy-in rather than rapid user adoption.
Reported Clients
- University of Iowa Health Care - They integrated Evidently's clinical data intelligence, resulting in a significant 31.7-point increase in their Net EHR Experience Score.
- Allina Health