Breaking DeepScribe scores 98.8 in KLAS 2025 Emerging Company Spotlight Deal Ochsner Health rolls ambient AI to 4,700 clinicians across 46 hospitals Product SmartPrep brings pre-visit intelligence to oncology Funding ~$64M raised - Index Ventures, Kaiser Permanente, Mass General Brigham Reach ~90% of U.S. community oncology organizations Breaking DeepScribe scores 98.8 in KLAS 2025 Emerging Company Spotlight Deal Ochsner Health rolls ambient AI to 4,700 clinicians across 46 hospitals Product SmartPrep brings pre-visit intelligence to oncology Funding ~$64M raised - Index Ventures, Kaiser Permanente, Mass General Brigham Reach ~90% of U.S. community oncology organizations
Company Profile AI · Health SAN FRANCISCO · EST. 2017

DeepScribe, and the quiet math of giving doctors their evenings back

An ambient AI that sits in the exam room, listens to the whole conversation, and writes the clinical note - so the person in the white coat can look at the person in the paper gown instead of a keyboard.

DeepScribe product interface showing an ambient AI generating a clinical note from a recorded patient visit, beside the tagline 'More than just documenting care. Simplifying it.'
The company, in one frame. A waveform, a stethoscope, and a phone quietly recording a visit - DeepScribe's own product art, which is really a portrait of the thing it wants to abolish: the doctor typing after everyone has gone home.
2017
Founded
~$64M
Total Raised
4,700
Ochsner Clinicians
~90%
US Community Oncology
98.8
2025 KLAS Score
The Story

A transcription problem, dressed up as a burnout problem

Here is a fact about American medicine that sounds made up but isn't: for roughly every hour a physician spends with patients, they spend close to two more hours on documentation and desk work. Some of that charting happens after the clinic closes, in a genre of unpaid overtime that doctors have nicknamed "pajama time." DeepScribe, a company founded in San Francisco in 2017, exists because someone decided that this arrangement was both bad and, importantly, solvable.

The someone, in this case, was a small founding team - Matthew Ko, Akilesh Bapu, and Kairui Zeng. The origin story is the kind that venture capitalists love and that also happens to be true: Bapu is the son of an oncologist, and grew up watching his father come home late, night after night, buried in paperwork that had nothing to do with medicine and everything to do with the ritual of writing it all down. Years later, oncology would become the exact specialty where DeepScribe planted its flag. Sometimes a company's whole strategy is hiding in its founder's childhood.

The product itself is easy to describe and hard to build. DeepScribe is an "ambient" AI scribe, which means you don't dictate to it and you don't fill out forms. You just talk to your patient the way you normally would. The software listens, using a stack of speech recognition, natural language processing, and machine learning, and then does the tedious part: it pulls the medically relevant information out of a rambling human conversation and arranges it into a proper clinical note, structured the way an electronic health record wants it. The doctor reviews, edits if needed, and signs.

"Turn each patient conversation into a complete, accurate note with real-time insights" is the pitch. The subtext is quieter: stop making the doctor be the stenographer.

Why the note is the whole game

It is worth pausing on why documentation is such a load-bearing problem, because it explains why so much money has flowed into companies like this one. The clinical note isn't just a diary. It's the legal record, the billing basis, the thing that determines whether a visit gets reimbursed and at what level, and - increasingly, under value-based care - the raw material for measuring quality and risk. A note that misses a diagnosis or fails to capture a comorbidity isn't just sloppy; it's money left on the table and a compliance question waiting to happen. So documentation sits at the exact intersection of "clinicians hate doing it" and "the system cannot function without it done well." That is a genuinely attractive place to build a business.

DeepScribe's answer has grown from a single scribe into something closer to a suite. There's the core ambient note. There's DeepScribe Assist, which coaches the clinician live during the visit - surfacing prompts, insights, and HCC-compliance nudges using the MEAT criteria that risk-adjustment coders live by. There's AI Coding, which captures E/M, ICD-10, and HCC codes so the billing and the medicine come out of the same conversation. And there's Customization Studio, which is the part clinicians seem to genuinely warm to.

The customization insight

Customization Studio is DeepScribe's acknowledgment of an awkward truth about doctors: no two of them document the same way, and they will not use a tool that forces them to change. So the studio lets a clinician or an organization define custom physical exams, build "blueprints" for the sections and discrete fields they want captured, and pull previous notes forward to document longitudinal care across visits - a feature that matters enormously in specialties like neurology, rheumatology, and oncology, where the story unfolds over months. Better still, the system watches the edits a clinician makes and proposes future customizations based on them. It is, in effect, an AI scribe that learns your handwriting.

DeepScribe made a decision most AI companies resist: it got narrower. Instead of scribing every specialty adequately, it went deep on oncology - and turned focus into market share.

The oncology bet

Which brings us to the most interesting strategic move in the DeepScribe story. Ambient AI scribing is a crowded field - Abridge, Nuance's DAX under Microsoft, Suki, Nabla, Ambience, and others are all chasing the same doctors. In a crowd, the temptation is to be everything to everyone. DeepScribe went the other way and specialized. The company now says it serves roughly 90% of U.S. community oncology organizations, and it has built an oncology-specific model, marketing materials, and even a podcast ("Beyond the Chart") around the specialty. Oncology is a shrewd choice: the visits are complex, the documentation is unforgiving, the longitudinal history is essential, and the coding stakes are high. If you can be the best in the hardest room, being merely good everywhere else stops mattering.

The proof that the bet is working shows up in the customers. In 2024, Ochsner Health - a 46-hospital system in the Gulf South - selected DeepScribe to deploy ambient AI to 4,700 clinicians. Enterprise health systems are famously slow and famously risk-averse about anything that touches the exam room, so a deal of that size is less a sale than an endorsement. During the pilot, Ochsner reported that 96% of patients said they were likely to recommend their provider - a number DeepScribe is happy to cite, because it points at the softest and possibly most important benefit: when the doctor isn't typing, patients feel looked at.

The money, and the tell in the cap table

DeepScribe has raised roughly $64 million across three rounds: a $5.2 million seed in 2021, a $30 million Series A in early 2022 led by Index Ventures (with angels including Scale AI's Alex Wang and Figma's Dylan Field), and a Series B of about $24 million in late 2023. The Series B is the one worth reading closely, because the investors include Kaiser Permanente, Providence Ventures, and Mass General Brigham - which are not just financiers but exactly the kind of large health systems that buy and deploy ambient AI. When your customers are also your investors, two things are true at once: they've done deep diligence on the product, and they have a strong incentive to see it succeed. It's a comfortable position, if you can get it.

None of this makes DeepScribe a sure thing. The competition is well-funded, the biggest players have distribution advantages through the EHR itself, and "AI writes your medical note" is a category where trust is earned slowly and lost instantly. But DeepScribe has assembled the ingredients that matter in health tech: a real and expensive problem, a focused wedge into it, marquee customers who double as validators, and a 98.8 score from KLAS - the research outfit whose ratings health-system CIOs actually read - with A+ marks across all six categories in its 2025 Emerging Company Spotlight. For a company selling something as intimate as a scribe in the room, that report card is the closest thing to a bedside recommendation.

The tagline on DeepScribe's own marketing reads: "More than just documenting care. Simplifying it." It's a modest line for an ambitious idea. The company is betting that the future of the exam room looks a lot like its past - a doctor, a patient, a conversation - with the one difference that nobody has to remember it all afterward. If that sounds small, ask any physician what they'd do with two hours back at the end of the day.

What You Can Do With It

The stack, from the room to the bill

// ambient scribe → live assist → coding → pre-visit prep
01 / SCRIBE

Ambient AI Scribe

Listens to the natural patient conversation and generates a complete, structured clinical note in real time, ready for the EHR.

02 / STUDIO

Customization Studio

Custom exams, blueprints, and longitudinal note pull-forward. The AI learns from your edits and proposes future customizations.

03 / ASSIST

DeepScribe Assist

Live in-visit prompts, insights, and HCC-compliance guidance using MEAT criteria, with corrections before the note is signed.

04 / CODING

AI Coding

Automated E/M, ICD-10, and HCC capture so documentation and reimbursement come from the same conversation.

05 / PREP

SmartPrep

Pre-visit intelligence for oncology - automatically gathers, organizes, and summarizes patient data before the encounter.

06 / MODEL

HealAI

DeepScribe's healthcare LLM, trained to understand the needs and workflows of each medical specialty rather than one generic template.

From The Exam Room
"96% of pilot patients said they were likely to recommend their provider. When the doctor isn't typing, the patient can tell."
— Reported during Ochsner Health's DeepScribe pilot, 2024
Follow The Money

Funding history

// ~$64M total · three rounds · 2021–2023
RoundAmountDateLead / Notable
Seed$5.2MMay 2021Bee Partners, 1984 Ventures, Stage 2 Capital
Series A$30MJan 2022Index Ventures; angels Alex Wang, Dylan Field
Series B$24MOct 2023Kaiser Permanente, Providence, Mass General Brigham
Capital Raised By Round
Seed '21
$5.2M
Series A '22
$30M
Series B '23
$24M

Figures compiled from public reporting (TechCrunch, Forbes, Crunchbase). Series B amount is approximate. Revenue and valuation are not officially disclosed.

The Record

Timeline

2017

DeepScribe is founded

Matthew Ko, Akilesh Bapu, and Kairui Zeng set out to attack physician documentation burden.

2019

Ambient voice AI launches

Technology that summarizes natural patient-physician conversations into notes ships.

2021

$5.2M seed round

Early backing from Bee Partners, 1984 Ventures, and Stage 2 Capital.

2022

$30M Series A

Index Ventures leads; angels include Scale AI's Alex Wang and Figma's Dylan Field.

2023

Series B & Customization Studio

~$24M raised from health-system investors; Customization Studio ships for specialty workflows.

2024

Ochsner enterprise deal

Ochsner Health selects DeepScribe for 4,700 clinicians across 46 hospitals.

2025

Oncology focus & top KLAS score

Scores 98.8 in the KLAS Emerging Company Spotlight and publishes an oncology outcome study.

2026

SmartPrep launches

Pre-visit intelligence for oncology extends the platform beyond documentation.

The Facts

At a glance

Company file

Legal
DeepScribe, Inc.
Founded
2017
HQ
San Francisco, California
Team
~160 employees
CEO
Matthew Ko (co-founder)
Model
B2B SaaS, per-clinician subscription
EHRs
Epic, iKnowMed, OncoEMR
Rivals
Abridge, Nuance DAX, Suki, Nabla, Ambience
Selected Customers & Partners
  • Ochsner Health — 46 hospitals, 4,700 clinicians
  • Tennessee Oncology · Texas Oncology · One Oncology
  • Rocky Mountain Cancer Centers · Florida Cancer Specialists
  • New York Cancer & Blood Specialists · CARTI
  • Pearl Health — value-based care partnership
Questions

People also ask

What does DeepScribe do?

DeepScribe is an ambient AI medical scribe. It listens to natural doctor-patient conversations and automatically generates complete, structured clinical notes in the EHR, plus supporting coding and pre-visit prep.

Who founded DeepScribe and when?

It was founded in 2017 by Matthew Ko (now CEO), Akilesh Bapu, and Kairui Zeng, and is headquartered in San Francisco.

Is DeepScribe only for oncology?

DeepScribe supports multiple specialties but has focused heavily on oncology, where it says it serves roughly 90% of U.S. community oncology organizations.

How much funding has DeepScribe raised?

Around $64 million total: a $5.2M seed (2021), a $30M Series A (2022, led by Index Ventures), and a ~$24M Series B (2023) with backers including Kaiser Permanente and Mass General Brigham.

Is DeepScribe HIPAA compliant and secure?

Yes - DeepScribe markets itself as HIPAA compliant with end-to-end encryption and a focus on healthcare data security and compliance.