# Mike Ng

> Mike Ng is the San Francisco-based co-founder, president and chairman of Ambience Healthcare. A University of Sydney commerce graduate and MIT Sloan MBA, he worked at Morgan Stanley and Calera Capital before co-founding Remedy Health with Nikhil Buduma in 2016 and Ambience in 2020. He served as Ambience CEO until September 2025, then moved into a full-time role focused on long-term vision and strategy.

- **Role:** Co-Founder, President & Chairman at Ambience Healthcare
- **Organizations:** Ambience Healthcare, Remedy Health, Morgan Stanley, Calera Capital, Sumo Logic
- **Education:** Bachelor of Commerce, University of Sydney, MBA, MIT Sloan School of Management
- **Known for:** Co-founded two companies with Nikhil Buduma: Remedy Health and Ambience Healthcare., Led Ambience as founding CEO from 2020 to September 2025., Ambience reported more than 200 employees at its September 2025 leadership transition.

## Career timeline

- **2009** — Graduated with a Bachelor of Commerce from the University of Sydney.
- **Before 2014** — Worked in investment banking at Morgan Stanley and private equity at Calera Capital.
- **2014** — Entered MIT Sloan; met Nikhil Buduma at the t=0 entrepreneurship celebration during his first week.
- **2016** — Completed his MBA and co-founded Remedy Health in San Francisco, serving as COO.
- **2020** — Co-founded Ambience Healthcare with Buduma and became CEO.
- **2024** — Ambience raised a $70 million Series B co-led by Kleiner Perkins and OpenAI Startup Fund.
- **2025** — Ambience raised a $243 million Series C in July. On September 22, Buduma became CEO and Ng became full-time president and chairman.

## Achievements

- Co-founded two companies with Nikhil Buduma: Remedy Health and Ambience Healthcare.
- Led Ambience as founding CEO from 2020 to September 2025.
- Ambience reported more than 200 employees at its September 2025 leadership transition.
- Developed a time-series prediction model at the University of Sydney; his Forbes Technology Council biography says it has been cited in publications and textbooks.

## Latest updates

- **2026-08** — Featured in a University of Sydney alumni profile discussing curiosity, statistics, finance, and company building.
- **2026-01** — Appeared on Rev Cycle Unscripted as co-founder and president.
- **2025-09** — Moved from CEO to full-time president and chairman; co-founder Nikhil Buduma became CEO.

## Links

- Website: https://www.ambiencehealthcare.com/
- LinkedIn: https://www.linkedin.com/in/mike-ng-501810a3/

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Profile page: https://yespress.io/mike-ng
Published by YesPress — https://yespress.io
Last updated: 2026-10-13