Abridge, founded in 2018, is a healthcare technology startup bringing generative AI to the medical field. The platform integrates with electronic health records (EHRs) to help healthcare providers minimize time spent on administrative tasks, enabling a focus on patient care. By summarizing medical notes and conversations, Abridge targets healthcare providers seeking to streamline documentation. The company is headquartered in Pittsburgh, Pennsylvania.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
02/23/2024 | Series C | $150MM | $xx.xx | $845.13MM | Lightspeed Venture Partners, Redpoint Ventures, IVP, Spark Capital, Union Square Ventures, Bessemer Venture Partners, Wittington Ventures, Mass General Brigham, Kaiser Permanente Ventures, CVS | |
Price per Share
$xx.xx
Shares Outstanding
4,527,706
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Lightspeed Venture Partners, Redpoint Ventures, IVP, Spark Capital, Union Square Ventures, Bessemer Venture Partners, Wittington Ventures, Mass General Brigham, Kaiser Permanente Ventures, CVS
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10/26/2023 | Series B | $30MM | $xx.xx | $232.25MM | Spark Capital, Bessemer Venture Partners, CVS Health Ventures, Kaiser Permanente Ventures, Lifepoint Health, Mayo Clinic, SCAN Group, UC Investments, American College of Cardiology | |
Price per Share
$xx.xx
Shares Outstanding
2,735,903
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Spark Capital, Bessemer Venture Partners, CVS Health Ventures, Kaiser Permanente Ventures, Lifepoint Health, Mayo Clinic, SCAN Group, UC Investments, American College of Cardiology
|
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08/11/2022 | Series A-1 | $12.5MM | $xx.xx | $144.48MM | Wittington Ventures, Union Square Ventures, Bessemer Venture Partners, Pillar VC, UPMC Enterprises, Yoshua Bengio, Whistler Capital | |
Price per Share
$xx.xx
Shares Outstanding
1,417,893
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Wittington Ventures, Union Square Ventures, Bessemer Venture Partners, Pillar VC, UPMC Enterprises, Yoshua Bengio, Whistler Capital
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10/06/2020 | Series A | $10.16MM | $xx.xx | $102.98MM | Union Square Ventures, UPMC, Bessemer Venture Partners, Pillar VC, KdT Ventures, Esther Dyson, Aneesh Chopra, Zen Chu | |
Price per Share
$xx.xx
Shares Outstanding
2,130,677
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Union Square Ventures, UPMC, Bessemer Venture Partners, Pillar VC, KdT Ventures, Esther Dyson, Aneesh Chopra, Zen Chu
|
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02/14/2019 | Series Seed | $5.32MM | $xx.xx | $26.59MM | Pillar VC, KdT Ventures | |
Price per Share
$xx.xx
Shares Outstanding
2,187,596
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Pillar VC, KdT Ventures
|