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Abridge Abridge Stock
$2.75B
Series D Valuation, Nov 2024
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Abridge Stock Price

Forge Price 1
Price not yet available
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

Abridge Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
11/14/2024 Series D $250MM $xx.xx $2.75B Elad Gil, Ivp
Price per Share
$xx.xx
Shares Outstanding
2,777,466
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Elad Gil, Ivp
02/23/2024 Series C $150MM $xx.xx $850MM Bessemer Venture Partners, Cvs, Ivp, Kaiser Permanente Ventures, Lightspeed Venture Partners, Mass General Brigham, Redpoint Ventures, Spark Capital, Union Square Ventures, Wittington Ventures
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
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bessemer Venture Partners, Cvs, Ivp, Kaiser Permanente Ventures, Lightspeed Venture Partners, Mass General Brigham, Redpoint Ventures, Spark Capital, Union Square Ventures, Wittington Ventures
10/26/2023 Series B $30MM $xx.xx $232.25MM American College Of Cardiology, Bessemer Venture Partners, Cvs Health Ventures, Kaiser Permanente Ventures, Lifepoint Health, Mayo Clinic, Scan Group, Spark Capital, Uc Investments
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
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
American College Of Cardiology, Bessemer Venture Partners, Cvs Health Ventures, Kaiser Permanente Ventures, Lifepoint Health, Mayo Clinic, Scan Group, Spark Capital, Uc Investments
08/11/2022 Series A-1 $12.5MM $xx.xx $144.48MM Bessemer Venture Partners, Pillar Vc, Union Square Ventures, Upmc Enterprises, Whistler Capital, Wittington Ventures, Yoshua Bengio
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
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bessemer Venture Partners, Pillar Vc, Union Square Ventures, Upmc Enterprises, Whistler Capital, Wittington Ventures, Yoshua Bengio
10/06/2020 Series A $10.16MM $xx.xx $102.98MM Aneesh Chopra, Bessemer Venture Partners, Esther Dyson, Kdt Ventures, Pillar Vc, Union Square Ventures, Upmc, 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
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Aneesh Chopra, Bessemer Venture Partners, Esther Dyson, Kdt Ventures, Pillar Vc, Union Square Ventures, Upmc, Zen Chu
02/14/2019 Series Seed $5.32MM $xx.xx $26.59MM Kdt Ventures, Pillar Vc
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
0.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Kdt Ventures, Pillar Vc
Company Details
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.
Founded
2018
Post-Money Valuation 3
$2.75B
Total Funding
$457.98MM
LFR Price per Share
$xx.xx
Last Funding Share Class
Series D
Abridge Stock FAQs
To buy and sell Abridge stock
Can you buy Abridge stock?
As Abridge is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Abridge, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
How to buy Abridge stock?

To invest in a private company like Abridge through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
Can you sell Abridge stock?
Yes, you may sell the Abridge stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
How to sell Abridge stock?

If you hold private company shares of Abridge – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your Abridge on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
To learn more about Abridge stock
Is Abridge a public company?
No, Abridge is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
What is Abridge’s stock price?
Abridge is a privately held company and therefore does not have a public stock price. However, you may access Abridge private market stock price with Forge Data.
What is Abridge’s stock ticker symbol?
Abridge does not have an official ticker symbol because this company is not currently publicly traded.
Can institutional investors buy and sell private market stocks?
Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Abridge Investors Also Invested in These Private Companies

Aneesh Chopra
American College Of Cardiology
Scan Group
Whistler Capital Partners
Zen Chu
Lightspeed Venture Partners
Esther Dyson
Lifepoint Health
Wittington Ventures
Mass General Brigham
Yoshua Bengio
Iks Health
American College Of Cardiology Foundation
Whistler Capital

Leadership & Board

Leadership

Shivdev Rao MD
Co-Founder & Chief Executive Officer
Julia Chapin
Chief Operating Officer
Sandeep Konam
Co-Founder & Chief Technology Officer
Zachary Lipton Ph.D
Chief Technology Officer, Chief Science Officer & Scientific Advisor
Tina Shah
Chief Clinical Officer
Brian Wilson
Chief Commercial Officer
Lindsey Spellman
Head of Marketing

Board

Andrew Weissman JD
Union Square Ventures

Abridge News and Media Highlights

Healthcare startup Abridge raises $150 mln for AI model for clinicians

Abridge, a startup building artificial intelligence-powered clinical documentation tools, has raised $150 million in a Series C round, the company told Reuters, as more investors seek exposure to industry-specific generative AI applications. The funding, led by Lightspeed Venture Partners and Redpoint Ventures, valued Abridge at about $850 million. The company last raised funds just four months ago and was then valued at over $200 million, according to PitchBook data.

Abridge clinches $150M to build out generative AI for medical documentation

Investors continue to pour money into generative AI startups, and Abridge is riding this wave as it rapidly scales its technology across U.S. health systems. The Pittsburgh-based startup banked a hefty $150 million series C funding round to invest in more research and development to build bedrock foundation models to power both improvements to the company's existing technology and new products, CEO Shivdev Rao, M.D., told Fierce Healthcare.

Abridge raises $30M to Accelerate Adoption of its Proven Generative AI Solution across U.S. Healthcare Systems

Abridge, the leader in generative AI for clinical documentation, announced a Series B raise of $30 million, led by Spark Capital. The round also included existing investor Bessemer Venture Partners, as well as several leading healthcare innovators including CVS Health Ventures, Kaiser Permanente Ventures, Lifepoint Health, Mayo Clinic, SCAN Group, UC Investments (University of California), and the American College of Cardiology.

CVS, Mayo Clinic, Spark Capital back Abridge's $30M round to scale up generative AI-powered notetaking for doctors

Abridge launched in 2018 and uses AI to increase the speed and accuracy of medical note-taking, leveraging a proprietary dataset derived from more than 1.5 million medical encounters. Around 5,000 doctors currently use the company's software, which automatically converts a patient-clinician conversation into a structured clinical note draft in real-time. The company banked $30 million in a series B raise to support large-scale health system rollouts of its technology and accelerate product advances that will create additional value for patients, clinicians and health systems, the company said.
Browse Insights
Other Companies Like Abridge in the Healthcare software Sector
Sector: Healthcare
Subsector: Healthcare software
Last Funding Round
Company Forge Price Forge Price Change 5 Last Closed Trade Share Class Post-Money Valuation Price per Share Amount Raised
HealthSherpaHealthSherpa----$xx.xx--------
Hippocratic AIHippocratic AI----$xx.xxSeries B$1.64B$xx.xx$141MM
InnovaccerInnovaccer$7.39+89.49%$xx.xxSeries F-1$3.88B$xx.xx$153.04MM
Insilico MedicineInsilico Medicine----$xx.xx--------
Maze TherapeuticsMaze Therapeutics----$xx.xxSeries D$551.86MM$xx.xx$73.3MM
Rad AIRad AI----$xx.xxSeries B-1$276.13MM$xx.xx$33.21MM
SukiSuki----$xx.xxSeries D$283.39MM$xx.xx$50MM
TraceLinkTraceLink----$xx.xxSeries D$657MM$xx.xx$60MM
VinetiVineti----$xx.xxSeries C$216.51MM$xx.xx$60MM
Viz.aiViz.ai----$xx.xxSeries D$1.28B$xx.xx$120MM

Updated on: Jan 17, 2025

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