Abridge Stock

www.abridge.comHealthcare / Healthcare softwareFounded: 2018Funding to Date: $207.98MM

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.

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Team

Management Team

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 Members

Andrew Weissman JD
Union Square Ventures

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News Highlights

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

In a Series C funding round Abridge raised $150 million to streamline AI models for healthcare workers.

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.
Updated on: Jun 18, 2024

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