EDGE
Get a demo
Log In

Abridge

Telehealth
Hospital Management
Generative AI Applications
Product stageSegments
Early
?
Technology Service Providers
?

Abridge is an AI-focused company that provides automated note-taking solutions for healthcare providers. It uses its medical conversation AI, a dataset of 1.5 million medical encounters, and peer-reviewed research to provide this solution. As of August 2022, Abridge has worked with over 2,000 clinicians and 200,000 patients. The company also has several current and upcoming partnerships with healthcare providers across the value chain from payers to pharmacies to Fortune 5 healthcare companies.

Key customers and partnerships

In March 2024, Abridge partnered with n ot-for-profit health system Sutter Health, to implementing Abridge’s AI platform for clinical documentation across Sutter's network in California.

Funding and financials

In February 2024 Abridge raised USD 150 million in a Series C funding round co-led by Lightspeed Venture Partners and Redpoint Ventures. This brought the company's valuation to around USD 850 million. The raised capital was set aside for recruitment and the acquisition and training of bespoke medical AI models.

Key stats
Featured companies
278
Total funding (USD)
20.3 Bn
Total addressable market (USD)
51.5 Bn
Key competitors
 
Loading...
Loading...
Loading...
Loading...
Product Overview
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Product Metrics
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Company profile
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...

EDGE Insights

Digital Health (Q1 2024): Telehealth-driven recovery in funding kick-starts the year

Recent Updates

Partnerships
Apr 16, 2024
MemorialCare partners with Abridge to streamline clinical documentation
Telehealth
Partnerships
Mar 27, 2024
Abridge partners with Sutter Health to improve clinical documentation with AI platform
Telehealth
Partnerships
Funding
Mar 19, 2024
Abridge receives investment and partners with NVIDIA to improve clinical documentation through GenAI
Generative AI Applications
Partnerships
Mar 13, 2024
Abridge partners with UCI Health to improve clinical documentation with GenAI
Generative AI Applications
Funding
Feb 23, 2024
Abridge raises USD 150 million in Series C funding for recruitment and developing bespoke AI models
Telehealth
Funding
Feb 23, 2024
Abridge raises USD 150 million in Series C funding to accelerate R&D
Generative AI Applications

Company Brief


HQ location:
Pittsburgh PA USA
Founded year:
2018
Employees:
51-100
Total Funding:
USD 207.5 million
Last Funding
USD 150.0 million, Feb 2024

Funding


Investors


No investor data is available

Funding data are powered by Crunchbase
arrow
menuarrow
Click here to learn more
Get a demo

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.