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Funding
Abridge raises USD 30 million in Series B funding round
Telehealth
Oct 26, 2023
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Telehealth
Oct 26, 2023

Abridge raises USD 30 million in Series B funding round

Funding

  • Abridge, an AI-based automated note-taking solution provider, has raised USD 30 million in a Series B funding round led by Spark Capital, along with participation from other investors. This brings the total funds raised by the company to USD 57.5 million.

  • The funding will be used to support large-scale health system rollouts and product development initiatives. 

  • The company notes that its solution has been deployed in multiple health systems, including The University of Kansas Health System and the University of Pittsburgh Medical Center. Additionally, Abridge claims its solution saves clinicians over two hours a day from administrative tasks.

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