Abridge Overview
- Year Founded
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2018

- Status
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Private
- Employees
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188

- Latest Deal Type
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Later Stage VC
- Latest Deal Amount
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$250M
- Investors
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35
Abridge General Information
Description
Developer of a healthcare application designed to bring context and understanding to every medical conversation. The company's application uses machine learning to offer an audio-based system to record and summarize medical conversations, give insights and meaning to them, enabling users to follow through with the doctors' recommendations and stay updated.
Contact Information
Website
www.abridge.comCorporate Office
- 500 Grant Street
- Suite 2900
- Pittsburgh, PA 15219
- United States
Corporate Office
- 500 Grant Street
- Suite 2900
- Pittsburgh, PA 15219
- United States
Abridge Timeline
Abridge Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
7. Later Stage VC | 11-Oct-2024 | $250M | Completed | Generating Revenue | ||
6. Later Stage VC (Series C) | 22-Feb-2024 | Completed | Generating Revenue | |||
5. Later Stage VC (Series B) | 20-Oct-2023 | Completed | Generating Revenue | |||
4. Later Stage VC (Series A1) | 18-May-2023 | Completed | Generating Revenue | |||
3. Early Stage VC | 11-Aug-2022 | Completed | Generating Revenue | |||
2. Early Stage VC (Series A) | 06-Oct-2020 | $10M | $15M | Completed | Generating Revenue | |
1. Seed Round | 31-Jan-2019 | $5M | $5M | Completed | Startup |
Abridge Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series B | ||||||||
Series A1 | ||||||||
Series A | 2,130,677 | $0.000100 | $4.77 | $4.77 | 1x | $4.77 | 11.37% | |
Seed | 2,187,596 | $0.000100 | $2.43 | $2.43 | 1x | $2.43 | 11.67% |
VC Exit Predictor
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Abridge Comparisons
Industry
Financing
Details
Abridge Competitors (4)
One of Abridge’s 4 competitors is Ambience Healthcare, a Venture Capital-Backed company based in San Francisco, CA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Ambience Healthcare | Venture Capital-Backed | San Francisco, CA | ||||
Nabla | Venture Capital-Backed | Paris, France | ||||
Suki | Venture Capital-Backed | Redwood City, CA | ||||
DeepScribe | Venture Capital-Backed | San Francisco, CA |
Abridge Patents
Abridge Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20240281596-A1 | Edit attention management | Pending | 22-Feb-2023 | ||
US-20240281594-A1 | Artificial intelligence assisted editing | Pending | 22-Feb-2023 | ||
US-20240281710-A1 | Handling multi-loop feedback for machine learning model pipelines | Pending | 22-Feb-2023 | ||
US-20230367973-A1 | Surfacing supplemental information | Pending | 12-May-2022 | ||
US-20230334263-A1 | Automating follow-up actions from conversations | Pending | 13-Apr-2022 | G06F40/40 |
Abridge Signals
Abridge Investors (35)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Atria Ventures | Venture Capital | Minority | ||
CapitalG | Growth/Expansion | Minority | ||
Elad Gil | Angel (individual) | Minority | ||
SV Angel | Venture Capital | Minority | ||
ApSTAT Technologies | Holding Company | Minority |
Abridge FAQs
-
When was Abridge founded?
Abridge was founded in 2018.
-
Where is Abridge headquartered?
Abridge is headquartered in Pittsburgh, PA.
-
What is the size of Abridge?
Abridge has 188 total employees.
-
What industry is Abridge in?
Abridge’s primary industry is Managed Care.
-
Is Abridge a private or public company?
Abridge is a Private company.
-
What is the current valuation of Abridge?
The current valuation of Abridge is
. -
What is Abridge’s current revenue?
The current revenue for Abridge is
. -
How much funding has Abridge raised over time?
Abridge has raised $464M.
-
Who are Abridge’s investors?
Atria Ventures, CapitalG, Elad Gil, SV Angel, and ApSTAT Technologies are 5 of 35 investors who have invested in Abridge.
-
Who are Abridge’s competitors?
Ambience Healthcare, Nabla, Suki, and DeepScribe are competitors of Abridge.
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