Abridge
Healthcare AI
- Valuation
- $5.3B(2025)
- Total Funding
- $460M+
- Profit Status
- Pre-profit,rapid growth
- Employees
- ~400
About Abridge
Abridge is a healthcare AI company that uses generative AI to convert patient-clinician conversations into structured clinical notes in real time, integrated directly into electronic health records like Epic. It reduces physician documentation burden and burnout, and is deployed across many of the largest US health systems. Reached a $5.3B valuation in 2025.
Company History
Founded 2018 by cardiologist Shiv Rao. Pioneered ambient AI documentation for clinicians, deeply integrated with Epic. Adoption accelerated across major US health systems (Kaiser Permanente, UPMC, Mayo Clinic). Raised $150M Series C (Feb 2024), $250M Series D at $2.75B (Feb 2025), then a round at $5.3B valuation (Jun 2025) led by Andreessen Horowitz. One of the fastest-scaling healthcare AI companies.
Company Timeline
4 milestones- 2018Founded by cardiologist Shiv Rao
- Feb 2024$150M Series C; deep Epic integration
- Feb 2025$250M Series D at $2.75B valuation
- Jun 2025Raises at $5.3B valuation led by a16z
Funding Rounds
3 rounds| Date | Round | Amount | Investors |
|---|---|---|---|
| Feb 2024 | Series C | $150M | Lightspeed, Redpoint, Spark Capital |
| Feb 2025 | Series D | $250M | IVP, Elad Gil, $2.75B valuation |
| Jun 2025 | Series E | $300M | Andreessen Horowitz, Khosla Ventures, $5.3B valuation |
Products & Services
4- Abridge for Clinicians
- Ambient clinical documentation
- Abridge Enterprise
- Contextual Reasoning Engine
People & ecosystem
Key People
- Shiv Rao (CEO, co-founder)
- Zachary Lipton (Chief Scientific Officer)
Key Investors
- Andreessen Horowitz
- Lightspeed
- Redpoint Ventures
- IVP
- Spark Capital
- NVIDIA (NVentures)
Competitive Landscape
- Nuance (Microsoft DAX)
- Suki AI
- Ambience Healthcare
- Nabla