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Abridge

๐Ÿ”ฅ HOT

How Abridge stacks up in AI Healthcare โ€” funding data, key investors, and more.

Updated Mar 23, 2026

Out of 100

๐Ÿ‡บ๐Ÿ‡ธ

HQ

United States

๐Ÿ—“

Founded

2018

๐Ÿ’ฐ

Raised

$800M

๐Ÿท๏ธ

Stage

Series E

๐Ÿ‘ฅ

Team

120

$5.3B

Post-money

$800M

All rounds

76/100

2018

120 employees

๐Ÿ’ตEst. Annual Revenue
$50Mโ€“$500M estimated ARR

Awaira estimate based on public data. Not financial advice.

Abridge is an AI health company founded in 2018 that develops clinical documentation and conversation intelligence tools for healthcare providers. The company's core product uses artificial intelligence to automatically generate clinical notes from patient-physician conversations, addressing the administrative burden that consumes significant physician time. Abridge's technology uses naturalโ€ฆ

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Strengths

โœ“

Unicorn status with $5.3B valuation

โœ“

Strong Awaira Score of 76/100

โœ“

Growing team of 120 employees

Analysis based on publicly available data. Not investment advice.

Abridge is a AI unicorn in the AI Healthcare sector. Founded in 2018, the company is currently at the Series E stage with a team of approximately 120 employees. With $800M in total disclosed funding, Abridge has demonstrated the ability to attract institutional capital. The company competes with 3 other tracked AI Healthcare companies on Awaira, including Butterfly Network and Tempus.

Awaira Score

76/100

Valuation

$5.3B

Total Funding

$800M

Founded

2018

Employees

120

Stage

Series E

4

Total Rounds

$69M

Avg Round Size

4.1yr

Funding Span

Abridge raised 4 rounds over 4.1 years, averaging $69M per round โ€” a pace of roughly one round every 12 months.

Abridge holds unicorn status in the AI Healthcare space, placing it among the highest-valued private AI companies globally.

Among 3 tracked competitors, Abridge ranks #3 by valuation โ€” a metric investors and analysts use to gauge market standing.

Tracking Abridge on Awaira provides real-time updates on funding rounds, investor activity, and competitive moves in the AI Healthcare market.

Metricโ˜…AbridgeButterfly NetworkTempusAlan
Awaira Score76/10085/10084/10083/100
Total Raised$800M$370M$1.05B$750M
Valuation$5.3B$957M$8.1B$5.83B
StageSeries EPublicPublicSeries D
Founded2018201120152016
Employees120500-10002500500-1000
Country๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ซ๐Ÿ‡ท
S

Shiv Rao

Founder & CEO

View founder profile โ†’
StageSeries E
Employees120
Country๐Ÿ‡บ๐Ÿ‡ธ United States
Connect
Inactive
4 rounds
Series CLatest

Kleiner Perkins, Lerer Hippeau, Khosla Ventures

$150M

Jan 2023

Series B

$30M

Jan 2022

Series A

Kleiner Perkins, Khosla Ventures

$27M

Jan 2021

Seed

Undisclosed

Jan 2019

Frequently Asked Questions

What is Abridge's valuation?โ–พ
The current market valuation is approximately $5.3B, based on publicly available funding data.
Who invested in Abridge?โ–พ
On the cap table: Kleiner Perkins, Lerer Hippeau, Khosla Ventures. Their combined backing has helped fund operations and expansion.
When did Abridge last raise funding?โ–พ
Capital was most recently raised through a Series C of $150M in January 2023.
How many employees does Abridge have?โ–พ
The team is roughly 120 people, headquartered in United States.
What does Abridge do?โ–พ
Abridge is an AI health company founded in 2018 that develops clinical documentation and conversation intelligence tools for healthcare providers. The company's core product uses artificial intelligence to automatically generate clinical notes from patient-physician conversations, addressing the administrative burden that consumes significant physician time. The company operates in the AI Healthcare sector from United States.
Who founded Abridge?โ–พ
Behind the company is Shiv Rao, who got it off the ground in 2018 in United States. Shiv Rao serves as Founder & CEO.
Is Abridge profitable?โ–พ
Whether the company is profitable hasn't been confirmed publicly. It has raised $800M in total funding and is classified at the Series E stage.
Where is Abridge headquartered?โ–พ
Home base is United States ๐Ÿ‡บ๐Ÿ‡ธ. The AI Healthcare company was founded in 2018 and operates from there.