Abridge raised $150M in a Series C funding led by Lightspeed Venture Partners to accelerate R&D in generative AI for clinical documentation.
Amount Raised
$150 Million
Round Type
Series C
PittsburghInformation TechnologyHealth CareArtificial IntelligenceMachine LearningInvestors
Description
Abridge announced a $150 million Series C investment, building upon the momentum of their product’s rapid uptake among health systems throughout the nation. The round was led by Lightspeed Venture Partners and included support from Redpoint Ventures, IVP, Spark Capital, Union Square Ventures, Bessemer Venture Partners, Wittington Ventures, Mass General Brigham Artificial Intelligence and Digital Innovation Fund (AIDIF), Kaiser Permanente Ventures, and CVS Health Ventures.
Quick answer
Abridge raised $150 Million in a Series C round, dated March 8, 2024. Investors: Kaiser Permanente Ventures, Union Square Ventures, Redpoint Ventures, IVP, Spark Capital, Bessemer Venture Partners, Wittington Ventures and Mass General Brigham Artificial Intelligence And Digital Innovation Fund (Aidif). Abridge is based in Pittsburgh, Pennsylvania, United States.
- How much did Abridge raise?
- Abridge raised $150 Million in a Series C round on March 8, 2024.
- Who invested in Abridge?
- Kaiser Permanente Ventures, Union Square Ventures, Redpoint Ventures, IVP, Spark Capital, Bessemer Venture Partners, Wittington Ventures and Mass General Brigham Artificial Intelligence And Digital Innovation Fund (Aidif) are named as investors in this round.
- What does Abridge do?
- Abridge structures and summarizes information from the most important signals in healthcare — spoken conversations.
- Where is Abridge based and how big is it?
- Abridge is based in Pittsburgh, Pennsylvania, United States. Fundz records about 356 employees.
- Who are the decision-makers at Abridge?
- Fundz holds 2 contacts at Abridge. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Health Care and Artificial Intelligence around the same time
Companies in the same sectors as Abridge that raised within 45 days of this round, from Fundz verified event records.
- Nvidia raised $2.1M (Seed) on February 2, 2024.
- Kepler Vision Technologies raised $1.6M (Seed) on April 12, 2024.
- Manifest Technologies raised an undisclosed amount (Funding Round) on March 28, 2024.
- AITRICS raised $20M (Series B) on March 21, 2024.
- Spectral AI raised $1M (Seed) on March 20, 2024.
- CodaMetrix raised $40M (Series B) on March 12, 2024.
Who to call at Abridge, and when
A new round usually means Abridge is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Abridge raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Abridge, from your own LinkedIn network
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Related People
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