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Abridge raised $250M in a Series D funding round co-led by Elad Gil and IVP to enhance AI capabilities and support commercial growth.

PRIVATEFeb 17, 2025

Amount Raised

$250 Million

Round Type

Series D

PittsburghInformation TechnologyHealth CareArtificial IntelligenceMachine Learning

Investors

SV AngelSpark CapitalLightspeed Venture PartnersCVS Health VenturesK. VenturesElad GilIVPRedpoint VenturesCapitalgCvs HealthNVenturesBessemer Venture PartnersCalifornia Health Care Foundation

Description

Abridge has raised a $250 million Series D investment, coinciding with over 100 deployments in major health systems nationwide. The funding will support the development of its new Contextual Reasoning Engine and further enhance its AI platform for clinical workflows.

Quick answer

Abridge raised $250 Million in a Series D round, dated February 17, 2025. Investors: SV Angel, Spark Capital, Lightspeed Venture Partners, CVS Health Ventures, K. Ventures, Elad Gil, IVP and Redpoint Ventures. Abridge is based in Pittsburgh, Pennsylvania, United States.

How much did Abridge raise?
Abridge raised $250 Million in a Series D round on February 17, 2025.
Who invested in Abridge?
SV Angel, Spark Capital, Lightspeed Venture Partners, CVS Health Ventures, K. Ventures, Elad Gil, IVP and Redpoint Ventures 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.

  • Cursor raised $105M (Funding Round) on January 15, 2025.
  • Layer Health raised $21M (Series A) on March 28, 2025.
  • VisualizAI raised $150K (Pre-Seed) on March 25, 2025.
  • Lumonus raised $506K (Seed) on March 20, 2025.
  • brain.space raised $11M (Series A) on March 18, 2025.
  • Nimblemind.ai raised $2.5M (Funding Round) on March 14, 2025.

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Company Information

Company

Abridge

Location

Pittsburgh, Pennsylvania, United States

About

Abridge structures and summarizes information from the most important signals in healthcare — spoken conversations. Abridge’s technology is powered by industry-leading R&D, as evidenced by their depth of peer-reviewed publications in medical conversation AI and user experience design. The company’s audio and ambient AI-centered solutions help clinicians practice at the top of their license and patients stay on top of their health. Whether an appointment takes place in-person or via telemedicine, Abridge captures and documents the conversation to meet the needs of providers, patients, and enterprises. Visit http://www.abridge.com and @AbridgeHQ to get the latest information.

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Abridge raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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