Abridge

Intelligence at the point of conversation

SaaS 📍 Pittsburgh, Pennsylvania Founded 2018

Current Valuation

$5.7B

as of 2025-Q2

UNICORN

Abridge is an enterprise-grade AI platform that transforms clinical conversations into structured documentation and actionable insights. Founded by cardiologist Dr. Shiv Rao in 2018, the company uses generative AI and ambient listening to capture patient-clinician conversations and automatically generate clinical notes, reducing administrative burden and allowing clinicians to focus on patient care. The platform integrates with Epic EHR systems and supports 55 medical specialties across 28 languages, serving over 150 health systems including Kaiser Permanente, Mayo Clinic, Johns Hopkins, and UPMC.

Company Profile

CEO

Shiv Rao

Founded

2018

Pittsburgh, Pennsylvania

Employees

488

Total Raised

$1.0B

Est. Revenue

$100M (2025-Q2)

Growth

900% YoY ARR growth; deployed to 150+ enterprise health systems; tracking 50M+ medical conversations annually

Last Round

Series E — $300M (Jun 2025)

IPO Status

Private

Founders & Key People

Shiv RaoSandeep KonamFlorian Metze

Investors

Andreessen Horowitz · Lightspeed Venture Partners · Bessemer Venture Partners · Redpoint · Spark Capital · Kaiser Permanente Ventures · CVS Health Ventures · Khosla Ventures · California Health Care Foundation · NVIDIA NVentures · WndrCo · Emerson Collective · UPMC

Products

AI ambient clinical documentation
Epic integration
Payer-specific note types
Abridge Contextual Reasoning Engine
Clinical Decision Support
Real-time prior authorization
Revenue cycle intelligence
Abridge Inside for Inpatient
Outpatient Orders for Epic
Nursing documentation solutions

Competitors

Nuance DAX (Microsoft) · Suki · Augmedix · DeepScribe · Nabla · Ambience Healthcare · Heidi Health · Freed

Healthcare AIClinical documentationGenerative AIMedical scribeHealthcare technologyEHR integrationRevenue cycle managementAmbient listeningNatural language processing