Abridge Inc has raised a total of $773 million over multiple funding rounds, achieving unicorn status in February 2025. Headquartered in Pittsburgh, Pennsylvania, the company provides an AI-based health record platform that enables individuals to record health details and communicate effectively with doctors. The platform captures conversations, highlights key points, and maintains historical records for future reference, improving patient engagement and informed decision-making in clinical care.
Keep reading to explore Abridge Inc’s funding history, key investors, and what’s next for this generative AI and healthcare IT innovator.
What Is Abridge Inc and What Does It Do?
Founded in 2018 and headquartered in Pittsburgh, Pennsylvania, United States, Abridge Inc offers an AI-powered platform that helps individuals record, manage, and communicate health information with healthcare providers. Its platform captures patient-doctor conversations, highlights critical information, and preserves previous records for future consultations.
By providing structured and summarized health insights, Abridge enhances clinical interactions, patient engagement, and overall care quality, thereby supporting better healthcare decisions for both individuals and providers.
How Much Funding Has Abridge Inc Raised?
- Seed Round
- Amount Raised: $25M
- Date: 2018
- Motivation: Platform development and initial product launch.
- Series A
- Amount Raised: $50M
- Date: 2019
- Motivation: Product refinement, clinical validation, and early adoption.
- Series B
- Amount Raised: $132M
- Date: 2021
- Motivation: Expansion of features and platform scalability.
- Series C
- Amount Raised: $100M
- Date: 2023
- Motivation: Growth in healthcare adoption and AI enhancements.
- Series D
- Amount Raised: $250M
- Date: February 17, 2025
- Lead Investors: Elad Gil, IVP
- Motivation: Expansion of AI capabilities and market reach.
- Series E
- Amount Raised: $316M
- Date: June 12, 2025
- Lead Investors: IVP, CapitalG
- Motivation: Achieving unicorn status, global expansion, and product innovation.
Total Funding Raised: $773M
Latest Funding Date: June 12, 2025
Key Investors
- IVP (Institutional Venture Partners)
- Details: Leading venture capital and growth equity firm investing in technology companies.
- Investment Focus Areas: Generative AI, healthcare IT, and enterprise technology.
- Notable Investments: High-growth technology and AI companies.
- CapitalG
- Details: Growth equity investment fund affiliated with Alphabet (Google).
- Investment Focus Areas: AI-driven platforms, healthcare technology, and enterprise software.
- Notable Investments: Innovative startups in healthcare and AI sectors.
Where Is Abridge Inc’s Headquarters?
Abridge Inc is headquartered in Pittsburgh, Pennsylvania, United States, providing access to AI talent, healthcare networks, and strategic investor support.
What’s Next for Abridge Inc?
With unicorn status, Abridge Inc plans to expand its AI-powered health record platform globally, enhance generative AI capabilities, and improve clinical decision-making. The company aims to scale adoption across healthcare providers, optimize patient engagement, and provide advanced tools for recording and summarizing critical health information.
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