Abridge, a Pittsburgh- and San Francisco-based startup, has raised a $300M Series E led by Andreessen Horowitz to scale its AI that turns medical conversations into structured documentation. Now valued at $5.3B, Abridge aims to eliminate clinician burnout by automating the most tedious part of healthcare: note-taking.
⢠Transcribes and summarizes clinicianâpatient conversations using ambient AI
⢠Extracts structured data like ICD-10 and HCC codes at the point of care
⢠Integrated with EHRs like Epic to support billing, referrals, and medical orders
⢠Deployed in 150+ systems, processing over 50M conversations annually
⢠Covers 55 specialties and 28 languages; >90% clinician retention after onboarding
⢠Reduces documentation time by 60â70% across clinical workflows
⢠Founded by cardiologist Dr. Shiv Rao and backed by top-tier VCs including Khosla Ventures
⢠Now over 100 employees across engineering and clinical operations
⢠Expanding into inpatient settings and deeper EHR integrations post-funding
As hospitals face soaring admin costs and clinician burnout, Abridge is betting that listeningâthen writingâcan be the most valuable AI skill in medicine.
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