About Abridge Inc
Abridge Inc is a company based in Pittsburgh (United States) founded in 2018 by Zachary Zack Lipton, Sandeep Konam, and Shivdev Rao.. Abridge Inc has raised $773.43 million across 7 funding rounds from investors including UPMC, CVS Health and Bessemer Venture Partners. Abridge Inc offers products and services including Abridge AI Platform and Contextual Reasoning Engine. Abridge Inc operates in a competitive market with competitors including Suki, Augmedix, PatientKeeper, MedTrail and NVoq, among others.
- Headquarter Pittsburgh, United States
- Founders Zachary Zack Lipton, Sandeep Konam, Shivdev Rao
-
Sectors
HealthcareTechnology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Abridge Ai, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$773.43 M (USD)
in 7 rounds
-
Latest Funding Round
$315.93 M (USD), Series E
Jun 12, 2025
-
Investors
UPMC
& 28 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Abridge Inc
Abridge Inc offers a comprehensive portfolio of products and services, including Abridge AI Platform and Contextual Reasoning Engine. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Converts patient-clinician conversations into real-time notes for healthcare.
Powers clinically useful notes and billing at point of care.
Unlock access to complete
Unlock access to complete
Software Development Team
28 people
Leadership Team
17 people
Sales and Marketing
10 people
Product Management Team
9 people
Operations Team
7 people
Finance and Accounting
5 people
Staff Team
5 people
Human Resources and Administration
4 people
Unlock access to complete
Funding Insights of Abridge Inc
Abridge Inc has successfully raised a total of $773.43M across 7 strategic funding rounds. The most recent funding activity was a Series E round of $315.93 million completed in June 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series E — $315.9M
-
First Round
First Round
(06 Oct 2020)
- Investors Count 29
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Series E - Abridge Inc | Valuation | a16z | |
| Feb, 2025 | Amount | Series D - Abridge Inc | Valuation | Elad Gil , IVP | |
| Feb, 2024 | Amount | Series C - Abridge Inc | Valuation | Lightspeed Venture Partners , Redpoint Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Abridge Inc
Abridge Inc has secured backing from 29 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include UPMC, CVS Health and Bessemer Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Growth in technology companies is supported through venture capital.
|
Founded Year | Domain | Location | |
|
Venture capital investments and support for entrepreneurs in technology and innovation sectors.
|
Founded Year | Domain | Location | |
|
Growth-stage companies are invested in by CapitalG, Alphabet's independent fund.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Abridge Inc
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Abridge Inc
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Abridge Inc Comparisons
Competitors of Abridge Inc
Abridge Inc operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Suki, Augmedix, PatientKeeper, MedTrail and NVoq, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-backed voice solutions for medical documentation are provided.
|
|
| domain | founded_year | HQ Location |
AI-powered solutions for medical documentation and clinical support are delivered.
|
|
| domain | founded_year | HQ Location |
App-based EHR platform is provided for healthcare providers.
|
|
| domain | founded_year | HQ Location |
AI-powered platform for digitizing prescriptions and enhancing healthcare workflows.
|
|
| domain | founded_year | HQ Location |
Cloud based Speech Recognition Solutions
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Abridge Inc
Frequently Asked Questions about Abridge Inc
When was Abridge Inc founded?
Abridge Inc was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Abridge Inc located?
Abridge Inc is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
Who is the current CEO of Abridge Inc?
Shivdev Rao is the current CEO of Abridge Inc. They have also founded this company.
Is Abridge Inc a funded company?
Abridge Inc is a funded company, having raised a total of $773.43M across 7 funding rounds to date. The company's 1st funding round was a Series C of $150M, raised on Oct 06, 2020.
What does Abridge Inc do?
Abridge Inc. was founded in 2018 in Pittsburgh, United States. An AI-based platform for health records is developed and offered in the health technology sector. Health details are recorded by users, and care needs along with symptoms are communicated to doctors. Recorded conversations are presented during appointments, with key points highlighted. Prior records are stored in the app for ongoing reference. Operations focus on facilitating efficient patient-doctor interactions.
Who are the top competitors of Abridge Inc?
What products or services does Abridge Inc offer?
Abridge Inc offers Abridge AI Platform and Contextual Reasoning Engine.
Who are Abridge Inc's investors?
Abridge Inc has 29 investors. Key investors include UPMC, CVS Health, Bessemer Venture Partners, Lightspeed Venture Partners, and Mayo Clinic.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.