Augmedix

San Francisco, United States Founded: 2012 • Age: 14 yrs Acquired By Commure
AI-powered solutions for medical documentation and clinical support are delivered.
Annual revenue $653,988 Latest available
Total funding $118.3M 12 rounds
Employees 133 Tracked headcount
Investors 19 Known backers
Products 2 Services tracked
Competitors 5 Brand Intelligence

About Augmedix

Augmedix is a company based in San Francisco (United States) founded in 2012 was acquired by Commure in October 2024. It operates as a AI-as-a-Service and Subscription Services. Augmedix has raised $118.31 million across 12 funding rounds from investors including HCA Healthcare, Kleiner Perkins and McKesson. The company has 133 employees as of March 29, 2024. Augmedix offers products and services including Augmedix Go and Emergency Medicine App. Augmedix operates in a competitive market with competitors including Suki, Abridge Inc, Heidi and DeliverHealth Solutions, among others.

  • Headquarter San Francisco, United States
  • Employees 133 as on 29 Mar, 2024
  • Stage Public
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Augmedix
  • Date of Incorporation 25 Feb, 2019
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $653.99 K (USD)
    172.59
    as on Mar 31, 2023
  • Net Profit
    $39.66 K (USD)
    147.41
    as on Mar 31, 2023
  • EBITDA
    $66.19 K (USD)
    227.83
    as on Mar 31, 2023
  • Total Equity Funding
    $118.31 M (USD)

    in 12 rounds

  • Latest Funding Round
    $12 M (USD), Post-IPO

    Apr 20, 2023

  • Investors
  • Employee Count
    133

    as on Mar 29, 2024

  • Acquired by
    Commure

    (Oct 02, 2024)

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Products & Services of Augmedix

Augmedix offers a comprehensive portfolio of products and services, including Augmedix Go and Emergency Medicine App.

Product name locked
Category locked
Primary

Ambient AI generates accurate medical notes for clinicians.

Product name locked
Category locked
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Specialized app handles complex emergency medicine workflows.

People of Augmedix

Headcount 200-500
Employee Profiles 10
Board Members and Advisors 7
Employee Profiles
People
Saurav Chatterjee
Chief Technology Officer
People
Manny Krakaris
Chief Executive Officer
People
Ian Shakil
Founder, Director, Chief Strategy Officer
People
Rashed Noman
Country Director, Bangladesh

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Funding Insights of Augmedix

Augmedix has successfully raised a total of $118.31M across 12 strategic funding rounds. The most recent funding activity was a Post-IPO round of $12 million completed in April 2023. 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.

Investors in Augmedix

Augmedix has secured backing from 19 investors, including institutional and venture fund investors. Prominent investors backing the company include HCA Healthcare, Kleiner Perkins and McKesson.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture debt firm that does debt investment in the US
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Tech-focused seed, early, and mid-stage VC investments are made globally.
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Investments are directed by McKesson Ventures toward early-stage healthcare startups.
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Investor details for Augmedix

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Investments & Acquisitions by Augmedix

Investments
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Investment portfolio details for Augmedix

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Financial Statements - Augmedix

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Detailed financials for Augmedix

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Augmedix Comparisons

Augmedix Primary company
Description
AI-powered solutions for medical documentation and clinical ...
Location
San Francisco, United States
Founded Year
2012
Annual Revenue
$653.99 K (USD)
Net Profit
$39.66 K (USD)
EBITDA
$66.19 K (USD)
Employees
133
As of 2024
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Peer comparison for Augmedix

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Competitors of Augmedix

Augmedix 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, Abridge Inc, Heidi and DeliverHealth Solutions, among others.

Company Name Domain Founded year HQ Location Description
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AI-backed voice solutions for medical documentation are provided.
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AI-based platform for recording and managing health conversations is provided.
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An AI medical scribe is developed for clinical documentation automation.
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EHR management software is provided for healthcare professionals and organizations.
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Detailed competitors of Augmedix

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Latest news on Augmedix

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Complete news archive for Augmedix

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Frequently Asked Questions about Augmedix

Augmedix was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Augmedix is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Augmedix is a funded company, having raised a total of $118.31M across 12 funding rounds to date.

As of Mar 29, 2024, the latest employee count at Augmedix is 133.

Annual revenue of Augmedix is $653.99K as on Mar 31, 2023.

Augmedix is engaged in providing ambient AI solutions for medical documentation across various healthcare settings, including emergency departments and primary care. The companys technology captures patient-clinician conversations and generates accurate medical notes, allowing clinicians to focus on patient interaction. Solutions are tailored to different specialties like oncology and emergency medicine, with customizable levels of AI automation and human support. Security and compliance are prioritized with HITRUST certification and HIPAA adherence. Integration with popular EHR systems is supported to enhance workflow efficiency in hospitals and clinics.

Augmedix's top competitors include Abridge Inc, Suki and Heidi.

Augmedix offers Augmedix Go and Emergency Medicine App.

Augmedix has 19 investors. Key investors include HCA Healthcare, Kleiner Perkins, McKesson, Commure, and Sutter Health.

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