abridge

In just 4 months, AI medical scribe Abridge doubles valuation to $5.3B

Startups /

Abridge, an AI startup automating medical notes, has secured a $300 million Series E at a $5.3 billion valuation, according to the Wall Street Journal.  The round, led by Andreessen Horowitz with participation from Khosla Ventures, follows the company’s $250 million February fundraise at a $2.75 billion valuation. The seven-year-old Abridge is widely considered to […]

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10 of the most exciting digital health startups of 2024, according to VCs

Biotech & Health /

In the post-COVID world, VCs say it’s not as easy to get excited about investing in digital health. Deal activity in healthcare IT was relatively flat in Q1 2024 at 74 total deals, valued at about $1 billion total, up only 3% from the year-ago quarter, according to PitchBook data.  Still, promising startups have grabbed

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How Abridge became one of the most talked about healthcare AI startups

Biotech & Health /

Ask any of the health-focused VCs to name one of the top AI startups and one name comes up over and over again: a company  based in Pittsburgh called Abridge. And it’s a startup that launched before OpenAI was a household name and LLMs entered the common Valley vocabulary.  In 2019, Shiv Rao, a practicing

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