Abridge

Abridge

AI platform for clinical documentation automation

About Abridge

Simplify's Rating
Why Abridge is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

AI & Machine Learning

Healthcare

Company Size

201-500

Company Stage

Series D

Total Funding

$457.5M

Headquarters

Pittsburgh, Pennsylvania

Founded

2018

Overview

Abridge provides a platform that uses artificial intelligence to convert medical conversations into structured clinical documentation. This allows healthcare providers to record patient visits, which are then transformed into organized documents that can be easily accessed and utilized. By automating the documentation process, Abridge helps clinicians save time, enabling them to concentrate more on patient care rather than paperwork. Unlike many competitors, Abridge specifically targets healthcare providers, payers, and pharmaceutical companies, focusing on improving efficiency and patient outcomes through streamlined documentation. The company's goal is to enhance the quality of healthcare delivery by making clinical documentation more efficient and accessible.

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Simplify's Take

What believers are saying

  • Partnerships with Mayo Clinic and Athenahealth enhance Abridge's market presence and credibility.
  • Abridge's integration with telehealth platforms supports the growing trend of remote patient care.
  • Expansion into multilingual markets offers a competitive edge in global healthcare.

What critics are saying

  • Increased competition from major tech companies like Microsoft's Dragon Copilot.
  • The ambient scribing market's growth could lead to pricing pressures for Abridge.
  • Dependence on partnerships with large healthcare organizations poses renewal risks.

What makes Abridge unique

  • Abridge offers AI-powered audio-based medical conversation recording and summarization.
  • The platform converts patient visits into structured clinical documents, enhancing provider efficiency.
  • Abridge's multilingual capabilities allow recording in one language and writing in another.

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Funding

Total Funding

$457.5M

Above

Industry Average

Funded Over

4 Rounds

Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Above Average

Industry standards

$77M
$70M
Twilio
$80M
Handshake
$100M
Affirm
$250M
Abridge

Benefits

Medical insurance

Dental Insurance

Vision Insurance

Unlimited Paid Time Off

Equity

Flexible Spending (FSA) & Health Savings (HSA) Accounts

Learning and Development budget

401k Plan

Paid Parental Leave

Flexible working hours

Home Office Budget

Sabbatical Leave

Growth & Insights and Company News

Headcount

6 month growth

-11%

1 year growth

-8%

2 year growth

-12%
Abridge
Apr 4th, 2025
Abridge Leadership Team at Health Evolution Summit

Abridge is excited to help lead the transformative conversations on navigating the AI revolution in healthcare at the Health Evolution Summit!

AI and You
Mar 18th, 2025
How this AI note-taker gives your doctor more time for actual doctoring

Abridge is No. 7 on the list of the World's 50 Most Innovative Companies of 2025.

Abridge
Mar 11th, 2025
Enhancing Nursing Workflows with Abridge and Mayo Clinic

Mayo Clinic and Abridge have partnered to develop ambient AI technology that supports nursing workflows.

AIBuzzHub
Mar 9th, 2025
Athenahealth Expands AI Technology With Abridge Partnership

Abridge's note-taking capabilities will be integrated into athenaOne, Athenahealth's comprehensive cloud-based platform for electronic health records, practice management, and revenue cycle management specifically designed for outpatient care.

PYMNTS
Mar 6th, 2025
Athenahealth Expands Ai Documentation Technology With Abridge Partnership

Athenahealth is partnering with Abridge to integrate the company’s enhanced note-taking technology into its platform for clinicians, as the market for ambient scribing is becoming more crowded. Abridge offers ambient note-taking, which is an artificial intelligence (AI)-powered technology that listens to a patient and doctor conversation and generates structured medical notes. After a review by the doctor, these notes are added directly to a patient’s electronic health record. The note-taking tool is also multilingual; it can record the patient-doctor conversation in one language and write it up in another language

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