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In just 4 months, AI medical scribe Abridge doubles valuation to $5.3B
Abridge nabbed $300 million Series E led by a16z, months after it closed its previous $250M fundraise.
The seven-year-old Abridge is widely considered to be the leader in the increasingly crowded AI-powered medical scribe market, largely due to its early entryand integration with Epic Systems, the dominant health record software. Along with the fundraise, Abridge announced that it is expanding into converting medical notes from patient appointments into AI-powered medical codes, an offering that makes the company directly competitive with startups like CodaMetrix and a feature from its partner Epic Systems. Abridge, which was founded by cardiologist Shiv Rao, claims that its AI scribe technology is used by over 150 of the largest health systems in the US.
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