Abridge
Founded Year
2018Stage
Series C | AliveTotal Raised
$207.5MValuation
$0000Last Raised
$150M | 8 mos agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+213 points in the past 30 days
About Abridge
Abridge focuses on transforming patient-clinician conversations into structured clinical notes using generative artificial intelligence within the healthcare sector. The company's main service includes real-time documentation of clinical conversations, integrated with electronic medical records (EMR) systems like Epic, to improve clinical workflows and reduce administrative burden. It primarily serves the healthcare sector. Abridge was formerly known as Intelligible.Ai. It was founded in 2018 and is based in Pittsburgh, Pennsylvania.
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Abridge's Product Videos
ESPs containing Abridge
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The AI-driven clinical documentation solutions market includes companies leveraging AI technologies to streamline and improve the process of capturing, organizing, and using patient information. It includes solutions such as ambient documentation platforms that can document patient-clinician interactions, extract relevant medical information, and integrate with electronic health record (EHR) syste…
Abridge named as Leader among 15 other companies, including Oracle, Nuance Communications, and Suki.
Abridge's Products & Differentiators
Abridge for Clinicians
Abridge creates artifacts for 3 masters – billing, clinicians, patients. The technology acts as an intelligent copilot, producing organized drafts and providing interactive tools to accelerate editing, and seamlessly integrates with healthcare software to streamline documentation. Health systems trust Abridge: Science. Founded on CMU roots, Abridge’s research culminated in the first-published and first-to-market AI system for generating SOAP note drafts. Abridge’s cutting-edge ML safeguards providers & patients by focusing on causality, fairness, and transparency. Clinician-led. Abridge is building a solution for providers by providers. Through his experience as a cardiologist, Abridge’s co-founder and CEO saw opportunities to improve the gap between medical conversations and what happens next. Patient value. Abridge is the
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Research containing Abridge
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Abridge in 10 CB Insights research briefs, most recently on Sep 13, 2024.
Jul 2, 2024 team_blog
How to buy AI: Assessing AI startups’ potential
May 24, 2024
The generative AI market map
Jan 11, 2024
The generative AI in healthcare market map
Sep 22, 2023
The revenue cycle management market map
May 9, 2023
7 applications of generative AI in healthcareExpert Collections containing Abridge
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Abridge is included in 5 Expert Collections, including Digital Health.
Digital Health
11,109 items
The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.
Telehealth
3,106 items
Companies developing, offering, or using electronic and telecommunication technologies to facilitate the delivery of health & wellness services from a distance. *Columns updated as regularly as possible; priority given to companies with the most and/or most recent funding.
Digital Health 50
150 items
2022's cohort of the most promising digital health startups transforming the healthcare industry. Winners were chosen based on several factors, including data submitted by the companies, proprietary Mosaic scores, company business models and momentum in the market.
Generative AI
942 items
Companies working on generative AI applications and infrastructure.
Artificial Intelligence
6,888 items
Latest Abridge News
Nov 1, 2024
What You Should Know: – OpenNotes , an advocate for healthcare transparency, and Abridge , an AI-powered clinical documentation platform, have joined forces to improve patient engagement and understanding through enhanced AI-generated visit summaries. – The collaboration, part of the new OpenNotes Lab at Beth Israel Deaconess Medical Center (BIDMC) , will leverage patient feedback and AI to create more effective and accessible patient-facing documentation. Improving Patient Understanding with AI Abridge’s AI platform automates clinical documentation, generating structured clinical notes and patient-friendly visit summaries. These summaries are designed to be easily understandable, providing key information such as diagnoses, medications, and next steps in care. Through this partnership, OpenNotes will conduct a study to evaluate the effectiveness of Abridge’s AI-generated summaries. The study will involve focus groups of patients who have received Abridge summaries, gathering feedback on their usefulness, accessibility, and overall impact on patient understanding. Co-Designing a Better Patient Experience OpenNotes specializes in collaborative research that prioritizes the perspectives of both patients and clinicians. This patient-centered approach will inform the development of enhanced visit summaries that better meet patient needs and promote greater transparency in healthcare communication. Key benefits of the collaboration include: Enhanced Patient Understanding: Improved visit summaries will empower patients with clearer and more accessible information about their health. Increased Patient Engagement: Enhanced understanding can lead to greater patient engagement in their care. Improved Communication: Clearer communication between patients and clinicians can foster stronger relationships and better health outcomes. Reduced Health Literacy Barriers: Patient-friendly summaries can help overcome health literacy challenges and ensure that all patients can understand their care plans. “This research collaboration with OpenNotes will harness the power of actual patient conversations in informing the next generation of visit summaries, an invaluable tool in keeping doctors and patients on the same page,” said Dr. Shiv Rao, CEO and Founder of Abridge. “We are excited to continue exploring ways to enrich the Abridge platform with insights from the research we will conduct with OpenNotes.”
Abridge Frequently Asked Questions (FAQ)
When was Abridge founded?
Abridge was founded in 2018.
Where is Abridge's headquarters?
Abridge's headquarters is located at 500 Grant Street, Pittsburgh.
What is Abridge's latest funding round?
Abridge's latest funding round is Series C.
How much did Abridge raise?
Abridge raised a total of $207.5M.
Who are the investors of Abridge?
Investors of Abridge include Bessemer Venture Partners, Union Square Ventures, Spark Capital, Wittington Ventures, Kaiser Permanente Ventures and 22 more.
Who are Abridge's competitors?
Competitors of Abridge include Abstractive Health, Suki, Augmedix, TORTUS, Playback Health and 7 more.
What products does Abridge offer?
Abridge's products include Abridge for Clinicians.
Who are Abridge's customers?
Customers of Abridge include UPMC.
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Compare Abridge to Competitors
DeepScribe specializes in AI-powered clinical documentation within the healthcare sector. The company offers an ambient AI platform that transforms patient conversations into comprehensive, accurate medical notes, automating the documentation process for clinicians. DeepScribe primarily serves healthcare providers, ranging from small private practices to large healthcare organizations. It was founded in 2017 and is based in San Francisco, California.
Nabla develops a machine learning-powered care platform that allows healthcare firms to build engaging relationships with their patients and improve their health outcomes. It gives doctors the tools they need to provide personalized care and empowers patients in their care journey. Nabla was founded in 2018 and is based in Paris, France.
Suki is a technology company that specializes in AI-powered voice solutions for the healthcare sector. The company offers Suki Assistant, which is a voice-enabled digital assistant that aids physicians in completing documentation and other administrative tasks. Suki was formerly known as Robin AI. It was founded in 2017 and is based in Redwood City, California.
Mutuo Health Solutions specializes in AI-powered digital transcription for the healthcare sector. Their main product, AutoScribe, is an AI-driven digital scribe assistant that automatically generates clinical notes and EMR actions from doctor-patient dialogues. The company primarily serves medical professionals looking to enhance patient engagement and reduce administrative burden. It was founded in 2018 and is based in Toronto, Ontario.
Tali AI specializes in artificial intelligence solutions for the healthcare sector, focusing on reducing the administrative burden for physicians. The company offers an AI Ambient Scribe and Medical Dictation software that automatically generates clinical documentation and integrates seamlessly with various Electronic Health Record (EHR) systems. Tali AI's products are designed to improve clinical documentation efficiency and support healthcare providers by handling administrative tasks securely and compliantly. It was founded in 2020 and is based in Toronto, Ontario.
Playback Health specializes in healthcare technology, focusing on electronic health records (EHR) and electronic medical history (EMH) automation solutions. The company offers a clinical platform that automates patient registration, post-visit information, and doctor's notes, and provides hands-free transcription services. Playback Health's platform is designed for collaboration and sharing of updates across care teams and devices. It was founded in 2018 and is based in New Hyde Park, New York.
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