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Abridge’s New Funding Set to Reduce ‘Pajama Time’ for Doctors

With its recent $150 million Series C funding and a valuation of $850 million, Abridge is positioned at the forefront of AI-powered healthcare solutions, potentially becoming the "Duolingo of healthcare" in terms of widespread impact and adoption.
When was the last time any of us took a medical book to a hospital? Loads of medical records from previous consultations and every bill. Dr Shivdev Rao, felt that rather than saving lives of patients as a cardiologist he was wasting much more time in writing his notes. To help more patients and doctors he introduced Abridge, a healthtech firm located in downtown Pittsburgh which provides a solution in the form of an app that captures and summarises patient-doctor discussions.  Founded in 2018, Shiv Rao, a cardiologist with a flair for innovation, pitched a startup idea to Andy Weissman, a general partner at Union Square Ventures (USV), describing it as a blend of SoundCloud and RapGenius for medicine. While the comparison to music and lyrics platforms initially amused Weissman, Rao
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Anshika Mathews
Anshika is the Senior Content Strategist for AIM Research. She holds a keen interest in technology and related policy-making and its impact on society. She can be reached at anshika.mathews@aimresearch.co
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