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Abridge Stock and Valuation

Healthcare Technology Systems
Year Founded
Pittsburgh, PA

Abridge Valuation Estimate

Based on UpMarket valuation model
$206.94 million

Abridge Valuation as of Last Funding Round

As of 10/20/23, according to PitchBook Data, Inc.
$205.50 million

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Abridge Company Overview

Abridge is a healthcare technology company offering innovative, generative AI systems for medical purposes. Abridge's AI generates clinical notes for clinicians based on a conversation between doctors and patients. This can save doctors 2 to 3 hours of work per day that would typically be spent creating notes and reports. Empry Health backs Abridge and has received investments from notable investors such as CVS Health Ventures.

Abridge Valuation History

Abridge Stock Price

The stock price of Abridge can be calculated by taking the valuation of the company divided by the number of shares outstanding. Because a private company can issue new shares at any time, we do not know the current number of shares outstanding.

For illustrative purposes, however, assuming Abridge has issued 250 million shares, at the estimated UpMarket valuation of $206.94 million, each share of Abridge stock would be worth $0.83.

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UpMarket has offered many similar companies as Pre-IPO investments, including Airbnb, SpaceX, ByteDance, Plaid, Kraken, Databricks, and others. UpMarket also often has funds available that invest in a portfolio of companies potentially including, Abridge as well.

Abridge Management

Name Position
Shiv Rao CEO, Founder
Julia Chapin COO
Zack Lipton CTO

Abridge Investors

Spark Capital

Bessemer Venture Partners

Union Square Ventures

Pillar VC

CVS Health Ventures

KdT Ventures

Mayo Clinic

Wittington Ventures

Abridge Related Companies

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