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Abridge Funding Rounds & Valuation History (2024–2025)

Private Valuation & Funding Round Tracker · Abridge

Abridge funding rounds & valuation history

Abridge, the Pittsburgh company whose ambient AI listens to doctor–patient conversations and drafts clinical notes inside health-system records. Funding from the Series C (Feb 2024) to the Series E (Jun 2025), sourced to Abridge, TechCrunch and Fortune.

Last updated: (IST). Every figure re-checked against the linked sources that day. Rows: 3 Currency: US$, nominal
Last closed round Closed
$5.3B
$300M Series E, Jun 2025
Raised in rounds listed
$700M
Sum of 3 closed rounds with a disclosed amount (GNF calc.)
Largest round
$300M
Series E, Jun 2025
Closed rounds listed
3
Feb 2024 to Jun 2025

Round history

Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.

Showing 3 of 3 rows
Abridge funding rounds, Feb 2024 to Jun 2025
DateStatusRoundAmountLead / buyerValuationVal. ÷ run-rateSource
Closed round
Series EKhosla Ventures joined (Abridge).
$300M
Andreessen Horowitz
$5.3BReported (WSJ via TechCrunch; Fortune)1.93× vs prior closed
—Not disclosedNo run-rate stated in the announcement
Closed round
Series DWith Bessemer Venture Partners and others (Abridge).
$250M
Elad GilWith: IVP
$2.75BPost-money, reported (Fortune)
—Not disclosedNo run-rate stated in the announcement
Closed round
Series C
$150M
Lightspeed Venture Partners
Not disclosedNo company valuation stated by the source
—Not disclosedNo run-rate stated in the announcement
Step-up = valuation ÷ the prior closed valuation (GNF calc.), shown only where both figures were stated or reported and neither is a lower bound.

Valuation at each closed round

Valuations as stated or reported at each closed round with a disclosed figure; talks, tenders and filings are not plotted.

Sources: Abridge, TechCrunch, Fortune. US$ billions, linear scale.

Timeline

Each round and share sale, oldest first.

  1. 23 Feb 2024 · Closed

    Series C: $150M led by Lightspeed Venture Partners.

  2. 17 Feb 2025 · Closed

    Series D: $250M at $2.75B led by Elad Gil.

  3. 23 Jun 2025 · Closed

    Series E: $300M at $5.3B led by Andreessen Horowitz.

Still private: Abridge has not filed for an IPO and has not been acquired.

Cite this dataset

Free to quote with a link back. Copy this citation:

Abridge Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 14 Nov 2026. https://growthnavigatefunding.net/funding/abridge/

Download the data

The same 3 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.

File
abridge-rounds.csv (UTF-8, comma-separated)
Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/abridge-rounds.csv
Columns
id, date, date_precision, status, transaction_type, round, amount_usd_low, amount_usd_high, lead_or_buyer, co_leads, valuation_usd_low, valuation_usd_high, valuation_basis, valuation_to_run_rate_multiple, multiple_bound, multiple_basis, step_up_vs_prior_closed, price_per_share_usd_low, price_per_share_usd_high, shares, source, source_url, other_source_urls, notes, last_updated
Updated
(IST)
⬇ Download CSV

Methodology & status definitions

How each row is labelled and calculated.

Closed round

A primary round announced by the company or confirmed in the press, bringing new money to the company.

Valuation ÷ run-rate

Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.

What is not a separate row

A reported 2026 Series E extension (amount not confirmed in a captured authority source), Eli Lilly’s 2026 strategic investment (amount undisclosed; Fortune), and the Series A and B rounds.

Updates & corrections

This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.

Changelog

  • : Dataset first compiled (AI-50 batch, not yet published).

Sources

  1. Abridge: Abridge Secures $300M Series E Led by a16z to Pioneer a New Paradigm of Care Intelligence, 23 Jun 2025
  2. TechCrunch: In just 4 months, AI medical scribe Abridge doubles valuation to $5.3B, 24 Jun 2025
  3. Fortune: Abridge wants to be the operating system for medicine—and NVIDIA and Eli Lilly are helping build it, 11 Jun 2026
  4. Abridge: Abridge Announces $250M Series D Investment and New Contextual Reasoning Engine, 17 Feb 2025
  5. Fortune: Exclusive: Abridge raises $250 million Series D led by Elad Gil and IVP, 17 Feb 2025
  6. Abridge: Abridge Emerges as a Healthcare AI Leader, Raising $150M to Accelerate R&D, 23 Feb 2024