Andreessen Horowitz in Deal Talks Valuing Abridge AI at $5.3 Billion
The startup is raising $300 million for software that takes notes on conversations with doctors and patients.
Abridge Chief Executive Officer Shiv Rao
Photographer: Michael Nagle/BloombergAbridge AI Inc., a startup that uses artificial intelligence to transcribe medical conversations, is raising $300 million in a new funding round led by Andreessen Horowitz, according to people familiar with the matter.
The round values the Pittsburgh-based company at $5.3 billion, including the investment, the people said, asking not to be identified because the information is private.