ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/abridge” target=”_blank”>Abridge, a startup that uses artificial intelligence to build medical documents, said on Monday it raised $250 million in a ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/funding-round” target=”_blank”>funding round co-led by Elad Gil and rel=”dofollow” href=”https://economictimes.indiatimes.com/ivp-ltd/stocks/companyid-13555.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>IVP.
Investors in the funding round included Lightspeed Venture Partners, CVS Health Ventures, Redpoint Venture and NVentures – ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/nvidia” target=”_blank”>Nvidia‘s venture capital arm.
ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/ai-startups” target=”_blank”>AI startups captured a record 46.4% of the total $209 billion raised by US startups in 2024, compared with less than 10% a decade earlier.
Abridge did not disclose the valuation at which the amount was raised. The company was valued at…
