Healthcare startup Abridge tops $5 billion valuation

Share via:


Healthcare firm Abridge, which uses artificial intelligence to build medical documents, has raised $300 million at a $5.3 billion valuation, it said on Tuesday.

The latest funding round, aimed at improving revenue cycles and bridging the gap between clinicians and billing teams, was led by venture capital firm Andreessen Horowitz – also known as A16z – with participation from Khosla Ventures.

Startups that leverage AI have received ample interest from venture capital firms since last year, with large-scale funding rounds and steep valuations driving…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Healthcare startup Abridge tops $5 billion valuation


Healthcare firm Abridge, which uses artificial intelligence to build medical documents, has raised $300 million at a $5.3 billion valuation, it said on Tuesday.

The latest funding round, aimed at improving revenue cycles and bridging the gap between clinicians and billing teams, was led by venture capital firm Andreessen Horowitz – also known as A16z – with participation from Khosla Ventures.

Startups that leverage AI have received ample interest from venture capital firms since last year, with large-scale funding rounds and steep valuations driving…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

In a cooling job market, AI pros still hold...

Sitting on multiple job offers may be a...

India’s big IT ends recruitment freeze, but only for...

India’s top five IT companies added 2,505 employees...

Amid surge in AI memory demand, SK Hynix to...

South Korea's top chip manufacturer SK Hynix has...

Popular

best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv best iptv