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…