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🩺 Abridge Turns Doctor-Patient Talks into Real-Time Clinical Notes

Abridge, a Pittsburgh- and San Francisco-based startup, has raised a $300M Series E led by Andreessen Horowitz to scale its AI that turns medical conversations into structured documentation. Now valued at $5.3B, Abridge aims to eliminate clinician burnout by automating the most tedious part of healthcare: note-taking.

🛸 Real-time AI for medical documentation
• Transcribes and summarizes clinician–patient conversations using ambient AI
• Extracts structured data like ICD-10 and HCC codes at the point of care
• Integrated with EHRs like Epic to support billing, referrals, and medical orders

📈 Rapid growth across U.S. health systems
• Deployed in 150+ systems, processing over 50M conversations annually
• Covers 55 specialties and 28 languages; >90% clinician retention after onboarding
• Reduces documentation time by 60–70% across clinical workflows

👨‍⚕️ Mission-led team with deep healthcare roots
• Founded by cardiologist Dr. Shiv Rao and backed by top-tier VCs including Khosla Ventures
• Now over 100 employees across engineering and clinical operations
• Expanding into inpatient settings and deeper EHR integrations post-funding

As hospitals face soaring admin costs and clinician burnout, Abridge is betting that listening—then writing—can be the most valuable AI skill in medicine.

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🩺 Abridge Turns Doctor-Patient Talks into Real-Time Clinical Notes

Abridge, a Pittsburgh- and San Francisco-based startup, has raised a $300M Series E led by Andreessen Horowitz to scale its AI that turns medical conversations into structured documentation. Now valued at $5.3B, Abridge aims to eliminate clinician burnout by automating the most tedious part of healthcare: note-taking.

🛸 Real-time AI for medical documentation
• Transcribes and summarizes clinician–patient conversations using ambient AI
• Extracts structured data like ICD-10 and HCC codes at the point of care
• Integrated with EHRs like Epic to support billing, referrals, and medical orders

📈 Rapid growth across U.S. health systems
• Deployed in 150+ systems, processing over 50M conversations annually
• Covers 55 specialties and 28 languages; >90% clinician retention after onboarding
• Reduces documentation time by 60–70% across clinical workflows

👨‍⚕️ Mission-led team with deep healthcare roots
• Founded by cardiologist Dr. Shiv Rao and backed by top-tier VCs including Khosla Ventures
• Now over 100 employees across engineering and clinical operations
• Expanding into inpatient settings and deeper EHR integrations post-funding

As hospitals face soaring admin costs and clinician burnout, Abridge is betting that listening—then writing—can be the most valuable AI skill in medicine.

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Telegram hopes to raise $1bn with a convertible bond private placement

The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.

🩺 Abridge Turns Doctor-Patient Talks into Real-Time Clinical Notes

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