SAN FRANCISCO--(BUSINESS WIRE)--Feb 17, 2025--
Abridge, the leading generative AI platform for clinical conversations, has raised a $250 million Series D investment, coinciding with the milestone of surpassing 100 deployments at some of the largest and most complex health systems in the United States. The Series D investment, co-led by Elad Gil and IVP, includes contributions from Bessemer Venture Partners, California Health Care Foundation, CapitalG, CVS Health Ventures, K. Ventures, Lightspeed Venture Partners, NVentures (NVIDIA’s venture capital arm), Redpoint Ventures, Spark Capital, and SV Angel. The investment will fuel additional development of AI capabilities and commercial growth to support broader applications.
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"We are excited about the potential of Abridge’s technology to enhance Inova’s clinical documentation across our care sites," said Matt Kull, Executive Vice President, Chief Information and Digital Officer, Inova. "The quality of specialty-specific notes and Abridge's responsiveness to clinician feedback with rigorously tested enhancements stood out to us. Learning more about the innovation behind the scenes—ensuring notes are both clinically useful and billing compliant—along with the demonstrated ROI at other institutions has been compelling as we explore this solution."
Abridge, recently named Best in KLAS for the Ambient AI segment, has also introduced a new Contextual Reasoning Engine—an AI architecture that produces more clinically useful and billable notes at the point of care. Today, healthcare systems are plagued by incomplete clinical notes that delay billing processes, resulting in the loss of countless hours spent improving documents, often weeks or months after a patient visit. Generating comprehensive, billable notes that support appropriate claims at the point of care creates administrative efficiencies, reducing costs and freeing doctors to focus more on patient care. The Abridge Contextual Reasoning Engine enables the following:
“Our health system is remarkable for its scientific and clinical achievements, but also overwhelmed and demoralized by bureaucratic processes, unproductive steps, and tedious labor,” said Somesh Dash, General Partner, IVP. “AI can be transformative by abstracting away the complexity and rules around revenue cycle as it pertains to documentation, allowing clinicians to focus on their patients while getting their documentation right the first time. Abridge is pioneering this effort with leading health systems across the country.”
“The Abridge Contextual Reasoning Engine helps us concentrate more value into our core documentation offering, integrating system and revenue cycle requirements into a sophisticated and orchestrated system of AI models,” said Dr. Shiv Rao, Abridge CEO and Founder. “We aspire to serve our health system partners for the decades to come. This investment supports that aspiration, as well as the core research and development that differentiates our approach.”
Abridge is now implemented at a diverse set of more than 100 of the largest and most complex healthcare systems in the U.S. From rural systems to children's hospitals to leading academic systems and nationally recognized cancer centers, Abridge is used by clinicians of every specialty across all care settings, and in over 28 languages.
About Abridge
Abridge was founded in 2018 to power deeper understanding in healthcare. The enterprise-grade AI platform transforms medical conversations into clinically useful and billable documentation at the point of care, reducing administrative burden and clinician burnout while improving patient experience. With deep EHR integration, support for 28+ languages, and 50+ specialties, Abridge is used across a wide range of care settings, including outpatient, emergency department, and inpatient.
Abridge’s enterprise-grade AI platform is purpose-built for healthcare. Supported by Linked Evidence, Abridge is the only solution that maps AI-generated summaries to source data, helping clinicians quickly trust and verify the output. As a pioneer in generative AI for healthcare, Abridge is setting the industry standard for the responsible deployment of AI across health systems.
Abridge was recently awarded Best in KLAS for Ambient AI segment in addition to other accolades, including TIME Best Inventions of 2024, 2024 Forbes AI 50 List, and Fortune’s 2024 AI 50 Innovators.
(Graphic: Business Wire)
(Graphic: Business Wire)
(Graphic: Business Wire)
U.S. Secretary of State Marco Rubio said he plans to meet with Danish officials next week after the Trump administration doubled down on its intention to take over Greenland, the strategic Arctic island that is a self-governing territory of Denmark.
President Donald Trump has argued that the United States needs to control the world’s largest island to ensure its own security in the face of rising threats from China and Russia in the Arctic, and the White House has refused to rule out using military force to acquire the territory.
Rubio told a select group of lawmakers that it was the administration’s intention to eventually purchase Greenland, as opposed to using military force.
The remarks, first reported by The Wall Street Journal, were made in a classified briefing Monday evening on Capitol Hill, according to a person with knowledge of his comments who was granted anonymity because it was a private discussion.
On Wednesday, Rubio told reporters that Trump has been talking about acquiring Greenland since his first term. “That’s always been the president’s intent from the very beginning,” Rubio said. “He’s not the first U.S. president that has examined or looked at how we could acquire Greenland.”
He was on Capitol Hill for a briefing with the entire U.S. Senate and House, where questions from lawmakers centered not only on the administration’s operation to capture former Venezuelan leader Nicolás Maduro — but also on Trump’s recent comments about Greenland.
Tensions with NATO members escalated after the White House said Tuesday that the “U.S. military is always an option.” Danish Prime Minister Mette Frederiksen warned earlier this week that a U.S. takeover would amount to the end of NATO.
“The Nordics do not lightly make statements like this,” Maria Martisiute, a defense analyst at the European Policy Centre think tank, told The Associated Press on Wednesday. “But it is Trump, whose very bombastic language bordering on direct threats and intimidation, is threatening the fact to another ally by saying ‘I will control or annex the territory.’"
Rubio did not directly answer a question about whether the Trump administration is willing to risk the NATO alliance by potentially moving ahead with a military option regarding Greenland.
“I’m not here to talk about Denmark or military intervention, I’ll be meeting with them next week, we’ll have those conversations with them then, but I don’t have anything further to add to that," Rubio said, telling reporters that every president retains the option to address national security threats to the United States through military means.
The leaders of France, Germany, Italy, Poland, Spain and the United Kingdom joined Frederiksen in a statement Tuesday reaffirming that the mineral-rich island, which guards the Arctic and North Atlantic approaches to North America, “belongs to its people.”
Danish Foreign Minister Lars Løkke Rasmussen and his Greenland counterpart, Vivian Motzfeldt, have requested a meeting with Rubio in the near future, according to a statement posted Tuesday to Greenland's government website. Previous requests for a sit-down were not successful, the statement said.
Thomas Crosbie, an associate professor of military operations at the Royal Danish Defense College, said an American takeover would not improve upon Washington's current security strategy.
“The United States will gain no advantage if its flag is flying in Nuuk versus the Greenlandic flag,” he told the AP. “There’s no benefits to them because they already enjoy all of the advantages they want. If there’s any specific security access that they want to improve American security, they’ll be given it as a matter of course, as a trusted ally. So this has nothing to do with improving national security for the United States.”
Denmark’s parliament approved a bill last June to allow U.S. military bases on Danish soil. It widened a previous military agreement, made in 2023 with the Biden administration, where U.S. troops had broad access to Danish air bases in the Scandinavian country.
Rasmussen, in a response to lawmakers’ questions, wrote over the summer that Denmark would be able to terminate the agreement if the U.S. tries to annex all or part of Greenland.
But in the event of a military action, the U.S. Department of Defense currently operates the remote Pituffik Space Base, in northwestern Greenland, and the troops there could be mobilized.
Crosbie said he believes the U.S. would not seek to hurt the local population or engage with Danish troops.
“They don’t need to bring any firepower. They don’t to bring anybody.” Crosbie said Wednesday. “They could just direct the military personnel currently there to drive to the center of Nuuk and just say, ‘This is America now,’ right? And that would lead to the same response as if they flew in 500 or 1,000 people.”
The danger in an American annexation, he said, lies in the “erosion of the rule of law globally and to the perception that there are any norms protecting anybody on the planet.”
He added: “The impact is changing the map. The impact I don’t think would be storming the parliament.”
French Foreign Minister Jean-Noël Barrot said he spoke by phone Tuesday with Rubio, who dismissed the idea of a Venezuela-style operation in Greenland.
“In the United States, there is massive support for the country belonging to NATO – a membership that, from one day to the next, would be compromised by … any form of aggressiveness toward another member of NATO,” Barrot told France Inter radio on Wednesday.
Asked if he has a plan in case Trump does claim Greenland, Barrot said he would not engage in “fiction diplomacy.”
While most Republicans have supported Trump’s statement, Sen. Jeanne Shaheen and Thom Tillis, the Democratic and Republican co-chairs of the bipartisan Senate NATO Observer Group, respectively, have criticized Trump’s rhetoric.
“When Denmark and Greenland make it clear that Greenland is not for sale, the United States must honor its treaty obligations and respect the sovereignty and territorial integrity of the Kingdom of Denmark,” their statement on Tuesday said. “Any suggestion that our nation would subject a fellow NATO ally to coercion or external pressure undermines the very principles of self-determination that our Alliance exists to defend.”
Kim reported from Washington. Geir Moulson in Berlin, Mark Carlson in Brussels and Ben Finley in Washington contributed to this report.
Secretary of State Marco Rubio arrives for a classified briefing with senators on the situation in Venezuela, at the Capitol in Washington, Wednesday, Jan. 7, 2026. (AP Photo/J. Scott Applewhite)
FILE - Danish military forces participate in an exercise with hundreds of troops from several European NATO members in the Arctic Ocean in Nuuk, Greenland, Sept. 15, 2025. (AP Photo/Ebrahim Noroozi, File)
FILE - A plane carrying Donald Trump Jr. lands in Nuuk, Greenland, Jan. 7, 2025. (Emil Stach/Ritzau Scanpix via AP, file)
FILE - United States Homeland Security Advisor Stephen Miller reacts on the sidelines of the ASEAN Summit in Kuala Lumpur, Malaysia, Sunday, Oct. 26, 2025. (AP Photo/Mark Schiefelbein), File)
CORRECT THE ORDER OF SPEAKERS, FILE - Denmark's Prime Minister Mette Frederiksen, right, and Greenland's Prime Minister Jens-Frederik Nielsen, left, speak on April 27, 2025, in Marienborg, Denmark. (Mads Claus Rasmussen/Ritzau Scanpix via AP, File)
