ARR Leaderboard
Abridge went from roughly $6M of ARR in early 2024 to $100M+ by mid-2025 — one of the fastest enterprise ramps in healthcare software — and its valuation doubled twice within five months. Every reported ARR, funding and valuation number is collected below, each traced back to a public source.
$100M+
Reported ARR, mid-2025
18 months
$6M → $100M+ ARR
$117M
Contracted ARR, Q1 2025
$5.3B
Valuation, Series E Jun 2025
Reported annualized run rate in USD millions, early 2024 to mid-2025. Linear scale — the clinical documentation market does the accelerating.
$6M → $60M ARR
~10 months
Early 2024 → Dec 2024
$6M → $100M+ ARR
18 months
Early 2024 → May 2025
$2.75B → $5.3B valuation
4 months
Feb 2025 → Jun 2025
Implied MRR at $100M ARR
~$8.3M / month
Derived from ARR
Early 2024
$6M ARR
Founded in 2018 by cardiologist Dr. Shiv Rao; the ambient AI scribe begins converting pilots into enterprise contracts, with roughly $19M ARR reported during 2024. — Sacra / Value Add VC
February 2024
$10M ARR
$150M Series C led by Kleiner Perkins and Lightspeed values Abridge around $1B as health-system adoption accelerates. — Company / Sacra
End of 2024
$60M ARR
ARR reaches $60M by year-end 2024, with 20,000+ clinicians documenting through the platform and Epic integration widening the funnel. — Sacra
February 2025
$75M ARR
$250M Series D at a $2.75B valuation — the valuation doubles in under a year. — Company / Sacra
May 2025
$100M ARR
Crosses $100M ARR — up from ~$6M eighteen months earlier — with contracted ARR reaching $117M in Q1 2025. — Sacra / Value Add VC
June 2025
$100M ARR
$300M Series E led by Andreessen Horowitz values Abridge at $5.3B — a second valuation doubling in four months — with 150+ enterprise health systems deployed. — Company / Sacra
Latest reported ARR
$100M+
Sacra / Value Add VC, mid-2025
Contracted ARR
$117M
Q1 2025
Implied MRR
~$8.3M / month
Derived from ARR
Valuation
$5.3B
Series E, Jun 2025
Total raised
$757M+
Sacra
Health systems
150+
Company, 2025
Clinicians
20,000+
Sacra, 2024
Founded
2018, Pittsburgh
Company
CEO
Dr. Shiv Rao
Company
Abridge sells enterprise contracts to health systems, priced per clinician per month for ambient clinical documentation — ambient listening during patient visits turns into structured, specialty-tuned notes and billing-ready coding suggestions. Health systems typically roll it out to hundreds or thousands of clinicians at once, which is why a single expansion can move revenue in eight-figure steps.
The distribution moat is Epic: a native partnership makes Abridge the default scribe option inside the EHR most large US health systems already run, so revenue compounds through system-wide deals rather than bottom-up adoption. Contracted ARR of $117M against $100M+ recognized ARR in Q1 2025 shows a signed backlog running ahead of deployment — the usual leading indicator in enterprise healthcare.
Revenue Mix
FAQ
Clink handles enterprise subscription billing, seat-based invoicing and merchant-of-record tax compliance for clinical AI — so health-system rollouts never wait on payments.
Bill Health Systems→