Funding round
Abridge Series E
Abridge, which works in generative AI solutions development in Philadelphia, raised $316M in a Series E round announced on 1 Apr 2026, led by Andreessen Horowitz, at a $5.30B post-money valuation. 12 firms took part. It is Abridge's sixth venture round on record; the one before was a Series D in Feb 2025.
$316M
Amount raised
$5.30B
Post-money valuation
$4.98B pre-money
12
Investors
1 lead
1.9x
Step-up from the Series D
$2.75B in Feb 2025
6.0%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Abridge at $5.30B after the new money, 1.9 times the $2.75B of its Series D (Feb 2025). The $316M bought investors about 6.0% of the company. It came 14 months after Abridge's Series D. It is 41% of the $764M Abridge has raised in the venture rounds on record. No later venture round is on record for Abridge.
Abridge's funding rounds
Abridge has 6 venture rounds on record. This one is highlighted.
- Seed 31 Jan 2019 $5.0M
- Series A 11 Aug 2022, led by Wittington Ventures $13M
- Series B 26 Oct 2023, led by Spark Capital $30M
- Series C 23 Feb 2024, led by Lightspeed Venture Partners and Redpoint Ventures $150M$850M post-money
- Series D 17 Feb 2025, led by Elad Gil and Institutional Venture Partners $250M$2.75B post-money
- Series E this round 1 Apr 2026, led by Andreessen Horowitz $316M$5.30B post-money
Investors
Who put money in
Andreessen Horowitz led the round with 11 other firms.
Lead investor
- Andreessen Horowitz backs 722 venture-backed companies new investor
Also in the round
- Khosla Ventures backs 396 venture-backed companies new investor
- NVIDIA NVentures new investor
- Bessemer Venture Partners backs 412 venture-backed companies new investor
- Archerman Capital new investor
- California Health Care Foundation new investor
- backs 57 venture-backed companies new investor
- Eli Lilly new investor
- Emerson Collective backs 76 venture-backed companies new investor
- new investor
- Soma Capital backs 206 venture-backed companies new investor
- Wndrco new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring.
- Hiring
Comparable rounds
How it compares
35 Series E rounds in Tech Companies within a year either side disclosed an amount; the median was $200M, and this round was 1.6 times the median. The closest in time, other companies' Series E rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Aidoc Tech Companies | 29 Apr 2026 | $150M | not disclosed | Goldman Sachs and Growth Equity at Goldman Sachs Alternatives |
| Tech Companies | 22 Apr 2026 | $50M | not disclosed | Gree Holdings |
| Tech Companies | 24 Mar 2026 | $220M | $2.00B | Founders Fund |
| Tech Companies | 18 May 2026 | $80M | $3.00B | Princeville Capital |
| SambaNova Tech Companies | 24 Feb 2026 | $350M | $2.24B | Vista Equity Partners and Cambium Capital |
| Runway Tech Companies | 10 Feb 2026 | $315M | $5.30B | General Atlantic |
| Tech Companies | 6 Jan 2026 | $20.00B | not disclosed | not named |
| Tech Companies | 20 Jan 2026 | $204M | $4.25B | Technology Crossover Ventures and Blackstone |
Sources
Where this comes from
Reported by 6 sources.
Questions
Frequently asked
How much did Abridge raise in its Series E round?
Abridge raised $316M in its Series E round, announced in Apr 2026.
Who led Abridge's Series E round?
Andreessen Horowitz led it, with Khosla Ventures, NVIDIA NVentures, Bessemer Venture Partners, Archerman Capital and California Health Care Foundation and 6 more.
What was Abridge's valuation at the Series E round?
$5.30B post-money ($4.98B pre-money).
How does it compare with other Series E rounds in Tech Companies?
35 Series E rounds in Tech Companies within a year either side disclosed an amount; the median was $200M, and this round was 1.6 times the median.