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“Our vision is to bring compassion and confidence to people’s doctor’s visits,” Rao said. Rao, a cardiologist, left his practice in March 2018 to start Abridge with Sandeep Konam, co-founder and CTO. We believe Abridge can create new trusted relationships between people and their doctors.” “As part of our investment thesis, we back trusted brands like Abridge to broaden access to wellbeing. “We’re thrilled to support Abridge’s mission to help people better understand and follow through on their health,” said Andy Weissman, partner at Union Square Ventures, in a written statement.
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The investment included $5 million in seed and $10 million in Series A funding, Shiv Rao, M.D., co-founder and CEO of Abridge, told Crunchbase News. Union Square Ventures and hospital partner UPMC led the round and were joined by Bessemer Venture Partners, Pillar, KdT Ventures and a group of angel investors that included Esther Dyson, Aneesh Chopra and Zen Chu. The Pittsburgh-based company’s new app connects doctors and patients so those seeking treatment clearly understand their doctor’s guidance.
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ExportMD is funded in part through a Cooperative Agreement with the U.S. “The new business that is generated from these meetings will allow Premier to continue hiring new staff for its expanding headquarters in Baltimore.”Įstablished in 1999, the ExportMD program provides matching grants up to $6,000 as well as up to 40 hours of marketing consulting from Commerce’s Office of International Investment and Trade. “The theme park industry, while mature in the United States, is growing dramatically overseas and the ExportMD grant program is an excellent tool to assist Premier in getting in front of new clients,” said Premier Rides president Jim Seay. The engineering company and global supplier of theme park attractions recently celebrated the opening of the first high-tech, triple-launch coaster in Finland – a major project that Premier Rides spent the last year creating and shipping to the Nordic amusement park. “ExportMD is designed to help more of Maryland’s small and mid-sized businesses navigate the exporting process and determine the best markets for their business overseas.”Īmong the companies included in this round of ExportMD grants is Premier Rides of Baltimore City. “While Maryland has more than 570,000 small businesses, only about 3 percent actively export their goods and services,” said Maryland Commerce Secretary Mike Gill. “As a direct result of this program, many of these companies have been able to expand operations, create jobs, and open up new opportunities for trade and investment.” “Our administration is committed to continuing to strengthen Maryland’s economy, and programs like ExportMD do just that by helping our companies identify new customers in global markets,” said Governor Larry Hogan. Eligibility requirements can be found on the Commerce website. Applications are accepted on a bi-monthly basis and the next application deadline is October 1, 2017.
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The ExportMD grant program helps businesses finance the costs of marketing internationally, including trade show fees, brochures and travel expenses.
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Maryland Commerce program helps companies promote goods, services globallyīALTIMORE, MD (September 12, 2017) – The Maryland Department of Commerce has awarded 11 small and mid-sized Maryland companies with ExportMD grants to help promote their products and services in the global marketplace.