Tech darlings Abridge are making serious waves in the San Francisco real estate scene, and we’re here for the drama.

The AI health tech unicorn just snagged an entire 80,000-square-foot building in Showplace Square, proving that not all startup office dreams have died in the post-pandemic landscape.

From Startup to Powerhouse

With a jaw-dropping $5.3 billion valuation after their Series E funding round, Abridge isn’t just another tech company - they’re revolutionizing how doctors take notes. Their AI platform transforms those typically cryptic doctor-patient conversations into clean, crisp clinical documentation.

Big Money, Big Moves

The building at 208 Utah St, previously home to tech giants like Strava and Warner Bros., was scooped up by Redco Development for a mere $15 million. Talk about a bargain in today’s San Francisco real estate market! Currently occupying 14,000 square feet in the Mission, Abridge is clearly ready to stretch its legs.

Tech’s Continued Resilience

With $117 million in annual recurring revenue and technology already integrated into over 150 U.S. health systems, Abridge represents a bright spot in San Francisco’s sometimes turbulent tech ecosystem. They’re not just surviving - they’re thriving.

Who said the Bay Area tech scene was dead? Not us. 🌉✨