Hippocratic AI, a startup building AI solutions that can handle non-diagnostic patient-facing tasks, has secured a massive $141 million Series B funding led by Kleiner Perkins at a $1.64 billion valuation announced on Thursday. The funding comes nine months after Hippocratic AI raised $53 million from General Catalyst and Andreessen Horowitz and five months after it raised $17 million from Nvidia. The startup is less than two years old.
While most healthcare-generated AI companies focus on reducing administrative burden, Hippocratic AI is creating agents that can perform simple tasks such as pre-surgical procedures, remote patient monitoring, and appointment preparation. By creating, we are addressing the shortage of medical professionals.
In 2024, the startup signed deals with 23 health systems and insurance companies. Hippocratic plans to use the new capital to expand its products into more markets and internationally.