Hippocratic AI raised $53M in Series A funding at a $500M valuation co-led by Premji Invest and General Catalyst to fund safety tests for their staffing marketplace for healthcare.

Mar 18, 2024•over 1 year ago

Amount Raised

$53 Million

Round Type

series a

Palo AltoArtificial IntelligenceHealth Care

Investors

Universal Health Services (Uhs)Well Span HealthCincinnati Children’sAndreessen Horowitz (A16z) Bio + HealthMemorial Hermann Health SystemSv AngelGeneral CatalystPremji Invest

Description

Hippocratic AI announced the closure of a $53 million Series A funding round at a $500 million valuation. The funding will be used to fund safety tests for their staffing marketplace for healthcare and further develop the product.

Company Information

Company

Hippocratic AI

Location

Palo Alto, California, United States

About

Hippocratic AI has developed a safety-focused Large Language Model (LLM) for healthcare. The company believes that a safe LLM can dramatically improve healthcare accessibility and health outcomes in the world by bringing deep healthcare expertise to every human. No other technology has the potential to have this level of global impact on health. The company was co-founded by CEO Munjal Shah, alongside a group of physicians, hospital administrators, healthcare professionals, and artificial intelligence researchers from El Camino Health, Johns Hopkins, Stanford, Microsoft, Google, and NVIDIA. Hippocratic AI has received a total of $278 million in funding and is backed by leading investors, including Andreessen Horowitz, General Catalyst, Kleiner Perkins, NVIDIA’s NVentures, Premji Invest, SV Angel, and six health systems.

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