Hippocratic AI a startup that creates AI solutions for non-diagnostic, patient-facing complementary tasks, landed a massive $141 million Series B at a $1,64 billion valuation led by Kleiner Perkins, The company announcedThe funding comes nine months after Hippocratic AI raised a $53 million round from General Catalyst and Andreessen Horowitz and five months after raising $17 million from Nvidia. The startup is less than two years old.
While most healthcare-generating AI companies focus on reducing administrative burdens, Hippocratic AI addresses the shortage of healthcare professionals by creating agents that can perform simple tasks like preoperative procedures, remote patient monitoring, and appointment setting.
By 2024, the startup has signed contracts with 23 health systems and insurers. Hippocratic is using the new capital to expand the product to more markets and internationally.
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