The business said Thursday that Hippocratic AI, a startup developing AI solutions for non-diagnostic patient-facing tasks, has raised a whopping $141 million Series B at a $1.64 billion valuation, headed by Kleiner Perkins. The financing comes five months after Hippocratic AI secured $17 million from Nvidia and nine months after the company raised $53 million from General Catalyst and Andreessen Horowitz. The company was founded less than two years ago.
Hippocratic AI tackles the lack of healthcare personnel by developing agents that can carry out basic activities including pre-operative procedures, remote patient monitoring, and appointment planning, whereas the majority of healthcare-generative AI businesses concentrate on lowering administrative hassles.
The firm has agreements with 23 insurers and health systems as of 2024. Hippocratic is utilizing fresh funding to take the product into new areas and abroad.