Hippocratic AI, a startup building AI solutions that can handle non-diagnostic patient-facing tasks, secured a massive $141 million Series B at a valuation of $1.64 billion led by Kleiner Perkins, the company announced Thursday. The 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-generative AI companies focus on reducing administrative burdens, Hippocratic AI addresses the shortage of healthcare professionals by creating agents that can perform simple tasks like pre-operating procedures, remote patient monitoring, and appointment preparation. Â
In 2024, the startup has signed contracts with 23 health systems and insurers. Hippocratic is using new capital to expand the product into more markets and internationally.