Hippocratic AI valued at $1.64 billion after series B round

January 10, 2025

, By Team SNFYI

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Hippocratic AI notched a valuation of $1.64 billion after its latest fund raise led by Kleiner Perkins, the VC firm that backed Google, Amazon, and Genentech as AI funding thrives.

The company said on Thursday it had raised $141 million in a series B funding round, which brings its total raise to $278 million in funding.

Kleiner was joined by existing investors A16z, General Catalyst, Premji, NVIDIA, SV Angel, Universal Health Services , and WellSpan Health.

Technology-focused startups have been able to secure a chunk of investments following a boom in artificial intelligence after the launch of Open AI’s ChatGPT in 2022.

Hippocratic AI was cofounded 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.

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Hippocratic AI valued at $1.64 billion after series B round

January 10, 2025

, Published By Team SNFYI

Hippocratic AI notched a valuation of $1.64 billion after its latest fund raise led by Kleiner Perkins, the VC firm that backed Google, Amazon, and Genentech as AI funding thrives.

The company said on Thursday it had raised $141 million in a series B funding round, which brings its total raise to $278 million in funding.

Kleiner was joined by existing investors A16z, General Catalyst, Premji, NVIDIA, SV Angel, Universal Health Services , and WellSpan Health.

Technology-focused startups have been able to secure a chunk of investments following a boom in artificial intelligence after the launch of Open AI’s ChatGPT in 2022.

Hippocratic AI was cofounded 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.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Will quick commerce become quicksand?

Next News

Google reorganises AI teams, moves to DeepMind to accelerate development

Hi! This is Admin.

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