Healthcare IT Today February 25, 2025
Strong Customer Traction, Positive Patient Response, a Recently Granted Patent, and Achieving Clinical Safety Drive Company Expansion
Hippocratic AI, the company that pioneered the first healthcare LLM for patient-facing non-diagnostic clinical tasks, today announced that the company completed its series B financing round only nine months after its series A. The series B raised $141MM, valuing the company at $1.64B. The round was led by Kleiner Perkins, the venerated VC firm that backed Google, Amazon, and Genentech. Kleiner was joined by existing investors: A16z, General Catalyst, Premji, NVIDIA, SV Angel, Universal Health Services (UHS), and WellSpan Health, which all participated at or above pro-rata.
The company took the opportunity to take on additional capital to further its mission to provide...