Hippocratic AI Secures $141M for Global Expansion

Hippocratic AI has raised $141 million in a Series B funding round, led by Kleiner Perkins, bringing its valuation to $1.64 billion. The company, co-founded by Munjal Shah with contributions from experts at El Camino Health, Johns Hopkins, Microsoft, and NVIDIA, focuses on AI solutions for non-diagnostic, patient-facing tasks. This funding round follows previous investments from General Catalyst, A16z, and NVIDIA, positioning Hippocratic AI to expand into markets such as EMEA, Southeast Asia, and Latin America. The company plans to use the capital to enhance its AI-driven healthcare staffing solutions and further develop its AI Agent App Store, enabling clinicians to create and profit from custom AI agents. Hippocratic AI has secured contracts with 23 health systems and insurers, reflecting its rapid growth and integration into healthcare operations. The boom in AI, catalyzed by advancements like OpenAI's ChatGPT, has fueled increased investment in technology-focused startups like Hippocratic AI.