Entrepreneur, CEO, And Co-Founder of Hippocratic AI

Hippocratic AI: Healthcare LLM Company Raises $114 Million (Series B) At $1.64 Billion Valuation

Munjal Shah, CEO of Hippocratic AI, confidently leads the way in AI-powered healthcare solutions.
Munjal Shah, CEO of Hippocratic AI, inspires confidence in the company’s mission to transform healthcare through innovative AI applications.


Hippocratic AI, a leader in healthcare-focused large language models (LLMs) for non-diagnostic, patient-facing clinical tasks, has raised $141 million in a Series B funding round led by Kleiner Perkins, bringing its valuation to $1.64 billion. Existing investors, including A16z, General Catalyst, NVIDIA, and Universal Health Services, also participated, contributing at or above their pro-rata share. This funding, secured just nine months after the company’s Series A round, will drive Hippocratic AI’s expansion into pharmaceuticals, payors, and global markets such as EMEA, Southeast Asia, and Latin America. The company’s Polaris 2.0 architecture, which increased model parameters from 1.1 trillion to 3.7 trillion, ensures safety parity with human clinicians—a milestone achieved in collaboration with founding health systems like OhioHealth and Memorial Hermann.

Hippocratic AI also launched its AI Agent App Store, enabling licensed clinicians to design and monetize AI agents tailored to specific healthcare needs. These agents, which have already completed hundreds of thousands of patient interactions with an average satisfaction score of 8.7 out of 10, address tasks like chronic care management and patient education. CEO Munjal Shah emphasized the company’s mission to achieve “healthcare abundance” through scalable AI solutions, supported by partnerships with 23 healthcare organizations. Kleiner Perkins partner Mamoon Hamid highlighted the vast market potential of generative AI in addressing healthcare staffing shortages, positioning Hippocratic AI as a pioneer in transforming patient care and operational efficiency.

Read the full article here

more news

Hippocratic AI Featured in Becker’s: The Rise of Healthcare AI Agents

Discover how autonomous AI systems are transforming healthcare in Becker’s Hospital Review’s article, “Healthcare AI agents, explained.” Unlike traditional language models, these innovative agents not only answer questions but also plan, execute, and learn from outcomes. With uses in automating prior authorizations and improving patient communications, the potential for operational efficiency is significant. Hippocratic AI, co-founded by Munjal Shah, is at the forefront of deploying safety-focused agents that enhance clinical staff. Explore the impact of AI in healthcare and see how these agents are reshaping patient care.

Read more >

Key Takeaways from McDermott HealthEx Day 2: Focus on Responsible AI Integration

At McDermott HealthEx Day 2, healthcare leaders explored the role of artificial intelligence in care delivery. Discussions focused on responsible AI integration, emphasizing governance and transparent patient interactions. As economic pressures rise, providers are adopting AI to enhance operations and patient experiences. The event also highlighted partnerships between health systems and private equity, along with the shift towards value-based care models. Discover how these insights are influencing the future of healthcare.

Read more >

Steve Beard of Adtalem Global Education on Diversifying Medicine and AI Integration

Discover how Steve Beard, CEO of Adtalem Global Education, is transforming healthcare education by championing diversity and integrating technology. With over 90,000 students, Adtalem addresses the critical shortage of healthcare workers while increasing racial representation. Beard’s partnership with Hippocratic AI aims to revolutionize training for nursing students and future physicians, enhancing patient care through innovative AI tools. Join us in exploring Beard’s vision for a more inclusive healthcare workforce.

Read more >