In the early 2000s, Munjal Shah founded Andale, a cloud-based e-commerce platform, and later like.com, a visual search engine. Both ventures were successful, with like.com being acquired by Google for over $100 million in 2010. However, a personal health scare after the sale led Shah to pivot towards healthcare entrepreneurship. He founded HealthIQ and Hippocratic AI, focusing on using AI to improve healthcare delivery. Hippocratic AI developed the first large language model specifically for healthcare, facilitating real-time voice interactions with patients for nondiagnostic tasks.
Hippocratic AI addresses the shortage of healthcare workers by using generative AI for routine tasks, allowing human resources to focus on critical patient care. The company envisions AI performing roles such as AI dietitians and automated consultants. The model has outperformed GPT-4 on medical exams, securing a $53 million Series A funding, valuing the company at $500 million. Shah’s career reflects his ability to identify and capitalize on technological shifts, with his latest focus on AI as a transformative force in healthcare.