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Hippocratic AI has announced a significant funding round, securing $141 million in Series B financing at a valuation of $1.64 billion. The impressive sum was led by Kleiner Perkins and marks a major milestone for the startup.
Founded less than two years ago, Hippocratic AI is focused on addressing the shortage of healthcare professionals by creating patient-facing AI agents that can perform simple tasks such as pre-operating procedures, remote patient monitoring, and appointment preparation. This innovative approach sets it apart from other healthcare-focused AI companies that primarily aim to reduce administrative burdens.
In 2024, the startup has already signed contracts with an impressive 23 health systems and insurers, demonstrating its rapid growth and success. With this new funding, Hippocratic AI plans to expand its product into more markets and internationally, further solidifying its position in the industry.
This significant investment is a testament to the potential of Hippocratic AI’s solutions, which have the capacity to revolutionize healthcare by providing patients with more personalized care.
Source: techcrunch.com
