Healthcare-specific foundation model and AI agent platform delivering low-acuity clinical conversations for hospitals and payers
Healthcare📍 Palo Alto, CAFounded 2023
Current Valuation
$3.5B
as of 2025-Q1
UNICORN
Hippocratic AI builds a healthcare-specific foundation model (Polaris) for low-acuity patient-facing conversations like care coordination, dietitian consultations, and medication reminders. Founded by Munjal Shah (serial entrepreneur, ex-Like.com → Google acquisition). Tested with 5,500+ licensed nurses for safety validation. Partnered with NVIDIA on optimized inference. Customers include WellSpan Health, Cincinnati Children's, and Universal Health Services.
Company Profile
CEO
Munjal Shah
Founded
2023
HQ
Palo Alto, CA
Employees
~250
Total Raised
$278M
Growth
Early commercial (health system pilots)
Last Round
Series B — $141M (Jan 2025) · Lead: Kleiner Perkins
IPO Status
no imminent plans
Fundraising Status
Series B · $141M · 1y 7mo ago
no imminent plansTotal raised $278M
Secondary Market
Implied price / share
$26.33
Last round price / share
$26.33
vs last round
0.0%
Last round price vs secondary price
Secondary price return by period
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Series B
$141M
Jan 2025
Kleiner Perkins
—
Founders & Key People
Munjal Shah
Investors
Kleiner Perkins · Andreessen Horowitz · Premji Invest · General Catalyst · NVIDIA · Universal Health Services
Products
Hippocratic Healthcare LLM
Polaris (constellation of healthcare agents)
Pulse (medical history-taking agent)
Competitors
Suki AI · Abridge · Ambience Healthcare · DeepScribe · Glass Health
HealthcareAIClinical AIHealthcare LLM
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q1. Refreshed quarterly.