Tech Company Financing Transactions
Hippocratic AI Funding Round
On 5/16/2023, Hippocratic AI raised $50 million in Seed investment from Andreessen Horowitz and General Catalyst Partners.
Transaction Overview
Company Name
Announced On
5/16/2023
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Seed
Investors
Andreessen Horowitz (Lead Investor)
General Catalyst Partners (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
167 Hamilton Ave, 3rd Fl
Palo Alto, CA 94301
USA
Palo Alto, CA 94301
USA
Phone
Undisclosed
Website
Email Address
Overview
Hippocratic AI is building a safety focused large language model (LLM) for the healthcare industry. We believe that generative AI has the potential to massively increase healthcare access the world over but has to be built and tested responsibly. Like the Hippocratic oath that doctors take we are building a model that aims to "Do no Harm." Hippocratic AI's model is tuned for the healthcare industry in three ways:
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Munjal Shah
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