Hippocratic AI Raises $126 Million at $3.5 Billion Valuation

The raise positions the company to pursue acquisitions, product development, plus international expansion.

Overview

Avenir Growth led the Series C round, with participation from CapitalG, General Catalyst, Andreessen Horowitz, Kleiner Perkins, and Universal Health Services.
The financing lifts total capital raised to $404 million and nearly doubles the company’s valuation from $1.64 billion earlier this year.
Hippocratic AI develops generative AI agents for healthcare and reports partnerships with more than 50 organizations including Cleveland Clinic, Northwestern Medicine, Ochsner Health, Moffitt Cancer Center, and University Hospitals.
Company leaders say the new funding will support mergers, continued product work, and expansion into new international markets.
The deal lands during a broad funding upswing, with global venture investment up 38% year over year to $97 billion in Q3 and 46% of that directed to AI companies.