Command Palette

Search for a command to run...

Demo mode
All companies

Hippocratic AI

Safety-focused generative AI voice agents that give healthcare its "abundance era" by automating non-diagnostic, patient-facing clinical work

AI Agents & EvidencePatient-Facing Clinical AI AgentsFounded 2023 · Palo Alto, California, USAWebsite

Updated 3d ago

Valuation

$3.5B

as of Nov 2025

Total raised

$404M

Series C

Est. revenue

$15.8M

~2025

Momentum

9/10

Maturity

6/10

Headcount

~290

Valuation trajectory
Disclosed post-money valuation at each round
Business focus

Builds patient-facing generative AI voice agents for non-diagnostic clinical tasks — post-discharge follow-up, chronic care check-ins, medication reminders, pre-op prep, appointment scheduling, care gap closure, clinical trial recruitment — sold to health systems, payers, pharma, and medtech. Core asset is Polaris, a patented multi-model "safety constellation" architecture where specialist support models supervise a primary conversational LLM; agents are validated by 7,500+ US-licensed clinicians and explicitly barred from diagnosing or prescribing. Polaris 5.0 (April 2026) is a 5-trillion-parameter constellation on a 700B-parameter core model with contextual ASR, cough detection, drug-safety checks, and clinical escalation (including suicidal-ideation and CPS alerts), benchmarked by the company as outperforming frontier voice-deployable models on clinical tasks at latencies they cannot match. Products span outbound patient calls, an "AI Front Door" replacing call centers/digital front doors, an inpatient "Nurse Co-Pilot" voice assistant, and Polaris Life Sciences for biopharma workflows.

Revenue model

Usage-based B2B: health systems, payers, and pharma/medtech clients pay roughly $9 per active agent-hour (framed against ~$40/hr for an RN), with per-interaction economics of about $0.10-$2.00 per patient call; no seat licenses or large upfront fees, plus an emerging AI Agent App Store with third-party revenue share and a growing life-sciences line (clinical trial recruitment via Grove AI's 'Grace').

Company does not disclose revenue. $15.8M ARR is a third-party estimate (GetLatka, 2025) and likely understates the current run-rate: 50+ enterprise clients in 6 countries at Series C (Nov 2025), 180M+ cumulative patient interactions, 10M+ calls served on the new DigitalOcean inference stack by May 2026, and a company-stated pace of 50M+ medical conversations in 2026. Treat as low-confidence directional figure. Fact-check (2026-07-05): funding claims verified against primary sources — $126M Series C led by Avenir Growth at $3.5B valuation (Nov 2025), $404M total raised, Munjal Shah CEO, Grove AI acquisition (Jan 2026) all confirmed; no Series D or IPO found; headcount 290 consistent with LeadIQ (~268, Mar 2026) and Tracxn (312, May 2026).

Strategy

Stated: use safety as the wedge ("do no harm", staged clinician validation) to become the trusted default for patient-facing AI, then scale into an era of "healthcare abundance" where AI clinical capacity costs ~$9/hour. Inferred: land-and-expand from outbound calls into the full patient access layer (AI Front Door) and inpatient workflows (Nurse Co-Pilot); diversify beyond provider budgets into higher-margin pharma/medtech (Grove AI acquisition, Life Sciences division under a dedicated president, BCG and KPMG channel partnerships); use the $3.5B-valuation Series C as M&A currency to consolidate healthcare voice AI; vertically control the model-plus-inference stack (proprietary Polaris 5.0 co-engineered onto DigitalOcean's AI-native cloud with NVIDIA Blackwell Ultra GPUs) to hold a structural cost and latency edge over frontier-model wrappers; and go international early (6 countries, NHS trust, Sheba Medical Center, Japan aging-population narrative) where clinician shortages are most acute.

Moat

Safety infrastructure as a regulatory-grade barrier: a patented Polaris constellation architecture, 7,500+ US-licensed clinicians in the validation loop, and a claimed track record of 180M+ patient interactions with ~99.9% correct clinical guidance and zero severe harm events — a data and trust asset competitors cannot quickly replicate. Now reinforced by a vertically tuned inference stack (co-engineered with DigitalOcean and NVIDIA: 2x prefill speedup, ~30% higher per-node throughput, 400ms time-to-first-token at production scale) that lets a healthcare-specific model undercut frontier-model latency and cost, and by deep captive distribution: health systems (UHS, WellSpan, Cincinnati Children's) are both investors and customers, and blue-chip VCs (a16z, General Catalyst, Kleiner, CapitalG, NVIDIA) provide capital and compute advantages.

Future bets

Life sciences as a second growth engine (pharma and medtech voice agents)

high

Grove AI acquisition at JPM26, Polaris Life Sciences launch, Dr. Ahad Wahid named President of Life Sciences, multiple senior pharma/medtech exec hires in May 2026, an advisory council of ex-Gilead/AbbVie/Boston Scientific/NCI leaders, and a BCG collaboration all within six months.

Acquisition-led consolidation of the healthcare agent space

high

Series C proceeds were explicitly earmarked for M&A; Grove AI closed within two months of the raise and coverage (MobiHealthNews, Fierce, pharmaphorum) frames the war chest as fuel for further deals.

Owning the patient-access layer: replacing call centers and digital front doors with the omni-topic AI Front Door

high

April 2026 dual launch positioned AI Front Door as a replacement for the 'digital front door' category, with WellSpan and Cincinnati Children's as launch partners — a move from task-based calls to owning the whole patient relationship.

Vertical model-plus-infrastructure ownership as a durable cost/latency moat against frontier models

medium

Polaris 5.0 was launched with head-to-head benchmarks against GPT/Claude/Gemini, and the co-engineered DigitalOcean + NVIDIA Blackwell Ultra inference stack (2x prefill, ~30% throughput gains, 400ms TTFT at 10M+ calls) shows deliberate investment in owning the serving economics rather than renting hyperscaler AI.

Expansion from outbound patient calls into inpatient clinical workflows via Nurse Co-Pilot

medium

Co-developed with Cincinnati Children's, OhioHealth, and Cleveland Clinic (Modern Healthcare feature, May 2026) and pitched as returning 1-4 nursing hours per shift; puts Hippocratic into the bedside workflow adjacent to ambient-AI vendors.

International markets with acute clinician shortages (UK NHS, Israel, Japan, Middle East/Asia)

medium

KPMG global deployment partnership, clients in 6 countries, Guy's & St Thomas' NHS Trust engagement, Sheba Medical Center partnership in Israel, staff across 4 continents, and repeated CEO commentary on Japan's demographic crunch.

Recent moves

May 2026

Announced 10M+ patient calls served at a 99.9% clinical safety score and 8.95/10 average patient rating on DigitalOcean's AI-Native Cloud with NVIDIA Blackwell Ultra (HGX B300) GPUs — a co-engineered inference stack delivering 2x prefill speedup, ~30% higher per-node throughput, and 400ms time-to-first-token; also expanded life sciences leadership with senior pharma/medtech executive appointments

Apr 2026

Launched two flagship products — AI Front Door (omni-topic replacement for call centers/digital front doors) and Nurse Co-Pilot (first inpatient nurse voice assistant, co-developed with Cincinnati Children's, OhioHealth, Cleveland Clinic) — and expanded health-system footprint including Gift of Life Marrow Registry (550,000-donor voice outreach); disclosed 180M+ cumulative interactions

Apr 2026

Launched Polaris 5.0 (Apr 30): a 5-trillion-parameter safety constellation on a 700B core model with contextual ASR, cough detection, drug safety, and suicidal-ideation/CPS escalation, benchmarked as outperforming frontier voice-deployable models (GPT, Claude, Gemini) on 50+ clinical/regulatory tasks at lower latency

Mar 2026

Named to Forbes America's Best Startup Employers 2026 while hiring across all departments (~46 open roles), signaling continued headcount ramp from ~181 (Sept 2025) toward ~300

Feb 2026

Faced escalating organized-labor and professional pushback: NNU/NYSNA demonstrations against hospital AI with the $9/hour AI 'nurses' framing a focal point, and the American Academy of Nursing issued an AI position statement demanding human-in-the-loop oversight

Jan 2026

Acquired Grove AI (voice agent 'Grace' for clinical trial recruitment; 10M+ patient interactions, 50+ phase 2/3 trials) at JPM26; launched Polaris Life Sciences, named Dr. Ahad Wahid President of Life Sciences, and announced a BCG strategic collaboration

Nov 2025

Raised $126M Series C led by Avenir Growth at a $3.5B valuation (total raised $404M), citing 50+ clients in 6 countries, 1,000+ use cases, and 115M+ patient interactions; earmarked funds for M&A and global expansion

Jul 2025

Partnered with Sheba Medical Center (Israel) on generative AI integration and struck a global collaboration with KPMG's healthcare consulting practice to deploy patient-facing agents internationally

Jan 2025

Raised $141M Series B led by Kleiner Perkins at a $1.64B valuation; rolled out AI agent marketplace and reported 23 signed clients in first 23 weeks of commercialization

Key people

Munjal ShahCo-founder & CEO

Serial entrepreneur: founded Andale (early SaaS) and Like.com (AI visual search, acquired by Google); leads the 'healthcare abundance' vision.

Meenesh Bhimani, MDCo-founder & Chief Medical Officer

Emergency physician and former hospital COO/President; Johns Hopkins MD, Cornell healthcare administration masters; oversees clinical safety.

Vishal ParikhCo-founder & Chief Product Officer

Leads product and engineering across the Polaris model, infrastructure, interfaces, and tooling.

Subho MukherjeeCo-founder & Chief Science Officer

Heads next-generation multimodal LLM, speech, and voice models aligned to clinical safety and empathy.

Saad GodilCo-founder & CTO

Former NVIDIA AI researcher; leads core AI infrastructure and model training, including the DigitalOcean/NVIDIA Blackwell inference stack.

Alex MillerCo-founder & SVP of AI Operations

Runs the clinician-in-the-loop AI operations organization, including the 7,500+ US-licensed nurses/clinicians who test and validate agents.

Ahad Wahid, MDPresident, Life Sciences

Appointed January 2026 to lead the newly formed life sciences division after the Grove AI acquisition; supported by an advisory council of former Gilead, AbbVie, Boston Scientific, and NCI leaders.

Strengths
  • Category leadership in patient-facing healthcare voice AI with 50+ health system, payer, and pharma clients across 6 countries, 1,000+ use cases, and 180M+ cumulative patient interactions
  • Differentiated, patented safety architecture (Polaris 5.0: 5T-parameter constellation, 700B core) plus clinician-in-the-loop validation that anchors the sales narrative in a risk-averse buyer market
  • Elite investor syndicate (Avenir, CapitalG, a16z, General Catalyst, Kleiner Perkins, NVIDIA, Premji) and $404M raised, enabling M&A and compute scale
  • Strategic health-system investors doubling as design partners and referenceable customers (UHS, WellSpan, Cincinnati Children's, Memorial Hermann)
  • Disruptive unit economics ($9/agent-hour vs ~$40/hour RN) with low-friction usage-based pricing, now reinforced by a cost-optimized DigitalOcean/NVIDIA Blackwell inference stack (2x prefill speedup, ~30% higher per-node throughput)
  • Fast product cadence: Polaris versions through 5.0, AI Front Door, Nurse Co-Pilot, and Polaris Life Sciences all shipped within ~18 months of commercialization
  • Employer-brand strength (Forbes America's Best Startup Employers 2026, ~4.7/5 Glassdoor career-opportunity rating) supporting rapid hiring across all departments
Weaknesses
  • Revenue (est. low tens of millions ARR) remains small relative to a $3.5B valuation, implying a very demanding growth multiple
  • Safety metrics (99.9% correct guidance, zero severe harm) are self-reported or vendor co-announced (DigitalOcean case study) rather than independently audited or peer-reviewed at scale
  • Organized labor backlash: National Nurses United and NYSNA demonstrations explicitly target AI 'nurses' and the $9/hour framing, and the American Academy of Nursing's Feb 2026 AI position statement demands human-in-the-loop mandates
  • Restriction to non-diagnostic tasks caps per-interaction value and invites commoditization from cheaper generic voice-AI stacks
  • Sprawl risk: simultaneous pushes into inpatient tools, patient access, life sciences, international markets, proprietary infrastructure, and M&A with only ~260-310 employees
  • Headcount and hiring signals (46 open roles across all departments) suggest execution capacity still lags the breadth of announced product lines
Risks
  • A single high-profile patient harm incident attributed to an agent could unravel the safety-first brand and chill the entire category
  • Regulatory whiplash: the FDA's January 2026 deregulatory guidance is a near-term tailwind, but the AAN's February 2026 position statement and a 2026 wave of state bills (patient disclosure/consent, barring AI from presenting as a clinical provider, mental-health chatbot rules) could reclassify agents or mandate human oversight, breaking the cost model
  • Union and public backlash over 'replacing nurses' may slow hospital adoption or trigger contract clauses restricting AI use
  • Frontier-model commoditization: EHR incumbents (Epic) or big tech could bundle good-enough patient-engagement voice AI at marginal cost, eroding the Polaris performance premium the company markets against GPT/Claude/Gemini
  • Health system budget cycles and pilot fatigue could keep deployments small, while integration debt from M&A (Grove AI and future deals) strains execution
  • Dependence on a smaller cloud partner (DigitalOcean) for safety-critical production inference concentrates operational risk relative to hyperscaler redundancy
Ecosystem

Technologies

healthcare-specific LLM (Polaris 5.0, 5T-parameter constellation / 700B core)multi-model safety constellation architecturevoice AI agentsLLM agentscontextual ASR and speech/voice multimodal modelsclinician-in-the-loop RLHFAI agent marketplace/app storeco-engineered inference stack on DigitalOcean AI-native cloud with NVIDIA Blackwell Ultra GPUs

Partnerships

Universal Health ServicesWellSpan HealthCincinnati Children's Hospital Medical CenterOhioHealthCleveland ClinicMemorial HermannGuy's & St Thomas' NHS Foundation TrustSheba Medical CenterKPMGBoston Consulting GroupNVIDIADigitalOceanGift of Life Marrow Registry
Change history
Jul 8, 2026 · news

DigitalOcean raises Q2 guidance on AI customer growth By Investing.com - Investing.com India (Investing.com India)

Jul 8, 2026 · news

How nurses are shaping the next wave of clinical AI tools - Modern Healthcare (Modern Healthcare)

Jul 5, 2026 · news

If the FDA isnt regulating every aspect of AI in healthcare who will ? Executives debate at San Diego waterfront – San Diego Union - Tribune (sandiegouniontribune.com)

Jul 5, 2026 · seed

Intelligence profile re-researched for Hippocratic AI.

Jul 5, 2026 · news

Top Generative AI Companies to Watch in 2026 - Simplilearn.com (Simplilearn.com)

Jul 5, 2026 · news

How NVIDIA’s Inference Software Stack Powers the Lowest Token Cost - NVIDIA Blog (NVIDIA Blog)

Jul 5, 2026 · seed

Initial intelligence profile created for Hippocratic AI.

Sources
  1. hippocraticai.com/hippocratic-ai-announces-series-c-funding-126-million/
  2. businesswire.com/news/home/20251103432446/en/Hippocratic-AI-Raises-$126-
  3. fiercehealthcare.com/ai-and-machine-learning/hippocratic-ai-lands-126m-s
  4. businesswire.com/news/home/20250109643850/en/Hippocratic-AI-Completes-$1
  5. globenewswire.com/news-release/2023/05/16/2670039/0/en/Hippocratic-AI-La
  6. uhs.com/news/hippocratic-ai-raises-53-million-series-a-at-a-500-million-
  7. fiercehealthcare.com/ai-and-machine-learning/jpm26-hippocratic-ai-acquir
  8. pharmaphorum.com/news/hippocratic-ai-builds-life-sciences-grove-ai-buy
  9. businesswire.com/news/home/20260112959357/en/Hippocratic-AI-Consolidates
  10. hippocraticai.com/hippocratic-ai-launches-polaris-5-0/
  11. prnewswire.com/news-releases/hippocratic-ai-launches-polaris-5-0-the-fir
  12. businesswire.com/news/home/20260527711308/en/Hippocratic-AI-Scales-to-10
  13. prnewswire.com/news-releases/hippocratic-ai-launches-two-industry-firsts
  14. businesswire.com/news/home/20260424198480/en/Hippocratic-AI-Expands-Foot
  15. prnewswire.com/news-releases/hippocratic-ai-expands-life-sciences-leader
  16. businesswire.com/news/home/20260303030987/en/Hippocratic-AI-Included-on-
  17. hippocraticai.com/press/
  18. getlatka.com/companies/hippocraticai.com
  19. leadiq.com/c/hippocratic-ai/6463f433e83811e4ee59423e/employee-directory
  20. sacra.com/c/hippocratic-ai/
  21. telehealth.org/news/american-academy-of-nursing-issues-comprehensive-ai-
  22. healthcare-brew.com/stories/2026/03/25/state-healthcare-ai-regulation
  23. techpolicy.press/the-nurses-union-breaking-ranks-to-fight-ai-in-hospital
  24. hippocraticai.com/team/
  25. mobihealthnews.com/news/hippocratic-ai-raises-126m-fund-mergers-and-acqu
  26. grovetrials.com/news/grove-ai-acquired-by-hippocratic-ai
  27. tracxn.com/d/companies/hippocratic-ai/__hfzy4ZxlHsbX6qTU30OGaj1oPYin6gk6
  28. crunchbase.com/person/munjal-shah