Hippocratic AI raises $141M to staff hospitals with clinical AI agents

Story Partners collaborate with Stability AI to boost open-source innovation for creators and developers.

Meanwhile, Kristina Dulaney, RN, PMH-C, founder of Cherished Mom, an organisation dedicated to solving maternal mental health challenges, helped create an AI agent focused on assisting new mothers in navigating postpartum mental health assessments and depression screening. The startup initially concentrated on developing generative AI chatbots to support clinicians and other healthcare professionals, but has since shifted its focus to patients themselves. Its most advanced models leverage the latest developments in AI agents, a form of AI capable of performing more complex tasks unsupervised. Despite rapid advancements in AI, creators within open-source ecosystems face significant challenges in monetising derivative works and securing proper attribution.

Story, the global intellectual property blockchain, has announced its integration with Stability AI’s state-of-the-art models to revolutionise open-source AI development. This collaboration enables creators, developers, and artists to capture the value they contribute to the AI ecosystem by leveraging blockchain technology to ensure proper attribution, tracking, and monetisation of creative works generated through AI. Andreessen Horowitz, or a16z, is investing in AI and biotech to lead the way in innovation.

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In a statement, Raspberry AI said the funding would be used to accelerate its product development and bring on board top engineering, sales and marketing talent to its team. However, with US companies raising and/or spending record sums on new AI infrastructure that many experts have noted depreciates rapidly (due to hardware/chip and software advancements), the question remains which vision of the future will ultimately prevail to become the dominant AI provider for the world. Or perhaps it will always be a multiplicity of models, each with a smaller market share? This is followed by more extensive evaluations and safety assessments by a large network of more than 6,000 nurses and 300 doctors, who will confirm that it passes all required safety tests.

Once the AI agent is up and running, the clinicians who created it will be able to claim a share of the revenue it generates from the startup’s customers. Currently the technology is being used by Under Armour, MCM Worldwide, Gruppo Teddy and Li & Fung to create and iterate apparel, footwear and accessories styles. The company’s existing investors Greycroft, Correlation Ventures and MVP Ventures also joined in the round, along with notable angel investors, including Gokul Rajaram and Ken Pilot. Clearly, even as he espouses a commitment to open source AI, Zuck is not convinced that DeepSeek’s approach of optimising for efficiency while leveraging far fewer GPUs than major labs is the right one for Meta, or for the future of AI.

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Story is the world’s intellectual property blockchain, transforming IP into networks that transcend mediums and platforms, unleashing global creativity and liquidity. By integrating Stability AI’s advanced models, Story is taking a significant step toward building a fair and sustainable internet for creators and developers in the age of generative AI. Hippocratic AI said it’s necessary to have clinicians onboard because they have, over the course of their careers, developed deep expertise in their respective fields, as well as the practical insights to help cure specific medical conditions and the clinical workflows involved.

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The story aims to bridge this gap by combining Stability AI’s cutting-edge technology with blockchain’s ability to secure digital property rights. For example, creators could register unique styles or voices as intellectual property on Story with transparent usage terms. This would enable others to train and fine-tune AI models using this IP, ensuring that all contributors in the creative chain benefit when outputs are monetised.

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Holger Mueller of Constellation Research Inc. said that Hippocratic AI is bringing two of the leading technology trends to the healthcare industry, namely no-code or low-code software development and AI agents. The launch represents a bold step forward in healthcare innovation, giving clinicians the opportunity to participate in the design of AI agents capable of addressing various aspects of patient care. It states that clinicians can create a prototype AI agent specialising in their area of focus in under 30 minutes, and that it takes around three to four hours to develop one that can be tested. Shah said that the past nine months since the company’s previous $50 million funding round have seen it make tremendous progress. During that time, it has been granted its first US patents, fully assessed and verified the safety of its first AI healthcare agents, and signed contracts with 23 healthcare systems, payers and pharmaceutical clients.

For example, one of its AI agents specialises in chronic care management, medication checks and post-discharge follow-up for specific conditions such as kidney failure and congestive heart failure. Hippocratic AI Inc., a healthcare-focused artificial intelligence start-up, announced today that it has closed a $141 million Series B funding round, bringing its total funds raised to more than $278 million. “This round of financing will accelerate the development and deployment of Hippocratic’s generative AI-driven super staffing and continue our quest to make healthcare abundance a reality,” he promised. Raspberry AI, the generative AI platform for fashion creatives, has secured 24 million US dollars in Series A funding led by Andreessen Horowitz (a16z). Today, we’re taking an in-depth look at blockchain innovation with Robert Roose, an entrepreneur on a mission to fix today’s broken monetary system. Hippocratic AI’s early customers include Arkos Health Inc., Belong Health Inc., Cincinnati Children’s, Fraser Health Authority (Canada), GuideHealth, Honor Health, Deca Dental Management, LLC, OhioHealth, WellSpan Health and other well-known healthcare systems and hospitals.

By incorporating this wisdom into its AI agents, it is making them safer and improving patient outcomes, it said. Crucially, any agent created using its platform will undergo extensive safety training by both the creator and Hippocratic AI’s own staff. Every clinician will have access to a dashboard to track their AI agent’s performance and use and receive feedback for further development.

All of this demonstrates a16z’s commitment to shaping the future of technology and healthcare through strategic investments. Both platforms utilise Stability AI’s models to bring creators’ visions to life and Story’s blockchain technology to ensure provenance and attribution throughout the creative process. These real-world applications demonstrate how creators can protect their intellectual property whilst thriving in a shared creative economy. Raspberry AI offers brands and creative teams in the manufacturing sector technology solutions that can help accelerate every stage of the fashion product development cycle, thereby increasing speed to market and profitability whilst reducing costs. Andreessen Horowitz, or a16z, is one of the leading AI investors and focuses exclusively on innovative start-ups. They participated in the funding round for Anysphere on 14 January 2025, investing a total of $105 million in an AI coding tool known as Cursor, whose valuation has reached $2.5 billion.

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In order to ensure its AI agents can do their jobs safely, Hippocratic AI says it only works with licensed clinicians to develop them, taking steps to verify their qualifications and experience first. Once clinicians have built their agents, they’ll be submitted to the startup for an initial round of testing. Through the Hippocratic AI Agent App Store, healthcare organisations and hospitals will be able to access a range of specialised AI agents for different aspects of medical care.

The start-up was co-founded by Chief Executive Officer and serial entrepreneur Munjal Shah and a group of doctors, hospital administrators, healthcare professionals and AI researchers from organisations including El Camino Health LLC, Johns Hopkins University, Stanford University, Microsoft Corp., Google and Nvidia Corp. PIP Labs, an initial core contributor to the Story Network, is backed by investors including a16z crypto, Endeavor and Polychain. Co-founded by a serial entrepreneur with a $440M exit and DeepMind’s youngest product manager, PIP Labs boasts a seasoned founding executive team with expertise in consumer tech, generative AI and Web3 infrastructure. The start-up has also created other AI agents for tasks such as pre- and post-surgery wound care, preparing for extreme heatwaves, home health checks, diabetes screening and education, and many more besides. The start-up said its AI agent creators include Dr Vanessa Dorismond MD, MA, MAS, a distinguished obstetrician and gynaecologist at El Camino Women’s Medical Group and Teal Health, who helped to create an AI agent focused on cervical cancer check-ups and improving patient education. According to the start-up, the aim of these AI agents is to address the massive shortage of trained nurses, social workers and nutritionists in the healthcare sector, both in the US and globally.

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On the same day, a16z also led a Series A investment in Slingshot AI, which has raised a total of $40 million to create a foundation model for psychology. These investments highlight the group’s commitment to using AI to tackle important issues and are also focused on how AI can improve various sectors, including healthcare and consumer services. ”In general, a16z is committed to supporting AI innovations that could have a profound impact on society. We are thrilled to see our models used in Story’s blockchain technology to ensure proper attribution and reward contributors,” said Scott Trowbridge, Vice President of Stability AI. Others include Kacie Spencer, DNP, RN, the chief nursing officer at Adtalem Global Education Inc., who has more than 20 years’ experience in emergency nursing and clinical education. Her AI agent focuses on patient education regarding the correct installation of child car seats.

It took part in a funding round for Anysphere in which the company raised $105 million on 14 January 2025, pushing its valuation up to $2.5 billion. In addition, it has launched a $500 million Biotech Ecosystem Venture Fund in partnership with Eli Lilly, focusing on health technologies with an emphasis on innovative applications. On the same day, they led a Series A investment in Slingshot AI, a company developing advanced generative AI technology for mental health. Additionally, a16z invested in Raspberry AI to bring generative AI to the forefront of fashion design and production. In December 2024, they envisaged a future in which AI was used extensively across almost all sectors.

• The startup said its AI Agent creators include Dr. Vanessa Dorismond MD, MA, MAS, a distinguished obstetrician and gynaecologist at El Camino Women’s Medical Group and Teal Health, who helped to create an AI agent that’s focused on cervical cancer check-ins and enhancing patient education.
• Andreessen Horowitz, or a16z, is one of the leading AI investors and targets only innovative startups.
• Hippocratic AI stated that it is necessary to have clinicians on board because, over the course of their careers, they have developed deep expertise in their respective fields, as well as practical insights to help cure specific medical conditions and the clinical workflows involved.
• Clinicians can create an AI agent prototype that specialises in their area of focus in under 30 minutes, and around three to four hours to develop one that can be tested.