Hippocratic AI, Inc. announced that it has received $126 million in round of funding led by new investor, Avenir Management Company, LLC on November 3, 2025. The transaction is also participated by new investor CapitalG Management Company, LLC; returning investors, Kleiner Perkins Caufield & Byers, Wellspan Health, Universal Health Services, Inc., Cincinnati Children's Hospital Medical Center, Andreessen Horowitz LLC, General Catalyst Group Management, LLC, Premji Invest and individual investors, John Doerr, Rick Klausner, and others. The funding is raised at a post money valuation of $3.5 billion.
Universal Health Services, Inc. specializes in owning and managing health centers. The group provides general and specialty surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, pediatric services, pharmacy services and/or behavioral health services. Net sales break down by activity as follows:
- acute care hospital services (56.4%): as of February 26, 2025, operation of 26 inpatient acute care hospitals, 33 free-standing emergency departments, 10 outpatient centers and a surgical hospital located in the United States;
- behavioral health services (43.6%): operation of 347 facilities located in the United States (195), the United Kingdom (149) and Puerto Rico (3)
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