Hippocratic AI is the leading generative AI company in healthcare. We have the only system that can have safe, autonomous, clinical conversations with patients. We have trained our own LLMs as part of our Polaris constellation, resulting in a system with over 99.9% accuracy.
Why Join Our TeamReinvent healthcare with AI that puts safety first. We’re building the world’s first healthcare‑only, safety‑focused LLM — a breakthrough platform designed to transform patient outcomes at a global scale. This is category creation.
Work with the people shaping the future. Hippocratic AI was co‑founded by CEO Munjal Shah and a team of physicians, hospital leaders, AI pioneers, and researchers from institutions like El Camino Health, Johns Hopkins, Washington University in St. Louis, Stanford, Google, Meta, Microsoft, and NVIDIA.
Backed by the world’s leading healthcare and AI investors. We recently raised a $126M Series C at a $3.5B valuation, led by Avenir Growth, bringing total funding to $404M with participation from CapitalG, General Catalyst, a16z, Kleiner Perkins, Premji Invest, UHS, Cincinnati Children’s, WellSpan Health, John Doerr, Rick Klausner, and others.
Build alongside the best in healthcare and AI. Join experts who’ve spent their careers improving care, advancing science, and building world‑changing technologies — ensuring our platform is powerful, trusted, and truly transformative.
Location Requirement
We believe the best ideas happen together. To support fast collaboration and a strong team culture, this role is expected to be in our Palo Alto office five days a week, unless otherwise specified.
About the RoleWe are seeking a Corporate Development Associate to join our growing team at Hippocratic AI. This role will support M&A transactions, strategic partnerships, and business development initiatives, contributing to the company’s growth through targeted acquisitions and investments. You will work closely with senior leadership and external advisors to execute transactions from start to finish.
What You'll DoConduct Financial Analysis & Valuation: Build financial models, conduct valuation analyses (e.g., DCF, precedent transactions, comparable company analysis) for potential M&A targets.
Market Research & Target Identification: Perform industry research, identify key market trends, and evaluate potential M&A targets and strategic partnerships aligned with Hippocratic AI's growth strategy.
Due Diligence: Coordinate and support the due diligence process, including reviewing financial, operational, and strategic fit of potential acquisitions.
Negotiation & Deal Structuring: Work with internal stakeholders and external advisors to structure and negotiate deals, including drafting term sheets and evaluating deal terms.
Cross-Functional Collaboration: Partner with internal teams (e.g., legal, finance, operations) to ensure smooth execution of transactions and alignment with corporate strategy.
Strategic Presentations: Prepare presentations for executive leadership and the board of directors, summarizing key findings and recommendations from M&A analysis.
Post-Transaction Integration: Support the post-merger integration process, tracking key performance metrics and ensuring alignment with strategic objectives.
Must-Have:
2-5 years of experience in M&A, Private Equity, or Investment Banking, preferably with exposure to healthcare or technology.
Bachelor's degree in Finance, Economics, Business, or a related field.
Strong financial modeling and valuation skills, with the ability to analyze financial statements and perform due diligence.
Excellent written and verbal communication skills.
Proficient in Excel and PowerPoint; familiarity with M&A databases (e.g., PitchBook, CB Insights) is a plus.
High level of intellectual curiosity, an entrepreneurial mindset, and the ability to work effectively in a fast-paced environment.
MBA or CFA designation is a plus but not required
Please be aware of recruitment scams impersonating Hippocratic AI. All recruiting communication will come from @hippocraticai.com email addresses. We will never request payment or sensitive personal information during the hiring process.
Top Skills
What We Do
Hippocratic AI’s mission is to develop the first safety-focused Large Language Model (LLM) for healthcare. The company believes that a safe LLM can dramatically improve healthcare accessibility and health outcomes in the world by bringing deep healthcare expertise to every human. No other technology has the potential to have this level of global impact on health.
The company was co-founded by CEO Munjal Shah, alongside a group of physicians, hospital administrators, healthcare professionals, and artificial intelligence researchers from El Camino Health, Johns Hopkins, Washington University in St. Louis, Stanford, Google, Microsoft, Meta and NVIDIA. Hippocratic AI has received a total of $137 million in funding and is backed by leading investors, including General Catalyst, Andreessen Horowitz, Premji Invest, SV Angel, NVentures (Nvidia Venture Capital), and Greycroft. For more information on Hippocratic AI: www.HippocraticAI.com.
