Corporate Development Associate
Job Description
About Us
Hippocratic AI has developed a 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.
Why Join Our Team
Innovative Mission: We are developing a safe, healthcare-focused large language model (LLM) designed to revolutionize health outcomes on a global scale.
Visionary Leadership: Hippocratic AI was co-founded by CEO Munjal Shah, alongside a group of physicians, hospital administrators, healthcare professionals, and artificial intelligence researchers from leading institutions, including El Camino Health, Johns Hopkins, Stanford, Microsoft, Google, and NVIDIA.
Strategic Investors: We have raised a total of $278 million in funding, backed by top investors such as Andreessen Horowitz, General Catalyst, Kleiner Perkins, NVIDIA’s NVentures, Premji Invest, SV Angel, and six health systems.
World-Class Team: Our team is composed of leading experts in healthcare and artificial intelligence, ensuring our technology is safe, effective, and capable of delivering meaningful improvements to healthcare delivery and outcomes.
For more information, visit www.HippocraticAI.com.
We value in-person teamwork and believe the best ideas happen together. Our team is expected to be in the office five days a week in Palo Alto, CA unless explicitly noted otherwise in the job description.
Overview
We 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.
Responsibilities
Conduct 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.
Qualifications
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.
***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. If anything
