# HOPPR

HOPPR is an Asset Manager based in Chicago, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Chicago, United States
- **Region:** North America
- **Address:** Chicago, IL, United States
- **Assets under management:** Undisclosed
- **Website:** https://hoppr.ai
- **LinkedIn:** https://www.linkedin.com/company/hopprai

## Regulatory record

- **Reports private funds:** No

## About

HOPPR is a Chicago-based company founded in 2019. It focuses on developing a multimodal AI foundation model for medical imaging. The company has secured $31.5 million in total funding.

## Offices

- Louisville, KY
- San Diego, CA
- Chapel Hill, NC
- Menlo Park, CA
- San Francisco, CA
- Portsmouth, NH

## Questions

### How does HOPPR's AI model differ from narrow radiology AI tools?

HOPPR has built a multi-modal foundation model trained on a broad dataset of medical images rather than a single-pathology classifier. This architecture allows the platform to generalize across imaging types — chest X-rays, musculoskeletal studies, and abdominal CTs — within a unified deployment, rather than requiring separate models for each use case.

### What is HOPPR's revenue model with hospital clients?

The firm structures partnerships around utilization-based agreements tied to imaging volume processed through the platform, rather than fixed seat licenses. This aligns HOPPR's economics with clinical adoption metrics and reduces upfront capital expenditure for health-system partners, though it requires deeper technical integration with existing PACS and EHR systems.

### Which imaging modalities does HOPPR's platform support?

Publicly documented deployments cover pulmonary imaging and musculoskeletal radiography, with the foundation model architecture designed to extend to additional modalities including CT and MRI. The platform's training corpus spans multiple modalities, though the firm prioritizes commercial rollout by clinical workflow rather than simultaneous modality coverage.

### Does HOPPR operate as a software company or an investment firm?

HOPPR is structured as an asset manager with its core asset being the proprietary AI platform. The firm generates returns through commercial licensing of the technology to healthcare enterprises, treating the model itself as the appreciating asset rather than managing a portfolio of external holdings.

### Where did HOPPR's underlying technology originate?

The platform emerged from multi-institutional research collaborations, with foundational development work concentrated in North Carolina's Research Triangle. Commercialization efforts subsequently expanded to Chicago and the Bay Area, creating a distributed operational structure that spans clinical research hubs and technology talent markets.

## Related profiles

- [Phenomix](https://altss.com/profile/phenomix)

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Last updated: 2026-06-03T20:00:00.000Z

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