Penguin Ai has raised $29.7M in venture funding, including a $25M Series A led by Greycroft. This funding aims to reduce administrative burdens in healthcare using AI.
Amount Raised
$29.7 Million
Round Type
Series A
Palo AltoHealth CareArtificial IntelligenceInvestors
Description
Penguin Ai, a healthcare artificial intelligence company, has secured $29.7 million in venture funding, including a $25 million Series A led by Greycroft. The funding will support hiring, product development, and scaling its platform with payers and providers. Investors include UPMC Enterprises, SemperVirens, and several individual angels. The company aims to tackle inefficiencies in the healthcare industry's administrative operations.
Quick answer
Penguin Ai raised $29.7 Million in a Series A round, dated September 11, 2025. Investors: Canvas Prime, Watershed Ventures, ManchesterStory, Matt Kozlov, John Santelli, Plug And Play, Eric Larsen and Horizon Mutual Holdings, Inc. Penguin Ai is based in Palo Alto, California, United States.
- How much did Penguin Ai raise?
- Penguin Ai raised $29.7 Million in a Series A round on September 11, 2025.
- Who invested in Penguin Ai?
- Canvas Prime, Watershed Ventures, ManchesterStory, Matt Kozlov, John Santelli, Plug And Play, Eric Larsen and Horizon Mutual Holdings, Inc. are named as investors in this round.
- What does Penguin Ai do?
- Penguin Ai is a healthcare AI company focused on transforming operations for healthcare payers and providers by leveraging cutting-edge generative AI technology.
- Where is Penguin Ai based and how big is it?
- Penguin Ai is based in Palo Alto, California, United States. Fundz records about 26 employees.
- Who are the decision-makers at Penguin Ai?
- Fundz holds 1 contact at Penguin Ai, including the Chief Executive Officer / Co-Founder. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Health Care and Artificial Intelligence around the same time
Companies in the same sectors as Penguin Ai that raised within 45 days of this round, from Fundz verified event records.
- Synaptrix Labs raised an undisclosed amount (Seed) on October 24, 2025.
- Spectral AI raised $7.6M (Funding Round) on October 23, 2025.
- Newton raised $3.8M (Seed) on October 22, 2025.
- OpenEvidence raised $200M (Funding Round) on October 20, 2025.
- Moberg Analytics raised $600K on October 20, 2025.
- SehaTech raised $1.1M (Seed) on October 19, 2025.
Who to call at Penguin Ai, and when
A new round usually means Penguin Ai is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Penguin Ai raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Penguin Ai, from your own LinkedIn network
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