Penguin Ai

SoftwareSeries APalo Alto, USpenguinai.co

Latest round

Series A

Last raised

Sep 2025

Total raised

$28M

Investors

11

About Penguin Ai

Penguin Ai, founded in 2024 and headquartered in Palo Alto, US, specializes in an AI-driven healthcare platform that addresses administrative waste in the healthcare sector.Penguin Ai focuses on an advanced healthcare artificial intelligence platform that targets the estimated USD 1 trillion in administrative waste in healthcare. The platform features integrated solutions that enhance healthcare workflows by automating processes in prior authorization, billing, claims adjudication, medical coding, and denials management. Utilizing a healthcare-native Small Language Model, the platform improves efficiency and accuracy for healthcare payers and providers without requiring changes to existing systems, catering primarily to clients in the US but with potential global applications. Penguin Ai operates on a subscription-based revenue model, partnering with healthcare institutions, including providers and payers. Customers access various functionalities of the platform through tiered pricing plans based on the services they utilize, such as automated prior authorization or claims processing. The company is focused on launching new products that improve healthcare administrative processes, while also exploring expansion into additional markets beyond the United States.

Who invested in Penguin Ai

11 investors across 2 rounds

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Funding rounds

  1. Series A

    Sep 11, 2025

    Amount

    $25M

    Investors

    Locked

  2. Seed

    Jun 1, 2024

    Amount

    $2.9M

    Investors

    Locked

Questions about Penguin Ai

Who invested in Penguin Ai?

Penguin Ai has 11 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Penguin Ai raised?

Penguin Ai has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Penguin Ai last raise money?

Penguin Ai's most recent round on record is a Series A, in Sep 2025.

What does Penguin Ai do?

Penguin Ai, founded in 2024 and headquartered in Palo Alto, US, specializes in an AI-driven healthcare platform that addresses administrative waste in the healthcare sector.

Where is Penguin Ai headquartered?

Penguin Ai is headquartered in Palo Alto, US.

Which VCs invest in companies like Penguin Ai?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Penguin Ai's stage. Their profiles are linked below.

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