Penguin Ai (Series A)
Funding Details
Awarder
Inbox
Date Award
September 12, 2025
Vertical
Healthcare AI
Funding Amount
$25,000,000
Company Info
Founders
Fawad Butt
Market
Healthcare payers and providers
Location
San Francisco, California, USA
Coinvestors
California HealthCare Foundation, Canvas Prime, Eric Larsen, Greycroft, Horizon Mutual Holdings, John Santelli, ManchesterStory Group, Matt Kozlov, Overwater Ventures, Plug & Play Ventures, SemperVirens, Snowflake Ventures, UPMC Enterprises
Company Description

Penguin Ai is a healthcare AI company focused on transforming operations for healthcare payers and providers by leveraging cutting-edge generative AI technology. Its flagship platform combines task-specific Small Language Models (SLMs), Digital Workers and Agents, with a full-service healthcare AI platform to streamline healthcare administration processes such as prior authorizations, claims processing, medical records summarization, and appeals management.

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