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Penguin AI provides a healthcare-focused AI platform that automates administrative workflows to speed approvals and reduce manual work for payers and providers. The platform uses custom healthcare…

Penguin AI provides a healthcare-focused AI platform that automates administrative workflows to speed approvals and reduce manual work for payers and providers. The platform uses custom healthcare…
Sector: Healthcare AI (enterprise B2B SaaS)
Core product: Platform to automate administrative healthcare workflows (prior auth, claims, denials, Patient 360)
Founded: 2024
HQ: Palo Alto, California, United States
Recent funding: Series A (2025) — $25M reported as part of $29.7M round
Administrative inefficiency in healthcare (prior authorizations, claims/denials processing, clinical/care decision support).
2024
Software Development
25000000
Reported as $25M Series A that was part of a $29.7M venture financing round.
29700000
Reported total round amount including Series A participation.
“Includes institutional backers such as Greycroft and multiple healthcare and venture investors; reported investor list includes California HealthCare Foundation, Canvas Prime, Eric Larsen, Greycroft, Horizon Mutual Holdings, John Santelli, ManchesterStory Group, Matt Kozlov, Overwater Ventures, Plug & Play, SemperVirens Venture Capital, Snowflake, UPMC Enterprises, Watershed VC”
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