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Home » Penguin AI has secured $29.7 million in venture capital to tackle the healthcare industry's $1 trillion management burden
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Penguin AI has secured $29.7 million in venture capital to tackle the healthcare industry's $1 trillion management burden

adminBy adminSeptember 11, 2025No Comments5 Mins Read
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Former Chief Data Officers of UnitedHealthCare, Kaiser Permanente and Optum have launched a new healthcare AI company to streamline workflows and reduce inefficiencies

Palo Alto, California., September 11, 2025 /PRNewswire/ -PenguinAI, a healthcare artificial intelligence company that solves administrative personnel, announced today that it is protected. $29.7 million a $25 million Series A led by Greycroft. Other participants in the fundraising include UPMC Enterprises, Sempervirens, Snowflake Ventures, Watershed Ventures, Horizon Mutual Holdings, Inc, and Parents. New Jersey The largest and oldest insurance company. Rounds are also included Support from original lead seed Investor Monthly Story and the floating ventures, and the California Healthcare Foundation, and Matt Kozlovpreviously Techstars and now at Multiball Capital. canvas Prime, Plug and Play and Individual Angels Like John Santelliformer CIO UnitedHealthcare and Eric LarsenIt was previously an advisory committee. Also Last year, they funded the company's seed round. This funding will support payer-provider employment, product development and deployment scaling.

Penguin AI's flagship platform is designed to allow payers and providers to streamline massive administrative workflows, significantly reduce operational costs, and improve overall efficiency using advanced generation AI technology.

“The healthcare industry is plagued by inefficiency and spends billions of administrative tasks each year,” he said. FawadvatFounder and CEO of Penguin AI and former chief data officer of UnitedHealthcare, Kaiser Permanente and Optum. “By leveraging the power of generative AI, these costs can be significantly reduced, increased accuracy, and invalidated valuable resources, enabling payers and providers to provide quality care to patients.”

Penguin AI has already secured key partnerships with key health plans, providers and technology organizations, and is actively working with multiple customers to accelerate the development of enterprise-grade AI platforms, unique language models, and digital workers and agents.

“Since partnering with Penguin AI over a year ago, we have been impressed with their bold platform vision and early customer traction,” he said. Mark TelbeekGreycroft's partner. “We are thrilled to see them accelerate their market initiatives and advance their next-generation AI platform.”

Since the company's launch in early 2024, Penguin AI has built a high-performance team while turning its corporate-grade AI platform into an architectonic. Penguin AI's leadership brings over 100 years of payer, provider and high-tech experiences from organizations such as Capital Blue Cross, UnitedHealthcare, Optum, Kaiser Permanente, Amazon, McKesson, Evelance, and Federal Health Agencies.

Platform Overpoint Solution
Penguin AI is a complete AI platform dedicated to healthcare, combining AI tools with proprietary language models (LMS) and box-out digital workers and agents. The platform allows customers to prepare AI data, use pre-built healthcare LLMS via APIs, and start box solutions immediately in areas such as medical coding, pre-approval, claims, appeal management, risk adjustment, health chart summary or payment integrity.

“At UPMC Enterprise, we will innovate to solve real-world problems in healthcare, a shared mindset that Penguin AI and its founders have. Fawadvat” I said Nicholas ShapiroUPMC Enterprises Vice President, Innovation, Commercialization, and UPMC's Venture Capital Arm. “The healthcare priorities, security and fairness, are especially important when incorporating AI into medical practices. Penguin AI platform capabilities, particularly comprehensive governance and bias correction, and preparing for future demand in this evolving AI market while meeting existing needs.”

“We have invested in Penguin AI for our vision of a full-service healthcare platform, as the technology is fully AI native and built by former executives of key payer and provider organizations,” he said. Robbie PetersFounder and Managing Partner of Sempervirens. “The company is fully focused on automating complex and expensive workflows within healthcare, and we believe that the AI ​​platform benefits LPS and strategic partners who want to leverage one solution rather than collaborating with a large number of vendors that offer AI-enhanced point solutions.”

“Penguin AI is redefineing how healthcare costs and providers use data and AI to reduce costs, reduce friction, and improve results.” Harsha CapreDirector of Snowflake Ventures. “Our investments bring specialized applications directly to Snowflake AI Data Cloud, giving healthcare organizations the confidence to embrace AI and transform their business.”

Penguin AI is poised to reduce the overall management burden of healthcare, and is currently expanding its reach and providing joint solutions to health plans, providers, revenue cycle management companies, and system integrators and technology partners. To learn more or request a demo, visit www.penguinai.co.

About Penguin AI
Penguin AI is a healthcare AI company focused on transforming operations for healthcare payers and providers by leveraging cutting-edge generator AI technology. Its flagship platform combines task-specific small language models (SLMs), digital workers and agents, combining a full-service healthcare AI platform to streamline healthcare management processes such as advance approval, claim processing, medical record summary, and suit management. Penguin AI is designed to streamline healthcare workflows and increase operational efficiency, leveraging sophisticated AI models, compliance capabilities, and digital workers and agents to transform the way healthcare companies manage their data and operations. Founded by Kaiser Permanente, former chief data officers of UnitedHealthcare and Optum, Penguin AI is 1 trillion dollars Annual cost inefficiency in healthcare management. Through cutting-edge AI solutions, Penguin AI aims to streamline healthcare activities, reduce costs, and enable better outcomes for both patients and providers.

For more information about Penguin AI and its conversion solutions, visit www.penguinai.co.

Media Contact:
Grace Vington
Amendola Communications on behalf of Penguin AI
(203) 561-8935
(Email protection)

Sauce Penguin AI



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