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VC-funded Company:

Penguin Ai
San Francisco, CA
https://www.penguinai.co/

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. Designed to streamline healthcare workflows and enhance operational efficiency, Penguin Ai leverages advanced AI models, compliance capabilities, and Digital Workers and Agents to transform the way healthcare enterprises manage their data and operations. Founded by the former Chief Data Officer of Kaiser Permanente, UnitedHealthcare and Optum, Penguin Ai is on a mission to reduce the $1 trillion annual cost of healthcare administration inefficiencies. Through its cutting-edge AI solutions, Penguin Ai aims to streamline healthcare operations, lower costs, and enable better outcomes for patients and providers alike.

Key Contact
Name
Fawad Butt
Title
Co-Founder & CEO
Funding Events

Date
Amount
Type
Investors
Valuation
09/12/25 $25,000,000 Series A 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
Watershed
undisclosed