Penguin Ai

About Penguin Ai

Penguin AI is a healthcare-native AI platform designed to address the major drivers of administrative waste in healthcare, aiming to deliver ROI within 90 days. It focuses on automating critical processes to reduce costs, improve accuracy, and enhance compliance while avoiding vendor lock-in and the pitfalls of generic AI solutions.

Products & Services

Penguin AI Platform:An end-to-end AI platform for healthcare with layers for secure connectivity, pre-trained healthcare-native models, digital workers for workflow automation, and tools for customization and scaling.

Prior Authorization Solution:Automates prior authorizations, reducing turnaround times by 87% (from 30 minutes to 4 minutes), saving costs, and ensuring compliance with CMS-0057-F.

Claims Adjudication Solution:Speeds up claims processing, reduces manual rework, cuts costs, and improves decision consistency.

Medical Coding Solution:Enhances coding accuracy, reduces denials, ensures compliance, and protects revenue integrity.

Denials Management Solution:Automates appeals to recover revenue faster, reduces A/R backlog, and achieves a 93% appeal overturn rate.

Specialties

Healthcare-Native AI Administrative Waste Reduction Prior Authorization Automation Claims Adjudication Medical Coding Denials Management Fraud Detection Compliance and Privacy

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Series A T: - FT: Series A	A: 29700000 MR: - FA: $29.7 million FAN: 29700000	D: 2025-09-11 FD: 2025-09-11	14 investors

Series A Latest

2025-09-11

$29.7M

14 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Mock Up

Team & Leadership

F

Fawad Butt

Co-Founder and CEO

K

Kishore Ayyadevara

Co-Founder and Chief AI Officer

S

Srinivas Raju

Co-Founder and Head of Engineering

V

Vamsi Bhandaru

Co-Founder and Head of Technical Implementation

M

Mark Caron

Chief Strategy Officer

P

Peter Longo

Chief Revenue Officer

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Recent News

Penguin Ai Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised