Startups
Penguin Ai
Palo Alto, California, United States
Penguin Ai Corp. is a Palo Alto healthcare artificial intelligence company founded in early 2024. It develops an operating system for healthcare administration, combining data integration, governed contextual reasoning, task-specific language models and AI Workers for payers, providers and revenue-cycle organizations. Published workflows include prior authorization, utilization management, medical coding, risk adjustment, claims processing, appeals and payment integrity. Its Gwen product lets customers build governed AI Workers. The company describes auditable recommendations, permissions and human oversight; these are administrative platform capabilities, not a verified regulatory approval or claim that the platform independently diagnoses patients. The current public leadership roster lists Fawad Butt, Kishore Ayyadevara, Niki Panich, Abigail Crenshaw, Dan Wu, Nate Kiely and Jake Reichert. Its author directory additionally names Glenn Herzberg and Julian Gutierrez. Earlier executive and founding-team roles announced in 2025 are retained with their source period rather than assumed to remain current. Penguin Ai announced a USD 25M Series A led by Greycroft on September 11,2025 within USD 29.7M of cumulative venture funding. The cumulative figure is not an additional round, and the undisclosed2024 seed amount is not calculated by subtraction. CHCF separately reports USD 400K in June 2025 and USD 100K in November 2025 as program-related investments; their instrument and overlap with the Series A are not disclosed. This healthcare company at penguinai.co is distinct from the closed penguinai.app sales-software business, Penguin Solutions and Penguin Random House.
Team
 Abigail CrenshawChief of Staff & Head of Operations |
 Dan WuHead of Product |
 Fawad ButtCo-Founder & CEO |
 Glenn HerzbergMarketing Manager |
 Jake ReichertVP of Engineering |
 Julian GutierrezPrincipal UI-UX Architect USA |
 Kishore AyyadevaraCo-Founder & Chief AI Officer |
Mark CaronChief Strategy Officer (last confirmed September 2025) |
Mike EspySales Executive (last confirmed September 2025) |
Missy KrasnerCo-Founder & Advisor (last confirmed September 2025) |
 Nate KielyChief Revenue Officer |
 Niki PanichChief Medical Officer |
 Peter LongoFounding Team; Chief Revenue Officer (confirmed September 2025; superseded May 2026) |
Srini RudrarajuFounding Team; Head of Engineering (last confirmed September 2025) |
Terry McMannHead of Partnerships (last confirmed September 2025) |
Vamsi BhandaruFounding Team; Head of Technical Implementation (last confirmed September 2025) |