About Kermit PPI
Kermit PPI is a company based in Baltimore (United States) founded in 2011 was acquired by Diversis Capital in November 2025. Kermit PPI has raised $525 thousand across 1 funding round from investors including Dreamit and Diversis Capital. The company has 24 employees as of December 31, 2022. Kermit PPI offers products and services including Kermit Platform and Cloud-Based Audit Tool. Kermit PPI operates in a competitive market with competitors including Globality, LOGEX, Fairmarkit, Tropic and Omnea, among others.
- Headquarter Baltimore, United States
- Employees 24 as on 31 Dec, 2022
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Sectors
HealthcareTechnology
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Pa & Associates Healthcare, Llc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$525 K (USD)
in 1 rounds
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Latest Funding Round
$525 K (USD), Seed
Mar 24, 2016
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Investors
Dreamit
& 1 more
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Employee Count
24
as on Dec 31, 2022
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Acquired by
Diversis Capital
(Nov 12, 2025)
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Products & Services of Kermit PPI
Kermit PPI offers a comprehensive portfolio of products and services, including Kermit Platform and Cloud-Based Audit Tool.
Provides real-time data for auditing PPI spend in hospitals.
Enables instant contract compliance checks for medical device transactions.
People of Kermit PPI
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Funding Insights of Kermit PPI
Kermit PPI has successfully raised a total of $525K through 1 strategic funding round. The most recent funding activity was a Seed round of $525 thousand completed in March 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Kermit PPI
Kermit PPI has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Dreamit and Diversis Capital.
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Startup accelerator
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Investments in tech startups are made by Diversis Capital.
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Investor details for Kermit PPI
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Investments & Acquisitions by Kermit PPI
Investment portfolio details for Kermit PPI
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Financial Statements - Kermit PPI
Detailed financials for Kermit PPI
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Kermit Ppi Comparisons
Peer comparison for Kermit PPI
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Competitors of Kermit PPI
Kermit PPI operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Globality, LOGEX, Fairmarkit, Tropic and Omnea, among others.
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An AI-based platform for global sourcing and outsourcing is offered.
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Healthcare financial management solutions are developed for institutions and physicians.
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Cloud-based tail spend management is delivered for business procurement.
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Cloud-based procurement management solutions are offered for multiple industries.
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Web-enabled solutions for procurement orchestration in supply chains are offered.
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Provider of life insurance services
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Detailed competitors of Kermit PPI
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Latest news on Kermit Ppi
Complete news archive for Kermit PPI
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Frequently Asked Questions about Kermit PPI
Kermit PPI was founded in 2011 and raised its 1st funding round 5 years after it was founded.
Kermit PPI is headquartered in Baltimore, United States. It is registered at Baltimore, Maryland, United States.
Kermit PPI is a funded company, having raised a total of $525K across 1 funding round to date.
As of Dec 31, 2022, the latest employee count at Kermit PPI is 24.
Founded in 2011 and based in Baltimore, United States, Kermit PPI operates as a subsidiary of PA Associates Healthcare. A cloud-based platform is provided for point-of-use spend management and financial analytics in the implantable medical devices sector for hospitals. Services include automated contract compliance, bill auditing, and dashboard analytics for surgeons and supply chain teams. The platform is custom-built using Mendix and delivered via subscription model.
Kermit PPI's top competitors include Globality, Fairmarkit and LOGEX.
Kermit PPI offers Kermit Platform and Cloud-Based Audit Tool.
Kermit PPI has 2 investors. Key investors include Dreamit, and Diversis Capital.