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
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Pa & Associates Healthcare, Llc
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Annual Revenue
$00as on Aug 21, 2013
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Net Profit
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EBITDA
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides real-time data for auditing PPI spend in hospitals.
Enables instant contract compliance checks for medical device transactions.
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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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $525,000
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First Round
First Round
(24 Mar 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2016 | Amount | Seed - Kermit PPI | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Startup accelerator
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Founded Year | Domain | Location | |
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Investments in tech startups are made by Diversis Capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Kermit PPI
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Kermit PPI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Kermit Ppi Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
An AI-based platform for global sourcing and outsourcing is offered.
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| domain | founded_year | HQ Location |
Healthcare financial management solutions are developed for institutions and physicians.
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| domain | founded_year | HQ Location |
Cloud-based tail spend management is delivered for business procurement.
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| domain | founded_year | HQ Location |
Cloud-based procurement management solutions are offered for multiple industries.
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| domain | founded_year | HQ Location |
Web-enabled solutions for procurement orchestration in supply chains are offered.
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| domain | founded_year | HQ Location |
Provider of life insurance services
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Kermit PPI
When was Kermit PPI founded?
Kermit PPI was founded in 2011 and raised its 1st funding round 5 years after it was founded.
Where is Kermit PPI located?
Kermit PPI is headquartered in Baltimore, United States. It is registered at Baltimore, Maryland, United States.
Is Kermit PPI a funded company?
Kermit PPI is a funded company, having raised a total of $525K across 1 funding round to date. The company's 1st funding round was a Seed of $525K, raised on Mar 24, 2016.
How many employees does Kermit PPI have?
As of Dec 31, 2022, the latest employee count at Kermit PPI is 24.
What does Kermit PPI do?
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.
Who are the top competitors of Kermit PPI?
Kermit PPI's top competitors include Globality, Fairmarkit and LOGEX.
What products or services does Kermit PPI offer?
Kermit PPI offers Kermit Platform and Cloud-Based Audit Tool.
Who are Kermit PPI's investors?
Kermit PPI has 2 investors. Key investors include Dreamit, and Diversis Capital.
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