About Penn Medicine
Penn Medicine is a company based in United States founded in 1993.. The company has 150 employees as of December 31, 2021. Penn Medicine has completed 1 acquisition, including Penn Medicine Princeton Health. Penn Medicine operates in a competitive market with competitors including Intermountain Healthcare, WellSpan, NYU Langone, Community Health Systems and ProMedica, among others.
- Headquarter United States
- Employees 150 as on 31 Dec, 2021
-
Sectors
Healthcare
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Pma Medical Specialists
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$5.68 M (USD), Grant
Jun 02, 2025
-
Investors
NASA
& 8 more
-
Employee Count
150
as on Dec 31, 2021
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Software Development Team
61 people
Leadership Team
46 people
Senior Team
22 people
Finance and Accounting
21 people
Human Resources and Administration
16 people
Data Analysis and Operations Team
15 people
Sales and Marketing
14 people
Product Management Team
13 people
Unlock access to complete
Funding Insights of Penn Medicine
- Total Funding Total Funding
- Total Rounds 431
- Last Round Grant — $5.7M
-
First Round
First Round
(05 Jul 2004)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2025 | Amount | Grant - Penn Medicine | Valuation |
investors |
|
| May, 2025 | Amount | Grant - Penn Medicine | Valuation |
investors |
|
| May, 2025 | Amount | Grant - Penn Medicine | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Penn Medicine
Penn Medicine has secured backing from 9 investors, including institutional investors. Prominent investors backing the company include NASA, NIH and HHS. 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 |
|---|---|---|---|---|
|
The Warren Alpert Foundation is focused on improving public health.
|
Founded Year | Domain | Location | |
|
Drug discovery services are provided to the biopharma sector.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Penn Medicine
Penn Medicine has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Penn Medicine Princeton Health. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Healthcare services are provided by a regional health system.
|
2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Penn Medicine
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Penn Medicine Comparisons
Competitors of Penn Medicine
Penn Medicine 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 Intermountain Healthcare, WellSpan, NYU Langone, Community Health Systems and ProMedica, 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 |
Healthcare services are delivered through integrated hospital networks.
|
|
| domain | founded_year | HQ Location |
Healthcare services are delivered by WellSpan across United States facilities.
|
|
| domain | founded_year | HQ Location |
Health system
|
|
| domain | founded_year | HQ Location |
Multispecialty acute-care services are provided across 22 US states.
|
|
| domain | founded_year | HQ Location |
Healthcare services are delivered by ProMedica health system.
|
|
| domain | founded_year | HQ Location |
Diversified healthcare services are operated through hospitals and outpatient centers.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Penn Medicine
Frequently Asked Questions about Penn Medicine
When was Penn Medicine founded?
Penn Medicine was founded in 1993 and raised its 1st funding round 11 years after it was founded.
Where is Penn Medicine located?
Penn Medicine is headquartered in United States.
Who is the current CEO of Penn Medicine?
Theresa Larivee is the current CEO of Penn Medicine.
How many employees does Penn Medicine have?
As of Dec 31, 2021, the latest employee count at Penn Medicine is 150.
What does Penn Medicine do?
Penn Medicine was established in 1993 as the medical school of the University of Pennsylvania within the healthcare sector. Operations encompass research, patient care, and trainee education to enhance health outcomes. Six acute-care hospitals and numerous outpatient centers are maintained across the United States region, with vocational training in healthcare also offered. Leadership includes CEO Theresa Larivee and Co-CEO Ralph W. Muller.
Who are the top competitors of Penn Medicine?
Penn Medicine's top competitors include Intermountain Healthcare, WellSpan and Mount Sinai.
How many acquisitions has Penn Medicine made?
Penn Medicine has made 1 acquisition, including Penn Medicine Princeton Health.
Who are Penn Medicine's investors?
Penn Medicine has 9 investors. Key investors include NASA, NIH, HHS, U.S. Department of Education, and Warren Alpert Foundation.