Unlock full details of this profile with our free Lite plan!
Sign Up and Get Free AccessKermit PPI - About the company
Kermit PPI is a seed company based in Baltimore (United States), founded in 2011 by Jason Smith and Richard Palarea. It operates as a Cloud-based, point-of-use spend management and financial analytics platform for hospitals in implantable medical devices category. Kermit PPI has raised $525K in funding. The company has 78 active competitors, including 18 funded and 11 that have exited. Its top competitors include companies like Globality, LOGEX and Fairmarkit.
Company Details
Kermit Physician Preference Items (PPI) offers a cloud-based, point-of-use spend management and financial analytics platform for hospitals in implantable medical devices category. Features include Contract compliance and bill audit engine by automated checking of every vendor bill; and Dashboard analytics, for surgeons and supply chain to view and measure their preferences. Operates as a subsidiary of PA & Associates Healthcare. The company has utilized the Mendix platform to custom-build an analytics platform. Offered as a subscription model.
- Website
- www.kermitppi.com/
- Social
- Email ID
- *****@kermitppi.com
Key Metrics
Founded Year
2011
Location
Baltimore, United States
Stage
Seed
Total Funding
$525K in 1 round
Latest Funding Round
Ranked
22nd among 78 active competitors
Annual Revenue
($1M - $5M) as on Aug 21, 2013
Employee Count
24 as on Dec 31, 2022
Legal entities associated with Kermit PPI
Kermit PPI is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count |
|---|---|---|---|
Dec 31, 1999 | $1M - $5M (as on Aug 21, 2013) | 24 (as on Dec 31, 2022) |
Kermit PPI's funding and investors
Kermit PPI has raised a total funding of $525K over 1 round. Its latest funding round was a Seed round on Mar 24, 2016 for $525K. 1 investor participated in its latest round, which include Dreamit and Empactful Capital.
Kermit PPI has 2 institutional investors including Dreamit and Empactful Capital.
Here is the list of recent funding rounds of Kermit PPI:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Mar 24, 2016 | $525K | Seed | 3643023 | 5640095 |
Access funding benchmarks and valuations. Sign up today!View details of Kermit PPI's funding rounds and investors
Kermit PPI's founders and board of directors
Founder? Claim ProfileThe founders of Kermit PPI are Jason Smith and Richard Palarea.
View details of Kermit PPI's Founder profiles and Board Members
Kermit PPI's employee count trend
Kermit PPI has 24 employees as of Dec 22. The total employee count is 26.0% more than what it was in Dec 21. Here is Kermit PPI's employee count trend over the years:Uncover Kermit PPI's growth story! Sign up today!Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Kermit PPI's Competitors and alternates
Top competitors of Kermit PPI include Globality, LOGEX and Fairmarkit. Here is the list of Top 10 competitors of Kermit PPI, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Overall Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Globality 2015, Menlo Park (United States), Series E | Provider of an AI-based global sourcing platform | $368M | 67/100 | |
2nd | LOGEX 2006, Amsterdam (Netherlands), Late Stage | Developer of healthcare financial management solutions | - | 60/100 | |
3rd | Fairmarkit 2017, Boston (United States), Series C | Cloud-based tail spend management solution for businesses | $78M | 58/100 | |
4th | Strata Decision 1996, Chicago (United States), Acquired | Cloud-based financial analytics and performance platform to healthcare providers | $5.4M | 57/100 | |
5th | Sanlam 1918, Bellville (South Africa), Public | Provider of life insurance services | - | - | 56/100 |
6th | Tropic 2020, New York City (United States), Series B | Provider of cloud-based procurement management solutions | $67.1M | 56/100 | |
7th | Omnea 2021, London (United Kingdom), Series A | Provider of web-enabled procurement orchestration solutions for the supply chain | $75.1M | 50/100 | |
8th | Offers AI & web-based sourcing optimization software | $43M | 49/100 | ||
9th | Provider of web-based procurement automation solutions | $10M | 49/100 | ||
10th | TruLite Health 2021, Tempe (United States), Series A | Provider of health equity solutions for health systems and hospitals | $6.93M | 47/100 | |
22nd | Kermit PPI 2011, Baltimore (United States), Seed | Cloud-based, point-of-use spend management and financial analytics platform for hospitals in implantable medical devices category | $525K | 28/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Kermit PPI's competitors? Click here to see the top ones
Kermit PPI's Investments and acquisitions
Kermit PPI has made no investments or acquisitions yet.
Reports related to Kermit PPI
Here is the latest report on Kermit PPI's sector:
Are you a Founder ?
FAQ's about Kermit PPI
Explore our recently published companies
- Cymab - Copenhagen based, 2018 founded, Unfunded company
- Power Belt India - Mumbai based, 1977 founded, Unfunded company
- Loka Stays - Chennai based, 2023 founded, Unfunded company
- TommyAndFurry - Pune based, 2024 founded, Unfunded company
- ASTUTE MANAGEMENT SOLUTIONS SERVICES - Pune based, 2005 founded, Unfunded company
- EdiLabs - Tallinn based, 2023 founded, Unfunded company