Kermit Announces Strategic Investment from Diversis Capital to Accelerate PPI Spend Management Platform
Summary
Kermit has secured a strategic investment from Diversis Capital to expand its PPI spend management platform. The company plans to use the capital to grow in the United States, United Kingdom, and Ireland while adding more AI-powered analytics and predictive features. Kermit’s software helps hospitals automate bill-only workflows, check contract compliance, and track physician preference item spending in real time. The platform targets costly, manual procurement processes in health systems and aims to improve visibility, control, and savings.
Funding
Amount
-
Total raised
Date
November 12, 2025
Announcement date
Investors
Diversis Capital
Lead investors
Company
http://www.kermitppi.com
Funded company
Classifications
industries
HealthTech
applications
ERP & Process Management
AskAI Classifications
Labels
Healthcare Analytics Software
SaaS
Supply Chain Management Software
Linked Companies
Kermit
$1M to $5M