Healthcare Data Innovator ‘Persivia’ Set for National Roll-Out Following Major Capital Infusion
APRIL 29, 2025 | Marlborough, Massachusetts
Aldrich Capital Partners has completed a $107 million strategic investment in healthcare technology provider Persivia, according to industry sources. The transaction, which closed earlier this month, represents one of the quarter’s largest healthcare technology investments.
Industry analysts have noted that the deal signals growing investor confidence in specialized healthcare data solutions amid ongoing digital transformation across the sector.
MARKET IMPACT
The investment comes as healthcare providers increasingly seek unified data solutions to improve clinical outcomes while managing operational costs. Persivia currently serves approximately:
- 200+ hospitals nationwide
- 12,000+ clinicians
- Multiple health systems across various regions
EXPANSION STRATEGY
The Massachusetts-based technology provider plans to direct the new capital toward several key initiatives:
- Immediate acceleration of the sales team growth
- Enhancement of existing technology platform capabilities
- Strategic acquisition of complementary technologies
- Geographic expansion into underserved markets
FROM THE EXECUTIVES
Ron Zwanziger | Founder, Alere Inc. & Electra DX; Persivia Investor
“It gives me tremendous satisfaction to see the Connected Health vision we had to improve outcomes years ago come to fruition in Persivia. When you have such a great team, it doesn’t take hundreds of millions of dollars to lead the industry.”
Dr. Mansoor Khan | Chief Executive Officer, Persivia
“This partnership is about more than just capital. It’s about launching a national growth strategy and making our platform the first choice for every healthcare organization that wants clean, actionable data and AI-driven tools to support value-based care.”
Dr. Fauzia Khan | Chief Operating Officer, Persivia
“The Persivia team has done an incredible job of leveraging AI to build an industry-leading Digital Health Platform. Starting from product management through engineering, support, and account management, each team has gone way beyond the call of duty to deliver excellence. Aldrich’s due diligence showed tremendous client satisfaction as demonstrated by an industry-leading NPS score of 83.”
Mirza Baig | Managing Partner, Aldrich Capital Partners
“We’re excited to partner with a team that’s already changing how healthcare operates. Our goal is to help Persivia scale faster through targeted acquisitions and partnerships that enhance its capabilities and market presence.”
Tom Cibotti | Managing Director, Covington Associates
“It was a pleasure to work with Persivia and Aldrich Capital Partners on this transaction. We believe their combination will drive continued innovation that enhances clinical and operational outcomes for their clients. We look forward to watching the Company grow in this exciting next chapter.”
ABOUT THE TRANSACTION
Covington Associates served as the exclusive financial advisor to Persivia throughout negotiations. Terms beyond the investment amount were not disclosed.
COMPANY BACKGROUND
Persivia develops healthcare data solutions that unify clinical, claims, social, and operational information. Founded with a vision of connected healthcare systems, the company has established itself as a significant player in the healthcare technology space.
Browse www.persivia.com for further details.
Aldrich Capital Partners specializes in growth-stage investments across healthcare and technology sectors, typically targeting companies with proven market traction and potential for rapid expansion.
Find additional information at www.aldrichcap.com.
