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- Persivia
Persivia Funding, Investors & Competitors
Persivia has raised $125M across 3 funding rounds, most recently a $107M undisclosed-stage round in April 2025.
Last Persivia funding round
$107M
Undisclosed stage · Apr 2025
Cumulative funding Persivia raised
$125M
across 3 funding rounds
Key investors in Persivia
Aldrich Capital Partners
Petrichor Healthcare Capital Management
About Persivia
Persivia is a population health management software provider for accountable care organizations, hospitals, payers, and physician groups. Marlborough-headquartered in Massachusetts since 2005, it handles value-based care contracts, quality measure reporting, care coordination, chronic disease programs, and clinical analytics. The platform supports PCMH standards and ACO performance under Medicare Shared Savings Program requirements.
Founded
2005
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Persivia Funding History
Persivia has raised a total of $125M across 3 funding rounds.
Persivia's first fundraising round was a $3M seed round in August 2015. The most recent completed round was a $107M undisclosed-stage round in April 2025.
Persivia funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Apr 2025 | Undisclosed stage | Aldrich Capital Partners (lead) | $107M | Persivia, founded by Dr. Mansoor Khan and Dr. Fauzia Khan, is a leader in AI-driven digital health solutions offering an all-in-one platform that integrates clinical, claims, social, and operational data to enable healthcare providers and payers to make smarter decisions. The company's flagship offering is its modular CareSpace® digital health platform powered by the Soliton® AI engine, which ingests, analyzes, prioritizes, and delivers actionable insights in real time. Headquartered in Marlborough, Massachusetts, Persivia supports over 200 hospitals and 12,000 clinicians nationwide with an industry-leading Net Promoter Score of 83. In April 2025, Persivia completed a $107 million recapitalization with Aldrich Capital Partners, a growth equity firm focused on high-potential healthcare and technology companies. The investment was advised by Mintz LLP and completed at the end of February 2025, with Covington Associates serving as the exclusive financial advisor to Persivia. With this capital, the company plans to accelerate expansion through significant sales force growth, roll out new AI-powered solutions, and pursue targeted acquisitions and partnerships to enhance its capabilities and market presence. In May 2025, coinciding with the funding announcement, Persivia received U.S. Patent No. 12,254,975 B2 for its Health Data Processing System, providing legal protection for its proprietary AI-driven technology and positioning the company to scale its proven platform across healthcare organizations seeking to improve care delivery while managing the transition to value-based payment models. |
| Oct 2019 | Series C | Petrichor Healthcare Capital Management (lead) | $15M | Persivia Inc., an AI-driven value-based care solution provider based in Marlborough, Mass., closed a $15 million Series C growth financing round from Petrichor Healthcare Capital Management on October 10, 2019. The funding supports an array of growth initiatives for the company, which offers the CareSpace platform built on the Soliton AI engine for care coordination, analytics, and managing multiple value-based care programs using data from dozens of sources. Persivia targets healthcare providers transitioning to value-based care, including bundled payments and chronic care management. At the time of the round, Persivia demonstrated strong growth, expanding from 65 customers at the end of 2015 to over 330 hospitals and provider groups, achieving a CAGR of over 70%. In the six months prior to the announcement, the company added over 50 hospitals participating in value-based bundled payments programs and partnered with a large hospital group for chronic care management deployment. Petrichor Healthcare Capital Management, with expertise from firms like OrbiMed Advisors and Fortress Investment Group, provided the customized investment to support Persivia's trajectory in the healthcare analytics sector. |
| Aug 2015 | Seed | - | $3M | Persivia has raised a total of $11.85M over 7 funding rounds, with the latest being a $107M recapitalization on April 29, 2025, led by Aldrich Capital Partners. The company provides AI-powered digital health platforms for healthcare organizations, focusing on value-based care, quality improvement, risk management, and operational efficiency. |
Who has invested in Persivia?
2 investors have backed Persivia across its funding rounds, including Aldrich Capital Partners and Petrichor Healthcare Capital Management.
Lead investors include Aldrich Capital Partners and Petrichor Healthcare Capital Management.
Persivia Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
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Start Free TrialAcquisitions by Persivia
Persivia has acquired 2 companies to date.
Last acquisition by Persivia was on September 14th 2015. Persivia acquired IHM Services for undisclosed valuation.
Latest Acquisitions by Persivia
| Description | IHM Services is a Burlington, Massachusetts-headquartered provider of SaaS-based clinical, regulatory, and quality reporting solutions for hospitals, founded in 2012. Its platform analyzes enterprise data to enhance patient safety, care quality, financial performance, and predictable outcomes. | Alere Analytics is a Nashua, New Hampshire-based developer of clinical data integration platforms connecting disparate sources for public health surveillance and bioterrorism detection. Its Intelligent Connectivity Solutions apply rules engines to lab results, delivering alerts to providers via web portals. Founded in 1999, the company supports statewide syndromic surveillance in 15 U.S. jurisdictions and integrates with EHR systems like Epic. Deployments handle millions of transactions daily for disease outbreak monitoring. |
| HQ Country | ||
| HQ City | - | Lowell, AR |
| Deal Date | 14 Sep 2015 | 27 May 2015 |
| Valuation | undisclosed | undisclosed |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all Persivia acquisitions and their M&A valuation multiples. Start Free Trial | ||
Persivia Competitors
Persivia competitors include listed companies like B-Soft Co. and Phreesia, and private ones like Commure, Doctolib, Abridge and Shanghai LinkedCare Information Technology.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $200M | - | $7B | 35.0x | ||
| Private | $400M | - | $6.4B | 16.0x | ||
| Private | $117M | - | $5.3B | 45.3x | ||
| Private | - | - | $1.5B | - | ||
| Publicly listed | $157M | ($37M) | $769M | 4.8x | ||
| Publicly listed | $481M | $27M | $638M | 1.3x |
Persivia Public Comps
Persivia is still privately-owned, but its public comps include IQVIA, Veeva, IDEXX Laboratories, Roper Technologies, GE HealthCare, ICON plc, Pro Medicus, United Imaging, Glaukos and M3 Inc..
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $16B | $3.4B | 3.6x | 3.4x | 17.2x | 14.8x | |||
| $3.2B | $965M | 11.1x | 10.2x | 36.9x | 22.4x | |||
| $4.3B | $1.5B | 9.5x | 8.9x | 27.1x | 24.9x | |||
| $7.9B | $3.2B | 6.1x | 5.7x | 15.2x | 14.6x | |||
| $21B | $3.7B | 1.8x | 1.8x | 10.1x | 10.0x | |||
| $8.3B | $816M | 1.9x | 1.9x | 19.2x | 11.3x | |||
| $186M | $147M | 66.6x | 62.7x | 84.4x | 77.6x | |||
| $2.1B | $367M | 5.5x | 4.8x | 30.7x | 26.9x | |||
This data is available for Pro users. Sign up to see all Persivia competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Persivia
| When was Persivia founded? | Persivia was founded in 2005. |
| Where is Persivia headquartered? | Persivia is headquartered in Boston, MA, United States. |
| Is Persivia publicly listed? | No, Persivia is a private, VC-backed company. |
| How much funding has Persivia raised? | Persivia has raised $125M across 3 funding rounds. |
| What was Persivia's last funding round? | Persivia's last funding round was a $107M undisclosed-stage round in April 2025, led by Aldrich Capital Partners. |
| Who are Persivia's investors? | Persivia's investors include Aldrich Capital Partners and Petrichor Healthcare Capital Management. |
| Which companies are comparable to Persivia? | Companies comparable to Persivia include Commure, Doctolib, Abridge, Shanghai LinkedCare Information Technology, B-Soft Co. and Phreesia. |
| How many companies has Persivia acquired? | Persivia has acquired 2 companies, including IHM Services and Alere Analytics. |
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