Persivia Secures $107M Recapitalization to Fuel National Expansion

MARLBOROUGH, MA - April 29, 2025 - Persivia has completed a $107 million recapitalization with Aldrich Capital Partners, marking a pivotal moment for the Massachusetts-based AI healthcare technology company.

The investment will power Persivia's ambitious growth plans, including significant sales force expansion over the next 12 months and development of new AI solutions aimed at transforming healthcare operations nationwide.

“This partnership is about more than just capital”, said Dr. Mansoor Khan, CEO of Persivia. “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”.

Persivia's platform unifies clinical, claims, social, and operational healthcare data, providing real-time insights that help organizations improve performance while managing costs.

Dr. Fauzia Khan, COO, added, “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.”

The recapitalization illustrates a strategic collaboration between Persivia and Aldrich Capital Partners, a growth equity firm specializing in healthcare and tech investments.

“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”, said Mirza Baig, Managing Partner at Aldrich Capital Partners.

Ron Zwanziger, founder of Alere Inc. and Electra DX and a major investor in Persivia, commented: “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.”

Covington Associates served as the exclusive financial advisor to Persivia. Tom Cibotti, Managing Director at Covington Associates, said, “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 Persivia

Persivia creates intelligent AI systems that transform healthcare operations. The company's platform unifies various healthcare data streams into actionable insights. This enables organizations to improve value-based care delivery, optimize risk management, enhance quality metrics, and efficiently control costs and resource utilization.

Presently supporting 200+ hospitals and 12,000+ clinicians across the country, Persivia is positioned to lead healthcare's digital shift through this new alliance.

See what they’re all about at www.persivia.com.

About Aldrich Capital Partners

Aldrich Capital Partners invests in technology-driven companies exhibiting strong leadership and market momentum. The firm combines capital investment with hands-on operational support to help portfolio organizations achieve their full growth potential. 

Learn more at www.aldrichcap.com.