Varsity Healthcare Partners
Private equityLos Angeles · 20 people tracked
Also known as VARSITY MANAGEMENT COMPANY, LP
Investment thesis
Varsity Healthcare Partners invests in and builds healthcare companies through a differentiated partnership approach. The firm emphasizes unconditional alignment and transparency across all stakeholders, including founders, management teams, employees, and investors, positioning itself as a partner in healthcare private equity.
Source: firm website, verified Aug 25, 2026.
Team · 20 people
from the firm's website
What they invest in
from 16 of 24 portfolio companiesHealthtech ×16Digital Health ×10Enterprise Software ×9Medical Devices ×6SaaS ×6AI & Machine Learning ×4B2B Marketplaces ×2Advanced Manufacturing ×1
HQs:United States×12
Investments · 24 tracked
founders shown can be your intro pathProbo Medical is a global provider of diagnostic imaging equipment and services that sells, rents, and repairs ultrasound systems, CT, MRI, X-ray, and other medical imaging devices to hospitals, imaging centers, veterinary clinics, and specialty medical practices.
Advanced ManufacturingB2B MarketplacesCircular EconomyEnterprise SoftwareHardwareHealthtechMedical DevicesTampa, US
A nurse-owned pediatric and young adult home health agency offering in-home nursing care, occupational therapy, speech therapy, and physical therapy for children with complex medical needs.
Digital HealthHealthtech
Co-investorsNautic Partners
Beghou Arc is a commercialization platform for life sciences companies that unifies data management, commercial planning, field operations, and customer engagement.
AI & Machine LearningDigital HealthEnterprise SoftwareHealthtechSaaS
Vishal Singal(Partner)inSonam Dubey(Partner)Pradeepta Mishra(VP, AI Innovation)
Provider of emergency medicine and emergency department management services to hospitals across the US.
Provider of anesthesia services to hospitals and ASCs across six states.
Essential Anesthesia Management provides anesthesia staffing and management services to hospitals, ambulatory surgery centers, and endoscopy facilities across the southeastern United States.
Enterprise SoftwareHealthtechUnknown - not stated on page, US
Dr. Bolnick(Co-founder)Dr. Link(Co-founder)Matt Mitchell, CRNA(Co-founder)Tracy Young, CRNA(Co-founder)
Vertically integrated provider of optometry and ophthalmology services.
Co-investorsOMERS Private Equity Inc.
Gastrocare Partners operates a network of gastrointestinal practices in the western United States, bringing together established clinical practices to enable collaborative care and advanced interventional endoscopic treatments.
Digital HealthHealthtechMedical Devices
Ideal Option operates office-based outpatient clinics providing medication-assisted treatment for opioid, alcohol, and other substance addictions across the United States.
Digital HealthHealthtechMental Health
Provider of complete musculoskeletal and orthopedic care, from prevention and diagnosis to surgery and rehabilitation.
Peak Dental Services is a dental support organization (DSO) that partners with independent dental practices to provide operational support including recruiting, marketing, IT, insurance processing, and facilities management while allowing practices to maintain local autonomy and focus on patient care.
Digital HealthEnterprise SoftwareHealthtech
Dr. Bridget Duffy(Chief Executive Officer)Jeff Hertzig(President)Kobe Watson(Chief Financial Officer)Krystal Than(Chief Transformation & People Officer)Andrea Hill(Chief Marketing Officer)Ryan Zeman(SVP of Growth & Strategy)
Largest independent provider of surgicalist services in the US.
Trialbee is a clinical trial platform designed to accelerate the execution and delivery of clinical trials.
AI & Machine LearningDigital HealthHealthtechMarketing TechMedical DevicesSaaS
Matt Walz(Chief Executive Officer)inMartin Kilsgard(Head of Product)inGaynor Anders(Chief Delivery Officer)Jo Holton(Chief Commercial Officer)
Co-investorsIndustrifonden
United Aesthetics Alliance (UAA) is a management and investment platform that partners with board-certified plastic surgery practices and affiliated medical spas across the U.S., providing capital, back-office administration, finance, marketing, technology, and operations support.
HealthtechMedical DevicesWellness & Fitness
Ventra Health provides revenue cycle management services for facility-based physicians, hospitals, and ambulatory surgery centers, using proprietary AI technology and industry expertise to optimize financial and operational performance.
AI & Machine LearningEnterprise SoftwareHealthtechSaaS
David Sides(Chief Executive Officer)Erica Franko(EVP & Chief Operating Officer)
Portfolio news
latest coverage across their companiesTrialbee · clinicaltrialsarena.com · Jan 8, 2026
Fund performance · per public LP disclosures · 2
as of Jun 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Varsity Healthcare Partners IVLPs: South Carolina Retirement System Investment Commission | 2023 | — | 11.1% | — | — |
| Varsity Healthcare Partners III, L.P.LPs: San Diego City Employees' Retirement System | 2019 | — | 8.8% | 1.43x | 0.00x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- How many investments has Varsity Healthcare Partners made?
- Varsity Healthcare Partners has 24 tracked investments, including 1 dated in the last 24 months.
- What sectors does Varsity Healthcare Partners focus on?
- Varsity Healthcare Partners focuses on Healthtech.
- Where is Varsity Healthcare Partners located?
- Varsity Healthcare Partners is headquartered in Los Angeles, US.
- Who does Varsity Healthcare Partners co-invest with?
- Varsity Healthcare Partners most often shares deals with Industrifonden, Nautic Partners, OMERS Private Equity Inc., among 3 tracked co-investors.
Similar investors
83North is a global venture capital firm that invests in and helps entrepreneurs build large, category-defining companies, backing startups across multiple stages and sectors.
8VC is a venture capital firm investing across logistics, life sciences, healthcare, IT infrastructure, and government/defense, guided by its Smart Enterprise thesis focused on data integration and platform network effects.
ACT Venture Capital is an independent Irish venture capital firm that invests €1 million to €15 million in growth-stage private companies, with capacity for larger commitments through syndicated rounds.
Amadeus Capital Partners is a technology investment firm that backs founders building complex, science-led and deep tech businesses, supporting them over the long term as they scale internationally.
Andreessen Horowitz (a16z) is a venture capital firm founded in 2009 by Marc Andreessen and Ben Horowitz, known for pioneering the platform model with a large team of operators supporting founders across stages.