26 Apr, 2022

Thoma Bravo leads $60M investment in IAC unit Vivian Health

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By Mark Anthony Gubagaras


Thoma Bravo LP led a $60 million primary and secondary equity investment round for IAC/InterActiveCorp.-owned healthcare jobs marketplace Vivian Health Inc.

The funding round drew in other investors including IAC and Collaborative Fund, an April 26 news release said.

San Francisco-based Vivian Health will use the newly raised capital to speed up the company's growth and expansion, as well as for future M&A activities.

IAC acquired Vivian Health, formerly NurseFly, in 2019.

Private equity firm Thoma Bravo is focused on investing in software and technology companies.