BVP Forge, the private equity arm of Bessemer Venture Partners, announced an investment in Nevvon, one of the largest providers of compliance and training infrastructure for the home care, home health, and facility-based care workforce.
The terms of the transaction were not disclosed. Nevvon said the investment will be used to expand its platform, deepen its work with payers and self-directed care programs, and reach more caregivers across the United States. Nevvon has completed more than 57 million lessons to date.
Nevvon said that its national caregiver network has grown by more than 300% over the last five years. Over 650,000 caregivers across all 50 states in the United States have completed more than 57 million lessons on the platform.
Alongside the investment, Nevvon launched TrainOnce, a new solution powered by the platform’s network effects.
“Nevvon sits at the nexus of the hardest problems in home care: helping agencies and payors keep up with a complex, ever-changing regulatory landscape without slowing down care or compromising outcomes,” said Navid Oreizy, Partner at BVP Forge.
Navid Oreizy added: “We were drawn to a company that has an exceptional reputation as the most innovative and AI-forward compliance infrastructure for the home care industry, with a roadmap to extend its presence across the continuum of care. We are excited to bring the capabilities of BVP Forge and our ForgeEdge™ scaling resources to back Nevvon’s next chapter.”
Digital Health M&A activity has been led by private equity firms in 1H (first half) of 2026. 400+ digital health startups were acquired in 1H 2026, up 100% YoY, compared to 1H 2025.
More recently, Kyndryl, a leading provider of enterprise IT infrastructure services, has agreed to acquire Healthcare IT Leaders to more effectively address growing customer demand for its AI‑led digital business transformation across healthcare providers and payors in the U.S. market.
In another deal, Custom Health Holdings has entered into a definitive agreement to acquire Spencer Health Solutions, a developer of an in-home smart dispensing and monitoring system, for $25 million.