SV Health Investors, LLC

Multi-stage venture firmSEC-registered adviserClassification probable· Boston, MassachusettsSVHEALTHINVESTORS.COM

SV Health Investors is a specialist healthcare fund manager, investing across multiple stages and sectors. Our goal is to transform healthcare one investment at a time.

In the firm's own words, from its website.

Reported fund assets
$1.1B
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
None
Investment team
10
Latest vintage
2023
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

11 additional team members, 3 additional co-investors and affiliates, 39 additional investments, funds and LPs, 57 events, 3 verified contacts (2 published business email, 1 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What matters now

  1. 2 deals
    with Bessemer Venture Partners

    Invests most often alongside Bessemer Venture Partners (2 shared deals). 1 of the 6 most frequent co-investors were first seen with it on record in the last 12 months.

    pair last observed on record 27 Mar 2019, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.

    Measuredshared rounds and portfolio companies on recordFor Founders building a round, co-investorsCo-investors →

People to know

View all people

Relationship network

61 connected entities11 observed rounds3 repeat counterparties3 dated rounds shown here, 2012 to 2019

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

What stands out
Reading the network
  • Sponsor
  • Company
  • Fund or vehicle
  • Person
›How strength and recency are read

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to SV Health Investors, LLC: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to SV Health Investors, LLC

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

20 companies on record, 0 new in 12 months

Investments on record

20 companies, 11 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Conscience Creativeportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
Etherportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website
SV Fund IV Continuation Fundportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Firm website

Stated thesis versus observed behaviour

22 observed deals
Stated (the firm’s website)
Sectors
healthcare, biotech, medtech
Stages
growth
Geography
boston, global, uk, united states, usa
Check size
not stated; DFX does not estimate checks from round sizes
Self-described
venture capital
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 100%
lead rate no observed dealsfollow-on rate 22%new companies, 12 months 0

Team

12 current, 9 departed

Decision makers

who to call first, and why; then everyone else by function
  • Catherine Elizabeth Bingham · Managing Partner
    Why this person: Managing partner: runs the firm; Named with investment responsibility
  • Michael Jay Ross · Managing Partner
    Why this person: Managing partner: runs the firm; Named with investment responsibility
  • Thomas Joseph Flynn · Managing Partner
    Why this person: Managing partner: runs the firm; Named with investment responsibility

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team

12 current, 9 departed
7 departed (kept with end dates)

Contacts

2 published business email, 1 firm phone

2 published business email, 1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

15 vehicles, 0 LPs disclosed

Funds and vehicles

15 reported, 10 no longer reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Sv7 Growth Fund Strategic Partners, L.P.Growth fund · ADV: Other Private Fund2023 adv first reportedActive deployment$15.5M
Mar 31, 2026
48$0Apr 28, 2022
SV Life Sciences Fund IV Cf, L.P.Fund2022 adv first reportedActive deployment$410M
Mar 31, 2026
44unknownunknown
Sv7 Growth Fund, L.P.Growth fund · ADV: Other Private Fund2019 form d first saleMature$155M
Mar 31, 2026
21$91.3M
of $250M
Nov 10, 2020

Limited partners

0 LPs, 0 disclosed commitments
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.

Known LPs and allocators

1 relationship across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
Inasmuch FoundationFOUNDATIONSV Life Sciences Fund VI, L.P.$780,195
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns

Relationships across DFX

6 co-investors · on 2 other DFX graphs

Co-investors

6 counted from shared deals, for the whole firm

Compare portfolios with Bessemer Venture Partners, Abingworth LLP, RC Capital or any firm. Co-investors across the market

Across DFX and the capital chainon 2 other DFX graphs · 1 capital path Show
Across DFX
  • The same institution is held on Allocators, RIA and Wealth, matched by identifier. See which records
Across the graphs

SV Health Investors, LLC is the same institution as 2 records in Allocators and RIA and Wealth.

Allocators1RIA and Wealth1

DFX found 2 relationships across 2 datasets

Which record it is in each graph, what it is called there, and how the two were matched.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Checking your plan…

Capital chain

SV Health Investors, LLC sits on 1 traced path of capital across the graphs.

Allocator commitments to a manager

DFX traced 1 path of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Evidence and history

62 dated events, 81 observations from 4 sources

Timeline

62 dated events
  1. Mar 31, 2026
    Sv7 Plus Growth Fund, L.P. first reported on Form ADV by SV Health Investors, LLC (Other Private Fund), GAV $35,622,424
    Fund first reported on Form ADVFundsInferenceSV7 Plus Growth Fund, L.P.Form ADV
  2. Mar 31, 2026
    SV Trex Coinvestment, L.P. first reported on Form ADV by SV Health Investors, LLC (Venture Capital Fund), GAV $8,008,112
    Fund first reported on Form ADVFundsInferenceSV Trex Coinvestment, L.P.Form ADV
  3. Mar 28, 2024
    Houman Ashrafian (Managing Partner) no longer on Schedule A of SV Health Investors, LLC
    Person leftPeopleInferenceHouman AshrafianForm ADV
  4. Jan 1, 2024
    Nikola Nmn Trbovic joined Schedule A of SV Health Investors, LLC as Managing Partner
    Person joinedPeopleFactNikola Nmn TrbovicForm ADV
  5. Mar 30, 2023
    Schroder Ventures International Life Sciences Fund II Co-Investment Scheme no longer reported on Form ADV by SV Health Investors, LLC

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 31, 2026 · 15 private fundsShow
Headquarters
Boston, MAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
SEC adviser type
Registered investment adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
Mar 31, 2026
Private funds reported
15 (12 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$1.1Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Regulatory AUM
$1.1Bthe adviser's RAUM, a regulatory measure, never a fund size
Employees
26

Classification history

Every classification this record has carried2 on recordShow
  1. Sep 23, 2026
    Multi-stage venture firm (probable, 80%)
    Both early and growth/opportunity families, reported GAV $1.1B
  2. Sep 12, 2026
    Multi-stage venture firm (probable, 80%)
    Both early and growth/opportunity families, reported GAV $962M

Evidence

91 observations from 4 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC funds reportedMar 31, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 31, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 31, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 28, 2024FactForm ADV
First Form ADV filing2012-03-30Mar 31, 2026FactForm ADV
First Form ADV filing2012-03-30Mar 28, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-30Oct 1, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-31Mar 31, 2026FactForm ADV
Latest Form ADV filing2026-03-31Mar 31, 2026FactForm ADV
Latest Form ADV filing2024-03-28Mar 28, 2024FactForm ADV
SEC statusApprovedMar 31, 2026FactForm ADV
SEC status effective2017-08-01Mar 31, 2026FactForm ADV
Venture share of reported funds1Mar 31, 2026FactForm ADV
Venture share of reported funds1Mar 28, 2024FactForm ADV
Business phoneMar 31, 2026FactForm ADV
Business phoneMar 28, 2024FactForm ADV
Contact page urlSep 30, 2026Fact
Contact page urlSep 16, 2026Fact
DescriptionSep 30, 2026Fact
DescriptionSep 16, 2026Fact
DescriptionSep 14, 2026Fact
Employees26Mar 31, 2026FactForm ADV
Employees22Mar 28, 2024FactForm ADV
HeadquartersBoston, MAMar 31, 2026FactForm ADV
HeadquartersBoston, MAMar 28, 2024FactForm ADV
Office addressMar 31, 2026FactForm ADV
Office addressMar 28, 2024FactForm ADV
Self-described typeVenture capitalSep 30, 2026Fact
Self-described typeVenture capitalSep 16, 2026Fact
Self-described typeVenture capitalSep 14, 2026Fact
Legal formLimited Liability CompanyMar 31, 2026FactForm ADV
Other funds reported3Mar 31, 2026FactForm ADV
Portfolio pageSep 30, 2026Fact
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 14, 2026Fact
Private funds reported15Mar 31, 2026FactForm ADV
Private funds reported15Mar 31, 2026FactForm ADV
Private funds reported13Mar 28, 2024FactForm ADV
Private fund gross assets (reported)$1.1BMar 31, 2026FactForm ADV
Private fund gross assets (reported)$1.1BMar 31, 2026FactForm ADV
Private fund gross assets (reported)$962MMar 28, 2024FactForm ADV
Regulatory AUM (adviser, not fund size)$1.1BMar 31, 2026FactForm ADV
Regulatory AUM (adviser, not fund size)$1.1BMar 28, 2024FactForm ADV
Schedule a diffsadiff-1Mar 31, 2026FactForm ADV
Stated geographyBoston, global, UK, united states, usa
“geography words on the home page”
Sep 30, 2026Fact
Stated geographyBoston, global, UK, united states, usa
“geography words on the home page”
Sep 16, 2026Fact
Stated geographyBoston, global, UK, united states, usa
“geography words on the home page”
Sep 14, 2026Fact
Stated sectorsHealthcare, biotech, medtech
“sector words on the home page”
Sep 30, 2026Fact
Stated sectorsHealthcare, biotech, medtech
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorsHealthcare, biotech, medtech
“sector words on the home page”
Sep 14, 2026Fact
Stated stagesgrowth
“stage words on the home page”
Sep 30, 2026Fact
Stated stagesgrowth
“stage words on the home page”
Sep 16, 2026Fact
Stated stagesSeries a, growth
“stage words on the home page”
Sep 14, 2026Fact
Team pageSep 30, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 14, 2026Fact
Venture funds reported12Mar 31, 2026FactForm ADV
Venture funds reported12Mar 31, 2026FactForm ADV
Venture funds reported13Mar 28, 2024FactForm ADV
WebsiteSep 12, 2026FactForm ADV
WebsiteMar 28, 2024FactForm ADV
Site titleSep 30, 2026Fact
Site titleSep 16, 2026Fact
Site titleSep 14, 2026Fact
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, probable · 2 filing advisers share this firmShow
Importance
62
high
Active deployment
25
moderate
Emerging
0
low
Freshness
100
high
Multi-stage venture firm · probableSEC registered investment adviser

Both early and growth/opportunity families, reported GAV $1.1B

This firm files as 2 advisers on svhealthinvestors.com: SV Health Managers LLP. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.

The inputs behind each score
importance
gav: 0.62 · funds: 1 · people: 0.72 · investments: 0.5 · co investors: 0.31
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
emerging manager
fund count: 25 · reported gav: $1.1B · first adv filing: 2012-03-30 · years since first filing: 14.5

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Record history

1 dated event on the change ledger, latest event first
  • Adviser's first ADV filing
    2012-03-30source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.