Varsity completed the investment in Trialbee.

Varsity, a healthcare services private equity investment firm, completed the investment in Trialbee, a patient recruitment platform specializing in patient recruitment services. Financial terms were not disclosed. “Trialbee has built a differentiated, technology-enabled platform that addresses a mission-critical need for biopharma sponsors, while building trust with both research sites and patients. Varsity, which brings deep healthcare services expertise and a proven track record of scaling founder- and management-led platforms, is an ideal partner for us during this next chapter as we continue to invest in our technology, expand our capabilities, and help more sponsors accelerate the development of life-changing therapies,” Matt Walz, Trialbee Chief Executive Officer.