MSIV PortCo Sageful AI Acquired

Sageful AI Co-Founder & CEO Michael Papay with MSIV VP Community Elizabeth Murphy at MSIV’s 2025 North Bay NEXT conference

On February 10, 2026, Practicing Excellence, a leading human development company that helps healthcare organizations build skills to drive outcomes, announced its acquisition of MSIV portfolio company Sageful AI. More details about the acquisition can be found here.

In the news wire release announcing the acquisition, Sageful AI Co-Founder and CEO Michael Papay remarked:

“Sageful AI was built to reinforce the best concepts in leadership, learning, and development to show up in the flow of work. By fusing proven approaches with organizational priorities and each individual’s context, we help translate intent into visible behavior change and measurable results. Joining forces with Practicing Excellence allows us to bring that capability to scale in healthcare, where leaders need to visualize change is happening while seeing the impact they can trust.”

We’re excited for all that is ahead for this combined organization and the impact it will make in healthcare. MSIV was proud to be the first backer of Sageful AI and to have led the company’s initial capitalization.