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§ Private Profile · Boston, MA, USA
Healthcare technology company providing AI-powered remote patient monitoring and software-based therapies for chronic conditions.
Biofourmis is a Boston, Massachusetts-based healthcare technology company that develops artificial intelligence-powered remote patient monitoring platforms and digital therapeutics for chronic condition management. The enterprise provides health systems and pharmaceutical companies with FDA-cleared wearable devices and predictive analytics software to enable hospital-at-home programs and decentralized clinical trials. Operating a business-to-business model, the organization generates revenue by delivering clinically validated software-based interventions designed to improve patient outcomes and reduce hospital readmissions. The company reached a $1.3 billion valuation after securing a $300 million Series D funding round in 2022, bringing its total venture capital raised to $445 million. Its financial backing comes from prominent institutional investors including General Atlantic, SoftBank Vision Fund 2, and Sequoia Capital, alongside corporate partnerships with pharmaceutical firms like Novartis. Biofourmis was founded in 2015 by Kuldeep Singh Rajput, Maulik Majmudar, and Wendou Niu.
Biofourmis has raised $460.0M across 5 funding rounds.
Biofourmis has raised $460.0M in total across 5 funding rounds.
Biofourmis is a global health‑technology company that builds an AI‑driven, device‑agnostic platform for remote patient monitoring, hospital‑at‑home programs, virtual specialty care, and digital clinical trials to enable care delivery and improve outcomes outside the brick‑and‑mortar hospital setting.[4][3]
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick take: Biofourmis has carved a differentiated position by combining FDA‑cleared AI analytics, device‑agnostic monitoring, in‑home services orchestration, and clinical program delivery — positioning it to be a significant player in shifting care into the home and modernizing decentralized trials as reimbursement and clinical adoption continue to evolve.[3][4][6]
Biofourmis has raised $460.0M in total across 5 funding rounds.
Biofourmis's investors include Trevor Fetter, Mark Rostick, General Atlantic, ACME Capital, Alpha JWC Ventures, Atomic, Openspace Ventures, Shasta Ventures, Venrock, Halle Tecco, Jonathan Bush, Richard Branson.
Biofourmis has raised $460.0M across 5 funding rounds. Most recently, it raised $20.0M Series D Extension in August 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 10, 2022 | $20M Series D Plus | — | Trevor Fetter, Mark Rostick | Announced |
| Apr 1, 2022 | $300M Series D | General Atlantic | ACME Capital, Alpha JWC Ventures, Atomic, Openspace Ventures, Shasta Ventures, Venrock, Halle Tecco, Jonathan Bush, Richard Branson, Shervin Pishevar, CVS Health Ventures, EDBI, MassMutual Ventures, Sequoia Capital, Softbank | Announced |
| Sep 1, 2020 | $100M Series C | Greg Moon | Alpha JWC Ventures, American Family Ventures, AXA Strategic Ventures, MassMutual Ventures, Openspace Ventures, EDBI, Sequoia Capital | Announced |
| May 1, 2019 | $35M Series B | MassMutual Ventures, Peak XV Partners (Sequoia Capital India) | Alpha JWC Ventures, American Family Ventures, AXA Strategic Ventures, Openspace Ventures, Aviva Ventures, Swee Yeok Chu, PBM, Jianke, Sginnovate | Announced |
| Dec 1, 2017 | $5M Series A | — | Alpha JWC Ventures, Openspace Ventures, Aviva Ventures | Announced |