About Cohere Med
Cohere Med is a Healthcare company based in Bengaluru (India) founded in 2016 by Ajit Thomas and Srikanth Muthya. Remote patient monitoring solutions are provided using medical devices. It operates in the Healthcare and Technology sectors. Cohere Med has raised $767.69 thousand across 5 funding rounds from investors including HHS, CreedCap Asia Advisors and Techindia. The company has 23 employees. Cohere Med was last valued at $4.27 million in January 2019. Its chief executive, as recorded, is Ajit Thomas. Its Indian entity Cohere-Med Technologies Private Limited reported revenue of ₹34.6 Lakh. Cohere Med offers products and services including Sepsis Watch, Mortality Model, and Cardiac Decompensation. Its focus areas include HealthTech, Healthcare IT, Value Based Care and Remote Monitoring.
Company details
Founded in 2016 and based in Bengaluru, India, the company operates in the healthcare technology sector. Remote patient monitoring solutions are delivered through medical devices across various care settings, from hospitals to home care. Four products are offered: CoMeT Connect for data collection from devices, CoMeT Secure for health data protection, CoMeT Extensions for deploying clinical workflows with decision support, and CoMeT Presence for cloud-based video collaboration with remote patients.
- Headquarters Bengaluru, India
- Employees 23
- Founders Ajit Thomas, Srikanth Muthya
- Stage Minicorn
- SectorsHealthcareTechnology
- Email••••••••
- Website cohere-med.com
- Social LinkedIn X Facebook
- Legal Name Cohere-Med Technologies Private Limited
- Date of Incorporation 25 Feb, 2020
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹34.6 Lakh
FY 2024 · +261% YoY
- Net Loss-₹2.8 Lakh
FY 2024 · -8% margin
- EBITDA-₹2.1 Lakh
FY 2024 · -6% margin
- Total Equity Funding$767.69K (USD)
in 5 rounds
- Latest Funding Round$2.11M (USD), Grant
Jun 2022
- InvestorsHHS
& 15 more
- Employee Count23
Associated legal entities of Cohere Med
Cohere Med is associated with 2 registered companies on The Company Check; the primary company is Cohere-Med Technologies Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Cohere-Med Technologies Private Limited CIN U72900KA2020PTC133001 | Active | 25 Feb 2020 | Bangalore, Karnataka | ₹0.3 Cr | 2 | View details | |
| Cohere-Med Solutions Private Limited CIN U74999KA2016PTC094263 | Active | 20 Jun 2016 | Bengaluru, Karnataka | ₹0.1 Cr | 22 | 2 | View details |
Products & Services of Cohere Med
Cohere Med offers a comprehensive portfolio of products and services, including Sepsis Watch, Mortality Model, and Cardiac Decompensation.
Detects sepsis early using data analytics for timely intervention.
Predicts in-hospital mortality to enhance early clinical decisions.
Identifies high-risk cardiac issues via real-time EHR data.
Funding Insights of Cohere Med
Cohere Med has successfully raised a total of $767.69K across 5 strategic funding rounds. The most recent funding activity was a Grant round of $2.11 million completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $767,694
- Total Rounds 5
- Last Round Grant — $2.11M
- First Round $73,723
(Nov 2016)
- Investors Count 16
All 5 funding rounds of Cohere Med with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2022 | $2.11M | Grant | – | – | |
| Jan 2019 | $365,927 | Seed | $4.27M | Techindia | |
| Jul 2018 | $102,420 | Seed | $3.81M | Sellaratnam LLP | |
| Oct 2017 | $225,624 | Seed | $••••• | Ramkumar Bv | |
| Nov 2016 | $73,723 | Angel Round | $••••• | Ramkumar Bv |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2019 | $4.27M | •••••••• |
| Jul 2018 | $3.81M | •••••••• |
| Oct 2017 | $••••• | •••••••• |
| Nov 2016 | $••••• | •••••••• |
Full valuation and stage history of Cohere Med
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $4.27M (Jan 2019). 16 investors in total: 5 institutional and 11 angel.
Investors in Cohere Med
Cohere Med has secured backing from 16 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include HHS, CreedCap Asia Advisors and Techindia.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on healthcare, consumer brands, and multiple sectors | geethamsharesandsecurities.tcc.mode | Bengaluru, India | ||
Public health and human services are overseen by HHS. | 1953 | hhs.gov | ||
Offers AI-driven cardiac rhythm analysis, sleep monitoring, and remote patient management. | 2002 | techindia.com | Chennai, India | |
Limited information available | sellaratnam.tcc.mode | Bengaluru, India | ||
Small & middle market focused boutique investment bank | 2010 | creedcapasia.com | Bengaluru, India | |
NR N Ramkumar | unknown_1de5b79d292a4f31b | |||
RR Ravishankar Ramanujalu | unknown_a650c8f18aa24b64a | |||
R Ramakrishnan | unknown_ff162b501a1b4319a | |||
RB Ramkumar Bv | unknown_cf06798398024989b | |||
TP Thanga Prabhu | unknown_ff55e0f5223f4a1f9 |
Investor details for Cohere Med
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Cohere-Med Technologies Private Limited (Cohere Med)
Cohere-Med Technologies Private Limited is the primary company behind Cohere Med. The boards of the 2 registered companies of Cohere Med currently have 2 directors; the longest-serving is Srikanth Muthya, appointed in 2020. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Srikanth Muthya DIN 07532777 | Director | 25 Feb 2020 | 6 yrs 8 mo | Cohere-Med Technologies Private Limited, Cohere-Med Solutions Private Limited |
| Renji Nair DIN 10046733 | Director | 15 Feb 2023 | 3 yrs 8 mo | Cohere-Med Technologies Private Limited, Cohere-Med Solutions Private Limited |
People of Cohere Med
2 people are tracked at Cohere Med (2 in leadership); the tracked headcount is 23.
| Name | Role | Group |
|---|---|---|
Ajit Thomas | Co-Founder & CEO | Leadership |
| Co-Founder & Chief Product Officer | Leadership |
Complete people profiles for Cohere Med
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Cohere Med
Figures of Cohere-Med Technologies Private Limited, the primary company behind Cohere Med, for FY 2024. Revenue was ₹34.6 Lakh (+261% year on year). Net loss was -₹2.8 Lakh (-8% margin). EBITDA was -₹2.1 Lakh (-6% margin). Revenue has grown at a compounded annual rate of +475% over three years.
- ₹34.6 LakhRevenue · FY 2024 · +261% YoY
- -₹2.8 LakhNet loss · -8% margin
- -₹2.1 LakhEBITDA · -6% margin
- ₹1 LakhPaid-up capital
- +475%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Cohere-Med Technologies Private Limited are on its company page.
Detailed financial statements for Cohere Med
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Cohere Med
4 dated milestones of Cohere Med across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Cohere Med is founded.
- Funding First funding round of $74K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Grant, of $2.1M.
Web traffic of Cohere Med
The website of Cohere Med (cohere-med.com) receives about 1.6K visits a month.
- Monthly visits1.6K
▲ 16.3% vs previous month
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Frequently Asked Questions about Cohere Med
Cohere Med was founded in 2016.
Cohere Med is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Ajit Thomas is the CEO of Cohere Med, as recorded in our data. They have also founded this company.
Cohere Med is a funded company, having raised a total of $767.69K across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $73.72K, raised on Nov 2016.
Cohere Med has 23 employees.
The primary company behind Cohere Med, Cohere-Med Technologies Private Limited, reported revenue of ₹34.6 Lakh for FY 2024, up 261% year on year.
Founded in 2016 and based in Bengaluru, India, the company operates in the healthcare technology sector. Remote patient monitoring solutions are delivered through medical devices across various care settings, from hospitals to home care. Four products are offered: CoMeT Connect for data collection from devices, CoMeT Secure for health data protection, CoMeT Extensions for deploying clinical workflows with decision support, and CoMeT Presence for cloud-based video collaboration with remote patients.
Cohere Med offers Sepsis Watch, Mortality Model, and Cardiac Decompensation.
Cohere Med has 16 investors. Key investors include HHS, CreedCap Asia Advisors, Techindia, N Ramkumar, and Ravishankar Ramanujalu.
The valuation of Cohere Med is $4.27M as of Jan 2019.
Cohere Med is associated with 2 legal entities: Cohere-Med Technologies Private Limited, Cohere-Med Solutions Private Limited.
The legal entities of Cohere Med currently have 2 directors, including Renji Nair, Srikanth Muthya.