Cohere Med

Bengaluru, India Founded: 2016 • Age: 10 yrs
Remote patient monitoring solutions are provided using medical devices.
Annual revenue $990 Latest available
Total funding $767,694 5 rounds
Employees 23 Tracked headcount
Investors 16 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Cohere Med

Cohere Med is a company based in Bengaluru (India) founded in 2016 by Ajit Thomas and Srikanth Muthya. 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 as of March 31, 2020. Cohere Med offers products and services including Sepsis Watch, Mortality Model, and Cardiac Decompensation. Cohere Med operates in a competitive market with competitors including Endotronix, Edwards Lifesciences, CoachCare, Athelas and BioIntelliSense, among others.

  • Headquarter Bengaluru, India
  • Employees 23 as on 31 Mar, 2020
  • Founders Ajit Thomas, Srikanth Muthya
  • Stage Minicorn
  • Sectors
    Healthcare
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Cohere-Med Technologies Private Limited
  • Date of Incorporation 25 Feb, 2020
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $989.9 (USD)
    -98
    as on Mar 31, 2021
  • Net Profit
    -$39.62 K (USD)
    88
    as on Mar 31, 2021
  • EBITDA
    -$31.83 K (USD)
    91
    as on Mar 31, 2021
  • Total Equity Funding
    $767.69 K (USD)

    in 5 rounds

  • Latest Funding Round
    $2.11 M (USD), Grant

    Jun 01, 2022

  • Investors
    HHS

    & 15 more

  • Employee Count
    23

    as on Mar 31, 2020

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Products & Services of Cohere Med

Cohere Med offers a comprehensive portfolio of products and services, including Sepsis Watch, Mortality Model, and Cardiac Decompensation.

Product name locked
Category locked
Primary

Detects sepsis early using data analytics for timely intervention.

Product name locked
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Predicts in-hospital mortality to enhance early clinical decisions.

Product name locked
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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.

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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital fund focused on healthcare, consumer brands, and multiple sectors
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Public health and human services are overseen by HHS.
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Offers AI-driven cardiac rhythm analysis, sleep monitoring, and remote patient management.
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Investor details for Cohere Med

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Investments & Acquisitions by Cohere Med

Investments
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Investment portfolio details for Cohere Med

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Financial Statements - Cohere Med

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Detailed financials for Cohere Med

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Cohere Med Comparisons

Cohere Med Primary company
Description
Remote patient monitoring solutions are provided using medic...
Location
Bengaluru, India
Founded Year
2016
Annual Revenue
$989.9 (USD)
Net Profit
-$39.62 K (USD)
EBITDA
-$31.83 K (USD)
Employees
23
As of 2020
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Peer comparison for Cohere Med

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Competitors of Cohere Med

Cohere Med operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Endotronix, Edwards Lifesciences, CoachCare, Athelas and BioIntelliSense, among others.

Company Name Domain Founded year HQ Location Description
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Miniaturized wireless implantable sensors are developed for hemodynamic monitoring.
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Medical devices for structural heart disease are developed and provided.
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Remote monitoring platform for tracking patient activity
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Provider of smart solutions for monitoring heart rate, weight, and blood pressure
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Vital signs are monitored via a single-use patch and platform.
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Contactless patient monitoring is provided for mental health facilities.
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Detailed competitors of Cohere Med

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Latest news on Cohere Med

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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 current CEO of Cohere Med. 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.

As of Mar 31, 2020, the latest employee count at Cohere Med is 23.

Annual revenue of Cohere Med is $989.9 as on Mar 31, 2021.

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's top competitors include Endotronix, Athelas and TestCard.

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.

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