About Comofi Medtech
Comofi Medtech is a company based in Bengaluru (India) founded in 2017 by Raghunath Sarakanur Krishnappa and Satish Dnyanoba Kalme. Comofi Medtech has raised $363.32 thousand across 3 funding rounds from investors including KIIT Technology Business Incubator, Startup Karnataka and Suresh Alla. Comofi Medtech operates in a competitive market with competitors including Brainlab, PROCEPT BioRobotics, Caresyntax, Auris Health and Intuitive, among others.
- Headquarter Bengaluru, India
- Founders Raghunath Sarakanur Krishnappa, Satish Dnyanoba Kalme
- Stage Minicorn
- SectorsHealthcareTechnology Industrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website comofimedtech.com
- Social LinkedIn X Facebook
- Legal Name Comofi Medtech Private Limited
- Date of Incorporation 17 Jan, 2018
- Jurisdiction Bangalore, Karnataka, India
- EBITDA-₹49.1 Lakh
FY 2023 · 0% margin
- Total Equity Funding$363.32K (USD)
in 3 rounds
- Latest Funding Round$66.46K (USD), Angel Round
Mar 2024
- InvestorsKIIT Technology Business Incubator
& 11 more
Associated legal entities of Comofi Medtech
Comofi Medtech operates through Comofi Medtech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Comofi Medtech Private Limited CIN U33309KA2018PTC109614 | Active | 17 Jan 2018 | Bangalore, Karnataka | – | – | 3 | View details |
Funding Insights of Comofi Medtech
Comofi Medtech has successfully raised a total of $363.32K across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $66.46 thousand completed in March 2024. 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 $363,321
- Total Rounds 3
- Last Round Angel Round — $66,462
- Investors Count 12
All 3 funding rounds of Comofi Medtech 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 |
|---|---|---|---|---|---|
| Mar 2024 | $66,462 | Angel Round | – | Suresh Alla | – |
| Feb 2021 | $296,859 | Seed | $2.03M | JITO Incubation & Innovation Foundation, KIIT Technology Business Incubator | |
| Jun 2019 | – | Grant | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2021 | $2.03M | •••••••• |
Last known valuation $2.03M (Feb 2021). 12 investors in total: 5 institutional and 7 angel.
Investors in Comofi Medtech
Comofi Medtech has secured backing from 12 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include KIIT Technology Business Incubator, Startup Karnataka and Suresh Alla.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Multiple sectors are incubated by the foundation in Mumbai, India. | – | jitojiif.com | Mumbai, India | |
Startups incubator by KIIT University | – | kiitincubator.in | Bhubaneswar, India | |
Early-stage tech startups are supported via venture capital and acceleration. | – | iimaventures.com | Ahmedabad, India | |
Limited information available | – | singhviheritage.tcc.mode | Chennai, India | |
Support for startups in Karnataka is delivered through policies, funding, and networking services. | 2004 | missionstartupkarnataka.org | Bengaluru, India | |
SA Suresh Alla | - | – | unknown_6bf3f74f2dd345ba9 | - |
SB Siddharth B Bagadia | - | – | unknown_eec951ed348342c89 | - |
AU Abhay Uttamchand Jain | - | – | unknown_209305c261214a59a | - |
PR Priyul R Savani | - | – | unknown_2093af6543dd42778 | - |
KJ Kaivan Jitendrakumar Shah | - | – | unknown_cb82c5e87ab640f1b | - |
Investor details for Comofi Medtech
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Comofi Medtech Private Limited (Comofi Medtech)
Comofi Medtech Private Limited is the primary company behind Comofi Medtech. The board of Comofi Medtech Private Limited currently have 3 directors; the longest-serving is Satish Dnyanoba Kalme, appointed in 2018. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Satish Dnyanoba Kalme DIN 07878983 | Director | 17 Jan 2018 | 8 yrs 8 mo | Comofi Medtech Private Limited |
| Raghunath Sarakanur Krishnappa DIN 07106814 | Director | 17 Jan 2018 | 8 yrs 8 mo | Comofi Medtech Private Limited |
| Abhay Uttamchand Jain DIN 01304069 | Director | 10 Jun 2021 | 5 yrs 4 mo | Comofi Medtech Private Limited |
People of Comofi Medtech
5 people are tracked at Comofi Medtech (3 in leadership, 2 in board & advisors).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
Raghunath S. K. | Co-Founder & Head, Clinical Operations | Leadership |
Nassir Navab | Advisor | Board & advisors |
Mahesh Desai | Advisor | Board & advisors |
Complete people profiles for Comofi Medtech
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Comofi Medtech
Figures of Comofi Medtech Private Limited, the primary company behind Comofi Medtech, for FY 2023. EBITDA was -₹49.1 Lakh (0% margin). Revenue has grown at a compounded annual rate of -100% over three years.
- -₹49.1 LakhEBITDA · 0% margin
- ₹3.3 LakhPaid-up capital
- -100%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Comofi Medtech Private Limited are on its company page.
Detailed financial statements for Comofi Medtech
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Comofi Medtech
4 dated milestones of Comofi Medtech across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Comofi Medtech is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $66K.
Competitors of Comofi Medtech
Comofi Medtech 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 Brainlab, PROCEPT BioRobotics, Caresyntax, Auris Health and Intuitive, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| brainlab.com | 1989 | Munich, Germany | $12.68M | 348 | Software and integrated solutions for surgical and radiotherapy applications | |
| procept-biorobotics.com | 2009 | Redwood, United States | $348.84M | 217 | Robotic waterjet system for prostate tissue removal is developed. | |
| caresyntax.com | 2013 | Boston, United States | $302.5M | 64 | Surgical outcomes are enhanced via analytics and integration platform. | |
| aurishealth.com | 2007 | Redwood, United States | $733.17M | 242 | Robotic microsurgical systems for endoscopy are developed. | |
| intuitive.com | 1995 | Sunnyvale, United States | $17M | 15 | Robotic-assisted surgical systems are developed for minimally invasive procedures. | |
| mmimicro.com | 2015 | Calci, Italy | $209.5M | – | A robotic platform is used for microsurgery with scaled instruments. | |
| augmedics.com | 2014 | Yokneam Illit, Israel | $142.6M | – | Augmented reality systems for guiding surgical procedures are developed. | |
| asensus.com | 2006 | Durham, United States | $91.18M | 418 | Robotic laparoscopic systems are developed for minimally invasive surgeries. | |
| neocis.com | 2012 | Miami, United States | $181.79M | 118 | Robotic guidance systems for dental implantation surgeries are provided. | |
| clearpointneuro.com | 1998 | Irvine, United States | $18.35M | 38 | Software and hardware solutions for MRI-guided surgical planning are provided. |
Detailed competitors of Comofi Medtech
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Latest news on Comofi Medtech
Complete news archive for Comofi Medtech
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Comofi Medtech
10 companies that operate in the same segment as Comofi Medtech (Clinical IT & Data Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts | 2016 | Bengaluru, Karnataka, India | USD 713.57 M | – | – | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 233 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | – | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 508.73 M | – | – | |
App-based health insurance is offered to individuals and businesses. | 2016 | Paris, France | USD 863.12 M | – | – | |
Virtual care programs for managing chronic diseases are provided. | 2011 | San Francisco, California, United States | USD 450.12 M | USD 260.21 M | – | |
AI-driven EMR and practice management software is delivered for clinics. | 2010 | Boca Raton, Florida, United States | USD 329.17 M | – | – | |
Cloud-based administrative tools for healthcare providers are offered. | 1997 | Watertown, United States | USD 40 M | – | – | |
Membership-based primary care platform is offered for employees and consumers. | 2007 | San Francisco, California, United States | USD 402.56 M | – | – |
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Frequently Asked Questions about Comofi Medtech
Comofi Medtech was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Comofi Medtech is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Comofi Medtech is a funded company, having raised a total of $363.32K across 3 funding rounds to date.
Comofi Medtech was established in 2017 in Bengaluru, India, within the healthcare sector. Artificial intelligence, augmented reality, and IoT technologies are utilized to create assistive products for surgical applications. The nGuide device, an AI and AR-enabled robotic system, is supplied to support improved outcomes in procedures. Personal protective equipment, including masks, PPE kits, goggles, safety gowns, surgical masks, and gloves, is also offered for medical use.
Comofi Medtech's top competitors include Brainlab, PROCEPT BioRobotics and Caresyntax.
Comofi Medtech has 12 investors. Key investors include KIIT Technology Business Incubator, Startup Karnataka, Suresh Alla, JITO Incubation & Innovation Foundation, and Singhvi Heritage.
The valuation of Comofi Medtech is $2.03M as of Feb 2021.
Comofi Medtech operates through Comofi Medtech Private Limited.
The legal entities of Comofi Medtech currently have 3 directors, including Satish Dnyanoba Kalme, Raghunath Sarakanur Krishnappa, Abhay Uttamchand Jain.