About Memora Health
Memora Health is a company based in Boston (United States) founded in 2015 by Nisarg Patel, Kunaal Naik, and Manav Sevak was acquired by Commure in December 2024. Memora Health has raised $80.65 million across 5 funding rounds from investors including Commure, Edward-Elmhurst Health and General Catalyst. The company has 91 employees as of December 31, 2022. Memora Health offers products and services including AI Platform, Remote Patient Monitoring, and Symptom Management. Memora Health operates in a competitive market with competitors including Verily, Wellframe, MD Revolution, Medlinker and AllyAlign, among others.
- Headquarter Boston, United States
- Employees 91 as on 31 Dec, 2022
- Founders Nisarg Patel, Kunaal Naik, Manav Sevak
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Healthcare
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- Legal Name Memora Health Inc.
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Products & Services of Memora Health
Memora Health offers a comprehensive portfolio of products and services, including AI Platform, Remote Patient Monitoring, and Symptom Management.
Platform simplifies clinical workflows and automates patient monitoring.
Tool for tracking patient symptoms and adherence remotely.
System for handling and resolving patient inquiries via AI.
People of Memora Health
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Funding Insights of Memora Health
Memora Health has successfully raised a total of $80.65M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in April 2023. 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 Memora Health
Memora Health has secured backing from 18 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Commure, Edward-Elmhurst Health and General Catalyst.
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Investor details for Memora Health
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Investments & Acquisitions by Memora Health
Investment portfolio details for Memora Health
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Financial Statements - Memora Health
Detailed financials for Memora Health
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Memora Health Comparisons
Peer comparison for Memora Health
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Competitors of Memora Health
Memora Health 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 Verily, Wellframe, MD Revolution, Medlinker and AllyAlign, among others.
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AI-based solutions for health management are provided.
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Mobile and AI-based platform offering support to providers for better patient engagement
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Predictive analytics SaaS platform for patient engagement is provided.
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Social networking for healthcare professionals is facilitated by Medlinker.
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Cloud-based platform for long-term care coordination is provided.
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Detailed competitors of Memora Health
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Latest news on Memora Health
Complete news archive for Memora Health
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Frequently Asked Questions about Memora Health
Memora Health was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Memora Health is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Manav Sevak is the current CEO of Memora Health. They have also founded this company.
Memora Health is a funded company, having raised a total of $80.65M across 5 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Memora Health is 91.
Memora Health is a digital health company developing an intelligent mobile messaging and analytics platform to improve chronic disease management. Hospitals and clinics can use the platform to automate the process of helping patients remember their medication and appointment schedules, improve self-care of chronic illnesses, and receive feedback from patients on their well-being through personalized text messages. Physicians can use the web-based analytics platform to personalize treatment plans based on patient feedback. Pharmaceutical companies can utilize the platform to run clinical trials and to get patient feedback on drug side-effects outside an isolated clinical setting.
Memora Health offers AI Platform, Remote Patient Monitoring, and Symptom Management.
Memora Health has 18 investors. Key investors include Commure, Edward-Elmhurst Health, General Catalyst, Andreessen Horowitz, and Transformation Capital.