About mfore
mfore is a Healthcare company based in Helsinki (Finland) founded in 2013. It operates as a patient engagement platforms for healthcare communication are provided. Its Indian entity Mfore Solutions India Private Limited reported revenue of ₹1.9 Lakh. Its focus areas include HealthTech, Healthcare IT, Value Based Care and Patient Engagement. Its competitors include VyncaCare, Pyx Health, myo, mPulse and Playback Health and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
mfore was established in 2013 in Helsinki, Finland, as a provider in the healthcare technology sector. Communication solutions are offered through a patient engagement platform designed to facilitate interactions between healthcare providers and patients. Operations focus on digital tools that support secure messaging, appointment reminders, and feedback collection. The platform is utilized primarily in European markets, with emphasis on improving care coordination and patient adherence.
- Headquarters Helsinki, Finland
- SectorsHealthcare
- Website mfore.fi
- Legal Name Mfore Solutions India Private Limited
- Date of Incorporation 03 Jun, 2013
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹1.9 Lakh
FY 2019 · +64% YoY
- Net Loss-₹2.2 Lakh
FY 2019 · -120% margin
- EBITDA-₹2 Lakh
FY 2019 · -106% margin
Associated legal entities of mfore
mfore operates through Mfore Solutions India Private Limited (strike off). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mfore Solutions India Private Limited CIN U72900TN2013PTC091463 | Strike Off | 03 Jun 2013 | Chennai, Tamil Nadu | ₹0.0 Cr | – | 2 | View details |
Board of directors of Mfore Solutions India Private Limited (mfore)
Mfore Solutions India Private Limited is the primary company behind mfore. The board of Mfore Solutions India Private Limited currently have 2 directors; the longest-serving is Rajesh Abichandani, appointed in 2013. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajesh Abichandani DIN 06557871 | Director | 03 Jun 2013 | 13 yrs 4 mo | Mfore Solutions India Private Limited |
| Henu Abichandani DIN 06557874 | Director | 03 Jun 2013 | 13 yrs 4 mo | Mfore Solutions India Private Limited |
Financials of mfore
Figures of Mfore Solutions India Private Limited, the primary company behind mfore, for FY 2019. Revenue was ₹1.9 Lakh (+64% year on year). Net loss was -₹2.2 Lakh (-120% margin). EBITDA was -₹2 Lakh (-106% margin). Revenue has grown at a compounded annual rate of -20% over three years.
- ₹1.9 LakhRevenue · FY 2019 · +64% YoY
- -₹2.2 LakhNet loss · -120% margin
- -₹2 LakhEBITDA · -106% margin
- ₹10.1 LakhPaid-up capital
- -20%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Mfore Solutions India Private Limited are on its company page.
Detailed financial statements for mfore
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Verified entity values are shown only after access is granted.
Competitors of mfore
mfore has 9 listed competitors in our database, 8 of them funded. They include VyncaCare, Pyx Health, myo, mPulse and Playback Health, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vyncacare.com | 2013 | Palo Alto, United States | $50.77M | 3,750 | Advance care planning and virtual palliative services are offered online. | |
| pyxhealth.com | 2017 | Tucson, United States | $63.01M | – | Automated communication software is provided for healthcare patient engagement. | |
| myo.de | 2017 | Berlin, Germany | $11.32M | – | Communication platform for caregivers is provided to manage patient engagement. | |
| mpulse.com | 2014 | Los Angeles, United States | $40M | 120 | Digital engagement and analytic solutions for healthcare payers | |
| playbackhealth.com | 2018 | Mount Kisco, United States | $10.76M | – | Secure communication tools for patient education and engagement are provided. | |
| premierinc.com | 1968 | Charlotte, United States | – | 2,628 | Cloud-based practice management software is provided for organizations. | |
| onestepsoftware.com | 2017 | Los Angeles, United States | $220,000 | 4 | Software provider for addiction treatment | |
| clarityssi.com | 2007 | Madison, United States | $41.4M | 233 | Patient engagement is enhanced through a customizable software platform. | |
| caremessage.org | 2012 | San Francisco, United States | $600,000 | 37 | Patient engagement platform for healthcare organizations |
Detailed competitors of mfore
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- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Clinical IT & Data Platforms
10 companies that operate in the same segment as mfore (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 716.99 M | – | 1,832 | |
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 | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | 1,746 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 473.73 M | – | 3,902 | |
App-based health insurance is offered to individuals and businesses. | 2016 | Paris, Ile de France, France | USD 863.12 M | – | 1,606 | |
Virtual care programs for managing chronic diseases are provided. | 2011 | San Francisco, California, United States | USD 450.12 M | USD 260.21 M | 992 | |
AI-driven EMR and practice management software is delivered for clinics. | 2010 | Boca Raton, Florida, United States | USD 329.17 M | – | 2,470 | |
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 mfore
mfore was founded in 2013.
mfore is headquartered in Helsinki, Finland.
The primary company behind mfore, Mfore Solutions India Private Limited, reported revenue of ₹1.9 Lakh for FY 2019, up 64% year on year.
mfore was established in 2013 in Helsinki, Finland, as a provider in the healthcare technology sector. Communication solutions are offered through a patient engagement platform designed to facilitate interactions between healthcare providers and patients. Operations focus on digital tools that support secure messaging, appointment reminders, and feedback collection. The platform is utilized primarily in European markets, with emphasis on improving care coordination and patient adherence.
mfore's top competitors include VyncaCare, Pyx Health and mPulse.
mfore operates through Mfore Solutions India Private Limited.
The legal entities of mfore currently have 2 directors, including Rajesh Abichandani, Henu Abichandani.