About nference
nference is a company based in Cambridge (United States) founded in 2013 by Venky Soundararajan and Murali Aravamudan. nference has raised $193.74 million across 5 funding rounds from investors including Mayo Clinic, Matrix and Mayo Clinic Ventures. The company has 362 employees as of March 23, 2024. nference has completed 2 acquisitions, including Predible and Spectral Insights. nference offers products and services including Real World Evidence Platform, Data De-identification Algorithms, Data Quality Validation Framework, and Proprietary Knowledge Graph. nference operates in a competitive market with competitors including Elation Health, AdvancedMD, Flywheel, Verana Health and Canvas Medical, among others.
- Headquarter Cambridge, United States
- Employees 362 as on 23 Mar, 2024
- Founders Venky Soundararajan, Murali Aravamudan
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Nference Labs Private Limited
- Date of Incorporation 22 May, 2018
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$18.35 M (USD)73.38as on Mar 31, 2023
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Net Profit
$1.96 M (USD)73.07as on Mar 31, 2023
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EBITDA
$2.88 M (USD)53.18as on Mar 31, 2023
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Total Equity Funding
$193.74 M (USD)
in 5 rounds
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Latest Funding Round
$2.74 M (USD), Series C
Nov 04, 2022
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Investors
Mayo Clinic
& 3 more
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Employee Count
362
as on Mar 23, 2024
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Investments & Acquisitions
Predible
& 1 more
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Products & Services of nference
nference offers a comprehensive portfolio of products and services, including Real World Evidence Platform, Data De-identification Algorithms, Data Quality Validation Framework, and Proprietary Knowledge Graph.
Platform for analyzing healthcare data to enhance research and treatments.
Tools to anonymize structured and unstructured healthcare data securely.
Framework for validating and curating clinical data for analysis.
System to harmonize patient data into organized variables for insights.
People of nference
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Funding Insights of nference
nference has successfully raised a total of $193.74M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $2.74 million completed in November 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 nference
nference has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Mayo Clinic, Matrix and Mayo Clinic Ventures.
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Venture capital investments are provided to innovative startups by NTTVC.
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Investor details for nference
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Investments & Acquisitions by nference
nference has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Predible and Spectral Insights.
Investment portfolio details for nference
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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AI-based radiological analysis is provided for lung disease diagnosis.
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Developer of hyperspectral medical imaging solutions
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Complete acquisition details for nference
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Financial Statements - nference
Detailed financials for nference
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Nference Comparisons
Peer comparison for nference
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Competitors of nference
nference 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 Elation Health, AdvancedMD, Flywheel, Verana Health and Canvas Medical, among others.
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Online EHR is offered for private practice physicians' patient-centered care.
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Cloud-based practice management, electronic health record (EHR), and medical scheduling software
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Cloud-based platform for healthcare data capture and analysis is offered.
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Verana Health is focused on real-world data analytics in healthcare.
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EMR and practice management systems are provided for primary care.
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Detailed competitors of nference
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Latest news on Nference
Complete news archive for nference
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Frequently Asked Questions about nference
nference was founded in 2013 and raised its 1st funding round 5 years after it was founded.
nference is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Murali Aravamudan is the current CEO of nference. They have also founded this company.
nference is a funded company, having raised a total of $193.74M across 5 funding rounds to date.
As of Mar 23, 2024, the latest employee count at nference is 362.
Annual revenue of nference is $18.35M as on Mar 31, 2023.
nference was founded in 2013 and is headquartered in Cambridge, United States. An AI platform is offered for analyzing clinical data and generating insights within the healthcare sector. Patient cohorts are designed, patient journeys are explored, and data is annotated to support model development. An advanced data science workbench is included, with capabilities for anatomical computations. Patient privacy is maintained throughout operations.
nference's top competitors include Elation Health, HealthPlix and AdvancedMD.
nference offers Real World Evidence Platform, Data De-identification Algorithms, Data Quality Validation Framework, and Proprietary Knowledge Graph.
nference has made 2 acquisitions, including Predible, and Spectral Insights.
nference has 4 investors. Key investors include Mayo Clinic, Matrix, Mayo Clinic Ventures, and NTTVC.