About Qure.ai
Qure.ai is a company based in Mumbai (India) founded in 2016 by Prashant Warier.. Qure.ai has raised $122.66 million across 8 funding rounds from investors including Merck, Lightspeed Venture Partners and 360 One. The company has 227 employees as of February 04, 2025. Qure.ai offers products and services including qXR, qTrack, Chest X-ray Reporting, Lung Nodule Management, and Stroke & TBI. Qure.ai operates in a competitive market with competitors including AIdoc, Viz.ai, Subtle Medical, Perspectum and Zebra Medical Vision, among others.
- Headquarter Mumbai, India
- Employees 227 as on 04 Feb, 2025
- Founders Prashant Warier
- Stage Minicorn
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Sectors
HealthcareTechnology
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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 Qure.Ai Technologies Private Limited
- Date of Incorporation 19 Jul, 2016
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$17.99 M (USD)68.73as on Mar 31, 2024
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Net Profit
$-5.59 M (USD)38.47as on Mar 31, 2024
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EBITDA
$-5.53 M (USD)44.33as on Mar 31, 2024
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Total Equity Funding
$122.66 M (USD)
in 8 rounds
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Latest Funding Round
$65 M (USD), Series D
Sep 23, 2024
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Investors
Merck
& 46 more
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Employee Count
227
as on Feb 04, 2025
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Products & Services of Qure.ai
Qure.ai offers a comprehensive portfolio of products and services, including qXR, qTrack, Chest X-ray Reporting, Lung Nodule Management, and Stroke & TBI. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI for analyzing chest X-rays to detect tuberculosis early.
Platform for healthcare screening and case management programs.
Tools to report and manage chest X-ray results for diseases.
AI system for tracking lung nodules and disease progression.
AI suite for stroke triage and timely clinical interventions.
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Funding Insights of Qure.ai
Qure.ai has successfully raised a total of $122.66M across 8 strategic funding rounds. The most recent funding activity was a Series D round of $65 million completed in September 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 Total Funding
- Total Rounds 8
- Last Round Series D — $65.0M
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First Round
First Round
(24 Feb 2020)
- Investors Count 47
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Series D - Qure.ai | Valuation | 360 One | |
| May, 2024 | Amount | Series C - Qure.ai | Valuation | Merck Global Health Innovation Fund |
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| Jun, 2023 | Amount | Grant - Qure.ai | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Qure.ai
Qure.ai has secured backing from 47 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Merck, Lightspeed Venture Partners and 360 One. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Corporate-backed venture capital is focused on the life science sector.
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Founded Year | Domain | Location | |
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Early-stage investing in tech startups in India.
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Founded Year | Domain | Location | |
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Private equity and venture capital fund focused on the healthcare sector
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Qure.ai
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Qure.ai
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Qure.Ai Comparisons
Competitors of Qure.ai
Qure.ai 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 AIdoc, Viz.ai, Subtle Medical, Perspectum and Zebra Medical Vision, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-based single-screen system is provided to streamline medical imaging.
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| domain | founded_year | HQ Location |
AI and cloud-powered software for stroke care coordination is developed.
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| domain | founded_year | HQ Location |
AI-driven solutions for medical diagnostic imaging are developed.
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| domain | founded_year | HQ Location |
Precision medicine software for liver disease diagnosis is offered.
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| domain | founded_year | HQ Location |
Provider of AI and SaaS-based medical image based decision support tools
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Qure.Ai
Frequently Asked Questions about Qure.ai
When was Qure.ai founded?
Qure.ai was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Where is Qure.ai located?
Qure.ai is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Qure.ai?
Prashant Warier is the current CEO of Qure.ai. They have also founded this company.
Is Qure.ai a funded company?
Qure.ai is a funded company, having raised a total of $122.66M across 8 funding rounds to date.
How many employees does Qure.ai have?
As of Feb 04, 2025, the latest employee count at Qure.ai is 227.
What is the annual revenue of Qure.ai?
Annual revenue of Qure.ai is $17.99M as on Mar 31, 2024.
What does Qure.ai do?
Qure.ai was founded in 2016 in Mumbai, India, within the healthcare technology sector. Operations center on AI-driven tools that support diagnostics through deep learning analysis of X-rays, CT scans, and MRIs. Early detection and management of tuberculosis, lung cancer, stroke, and COVID-19 are facilitated for healthcare professionals across various global settings.
Who are the top competitors of Qure.ai?
Qure.ai's top competitors include Perspectum, AIdoc and Subtle Medical.
What products or services does Qure.ai offer?
Qure.ai offers qXR, qTrack, Chest X-ray Reporting, Lung Nodule Management, and Stroke & TBI.
Who are Qure.ai's investors?
Qure.ai has 47 investors. Key investors include Merck, Lightspeed Venture Partners, 360 One, Kae Capital, and Peak XV Partners.
What is Qure.ai's valuation?
The valuation of Qure.ai is $220.27M as of May 2024.
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