When was Biofourmis founded?

Biofourmis was founded in 2015 and became a unicorn in 2022, reaching the milestone in 7 years. It raised its 1st funding round 2 years after its incorporation.

Where is Biofourmis located?

Biofourmis is headquartered in Boston, United States. It is registered at VO-316, #36, WeWork Prestige Central, Infantry Road, Bangalore G.P.O., Bangalore, Bangalore North, Karnataka, India, 560001.

How many employees does Biofourmis have?

As of Jun 30, 2026, the latest employee count at Biofourmis is 110.

Is Biofourmis a funded company?

Biofourmis is a funded company, having raised a total of $465M across 6 funding rounds to date. The company's 1st funding round was a $1M Seed round, raised on Aug 11, 2017.

How much is Biofourmis worth?

The latest valuation of Biofourmis is $1.3B as of Apr 26, 2022.

When was the latest funding round of Biofourmis?

Biofourmis' latest funding was a $20M Series D round on Jul 27, 2022, with participation from 1 investor.

Is Biofourmis a Vertical Business Intelligence company?

The primary sectors of Biofourmis are Vertical Business Intelligence and Healthcare IT.

Where does Biofourmis rank among its competitors?

Biofourmis ranks 15th amongst 724 active competitors, of which 66 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Innovaccer, which secured $179M in Jan, 2025.

Who are the top competitors of Biofourmis?

Biofourmis' top competitors include Innovaccer, IKS Health and Veeva Systems. Among them, Innovaccer secured the most recent funding round in January, 2025.

Biofourmis - 2026 Company Profile, Team, Funding & Competitors

Biofourmis is a series D company based in Boston (United States), founded in 2015 by Maulik Majmudar. It operates as a Cloud based suite solutions for healthcare organizations. Biofourmis has raised $465M in funding from investors like General Atlantic, Intel Capital and Aviva, with a current valuation of $1.3B. The company has 724 active competitors, including 66 funded and 56 that have exited. Its top competitors include companies like Innovaccer, IKS Health and Veeva Systems.

Sectors and market segments that Biofourmis operate in

Biofourmis serves in the HealthTech market segments.The primary business model of Biofourmis is:

HealthTech > Healthcare IT > ***** **** > ***** ******

Company Details

Cloud based suite solutions for healthcare organizations. It provides virtual care patient monitoring solutions. It offer a product Biovitals for patient care monitoring. The features include patient engagement, patient communication, patient tracking, and more. It also provide clinical workflows and electronic health records for care coordination

Website: biofourmis.com
Social
Email ID: *****@biofourmis.com
Registered Address: VO-316, #36, WeWork Prestige Central, Infantry Road, Bangalore G.P.O., Bangalore, Bangalore North, Karnataka, India, 560001

Key Metrics

Founded Year

2015

Location

Boston, United States

Stage

Series D

Total Funding

$465M in 6 rounds

Latest Funding Round

Series D, Jul 27, 2022, $20M

Post Money Valuation

$1.3B as on Apr 26, 2022

Investors

General Atlantic & 16 more

Ranked

15^th among 724 active competitors

Employee Count

110 as on Jun 30, 2026

Investment & Acquisitions

Gaido Health & 1 more

Similar Companies

Innovaccer & 1143 more

View Biofourmis' full profile

Biofourmis is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BIOFOURMIS, INC. CIN: 20228118609 , United States, Active	Nov 17, 2022	-	-	-
BIOFOURMIS INDIA PRIVATE LIMITED CIN: U72100KA2017PTC156202 , India, Active	Nov 08, 2017	₹50 - ₹100 Cr (As on Mar 31, 2025)	73 (As on Feb 28, 2025)
BIOFOURMIS, INC. CIN: 7108489 , United States, Active	Oct 17, 2018	-	4 (As on Apr 30, 2018)	-

Biofourmis has raised a total funding of $465M over 6 rounds. Its first funding round was on Aug 11, 2017. Its latest funding round was a Series D round on Jul 27, 2022 for $20M. 1 investor participated in its latest round. Biofourmis has 16 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Biofourmis:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 27, 2022	$20M	Series D	-	-	Intel Capital	-
Apr 26, 2022	$300M	Series D	$1.3B	-	General Atlantic	CVS Health, EDBI, SoftBank Vision Fund, MassMutual Ventures, Trevor Fetter, Peak XV Partners, Openspace Capital
Sep 03, 2020	$100M	Series C	$700M	-	SoftBank Vision Fund	MassMutual Ventures, EDBI, Peak XV Partners, Openspace Capital

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View details of Biofourmis's funding rounds and investors

The founders of Biofourmis is Maulik Majmudar.

Here are the details of Biofourmis' key team members:

Maulik Majmudar: Co-Founder & Chief Medical Officer of Biofourmis and founder of 1 other company. They are also an angel investor in 1 startup.

View details of Biofourmis's Founder profiles and Board Members

Biofourmis' employee count trend

Biofourmis has 110 employees as of Jun 26. Here is Biofourmis's employee count trend over the years:

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Top competitors of Biofourmis include Innovaccer, IKS Health and Veeva Systems. Here is the list of Top 10 competitors of Biofourmis, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Innovaccer 2014, San Francisco (United States), Series F	Developer of healthcare data platforms and artificial intelligence agent software	$675M	WestBridge Capital, Tiger Global Management ... & 36 others	78/100
2nd	IKS Health 2006, Navi Mumbai (India), Public	Provider of healthcare technology and services for revenue cycle management and clinical support	$9.35M	Aryaman Jhunjhunwala Discretionary Trust, Ashra Family Trust ... & 59 others	77/100
3rd	Veeva Systems 2007, Pleasanton (United States), Public	Cloud-based administrative data management solution for the healthcare sector	$4M	Emergence Capital, Lead Edge Capital	77/100
4th	NextGen Healthcare Information Systems 1974, Horsham (United States), Acquired	Cloud-based electronic health record and practice management solutions	-	US Bank, JPMorgan Chase & 3 others	74/100
5th	WellSky 1980, Overland Park (United States), Acquired	Provider of a health care management platform for providers and patients	$1.66M	Leonard Green and Partners, Cultivation Capital ... & 5 others	73/100
6th	API Holdings 2012, Mumbai (India), Series F	Digital healthcare management tool	$1.19B	Temasek, TPG & 65 others	73/100
7th	Health Catalyst 2008, Salt Lake City (United States), Public	Cloud based platform offering data analytics solutions for healthcare organizations	$392M	Norwest, Kaiser Permanente Ventures & 26 others	73/100
8th	Veradigm 1982, Chicago (United States), Public	Cloud-based administrative suite solutions for healthcare organizations	-	Morgan Stanley, Bessemer Venture Partners ... & 1 others	68/100
9th	DrFirst 2000, Rockville (United States), Series C	E-prescription and secure messaging solutions for healthcare providers	$135M	Savano Capital Partners, Sixth Street & 5 others	67/100
10th	WELL Health Technologies Corp 2010, Vancouver (Canada), Public	Provider of EMR and virtual care tools for providers	-	JPMorgan Chase, Sixty4 Ventures & 4 others	66/100
15th	Biofourmis 2015, Boston (United States), Series D	Cloud based suite solutions for healthcare organizations	$465M	EDBI, Aviva & 15 others	61/100