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 Sep 30, 2026, the latest employee count at Biofourmis is 106.

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 Jul 27, 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 16th amongst 804 active competitors, of which 68 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Scribe, which secured $75M in Nov, 2025.

Who are the top competitors of Biofourmis?

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

Biofourmis - 2026 Company Profile, Team, Funding & Competitors

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 Jul 27, 2022

Investors

General Atlantic & 16 more

Ranked

16^th among 804 active competitors

Employee Count

106 as on Sep 30, 2026

Investment & Acquisitions

Gaido Health & 1 more

Similar Companies

Innovaccer & 1222 more

View Biofourmis' full profile

Biofourmis is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
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	$1.3B	-	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 106 employees as of Sep 26. Here is Biofourmis's employee count trend over the years:

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Top competitors of Biofourmis include Innovaccer, Veeva Systems and IKS Health. 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, Mubadala & 36 others	78/100
2nd	Veeva Systems 2007, Pleasanton (United States), Public	Cloud-based administrative data management solution for the healthcare sector	$4M	Emergence Capital, Lead Edge Capital	76/100
3rd	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	74/100
4th	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
5th	NextGen Healthcare Information Systems 1974, Horsham (United States), Acquired	Cloud-based electronic health record and practice management solutions	-	JPMorgan Chase, US Bank & 3 others	72/100
6th	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	70/100
7th	API Holdings 2012, Navi Mumbai (India), Series F	Operator of an integrated digital healthcare platform providing end-to-end technology and fulfillment solutions for the healthcare ecosystem	$1.19B	Temasek, TPG & 65 others	67/100
8th	WELL Health Technologies Corp 2010, Vancouver (Canada), Public	Provider of EMR and virtual care tools for providers	-	JPMorgan Chase, Scotiabank & 4 others	66/100
9th	Scribe 2001, Naples (United States), Series C	Provider of suite solutions for healthcare providers	$75M	StepStone Group, Decathlon Capital Partners ... & 6 others	66/100
10th	Veradigm 1986, Chicago (United States), Public	Cloud-based administrative suite solutions for healthcare organizations	-	Morgan Stanley, Bessemer Venture Partners ... & 1 others	66/100
16th	Biofourmis 2015, Boston (United States), Series D	Cloud based suite solutions for healthcare organizations	$465M	General Atlantic, Aviva & 15 others	61/100