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.

Who is the current CEO of Biofourmis?

Kuldeep Rajput of Biofourmis. They have also founded 1 company and are an angel investors in 1 startup.

How many employees does Biofourmis have?

As of May 31, 2026, the latest employee count at Biofourmis is 108.

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 13th amongst 704 active competitors, of which 67 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, Veeva Systems and IKS Health. 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 and Kuldeep Rajput. 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 704 active competitors, including 67 funded and 53 that have exited. Its top competitors include companies like Innovaccer, Veeva Systems and IKS Health.

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

13^th among 704 active competitors

Employee Count

108 as on May 31, 2026

Investment & Acquisitions

Gaido Health & 1 more

Similar Companies

Innovaccer & 1123 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	$1M - $10M (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 are Maulik Majmudar and Kuldeep Rajput.

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.
Kuldeep Rajput: Founder & Ceo of Biofourmis. 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 108 employees as of May 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	Provider of a healthcare intelligence platform for enhanced patient outcomes	$675M	WestBridge Capital, Mubadala & 35 others	79/100
2nd	Veeva Systems 2007, Pleasanton (United States), Public	Cloud-based administrative data management solution for the healthcare sector	$4M	Emergence Capital, Lead Edge Capital	77/100
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	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 ... & 4 others	73/100
5th	NextGen Healthcare Information Systems 1974, Horsham (United States), Acquired	Cloud-based electronic health record and practice management solutions	-	US Bank, JPMorgan Chase & 3 others	73/100
6th	Health Catalyst 2008, Salt Lake City (United States), Public	Cloud based platform offering data analytics solutions for healthcare organizations	$392M	Norwest, Sequoia Capital & 25 others	73/100
7th	Veradigm 1982, Chicago (United States), Public	Cloud-based administrative suite solutions for healthcare organizations	-	Bessemer Venture Partners, Morgan Stanley	68/100
8th	DrFirst 2000, Rockville (United States), Series C	E-prescription and secure messaging solutions for healthcare providers	$135M	Savano Capital Partners, Sixth Street & 4 others	67/100
9th	API Holdings 2012, Mumbai (India), Series F	Digital healthcare management tool	$1.19B	Temasek, TPG & 65 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
13th	Biofourmis 2015, Boston (United States), Series D	Cloud based suite solutions for healthcare organizations	$465M	EDBI, Aviva & 15 others	61/100