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nference

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Artificial intelligence to synthesize the exponentially growing biomedical knowledge

Cambridge, United StatesFounded 2015Biotech & Life Sciences
Valuation $250–500M Last recorded · 2020
Headcount 100–500 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for nference and the history behind them.

About nference

nference.ai is a health technology startup that leverages artificial intelligence (AI) to transform unstructured data from electronic medical records (EMR) into actionable insights for the healthcare industry. The company operates in the health tech market, serving clients such as top health systems and biopharmaceutical companies, including Mayo Clinic, Duke Health, Banner Health, and Vanderbilt University Medical Center.

The business model of nference.ai revolves around partnering with these health systems to access their vast and rich EMR data, which includes clinical notes, images, lab results, and more. This data is then processed and analyzed using state-of-the-art AI technology and deep biomedical expertise to create powerful software solutions. These solutions aim to enable scientists to discover and develop personalized diagnostics and treatments for patients worldwide, thereby making significant strides in human health.

One of the key offerings of nference.ai is its federated clinical analytics platform. This platform is built through partnerships with top health systems and is designed to unlock the value of multimodal EMR data. The company also works with sequencing partners to provide clinical-grade whole exome and transcriptome sequencing for patients at partner centers.

nference.ai generates revenue by providing these software solutions and services to its clients. The company's recent achievement includes receiving U.S. FDA 510(k) clearance for its ECG-AI Algorithm to detect low ejection fraction, demonstrating its commitment to advancing healthcare through technology.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2015
Headquarters
Cambridge, United States
Employees
317
Open positions
None listed
Dealroom signal
61.6/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Electronic Health Records (EHR), Predictive Analytics, Biotechnology, Drug Development, Biomarkers, Neurology, Genetics and genomics, Core AI, Precision Medicine, Immune System, Genome Engineering
Business model
SaaS

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
FundingOther financing Dec 2022 $0 — PharmStars ↗
SERIES COther financing Dec 2020 $60M $240M Mayo Clinic · Matrix Capital Limited · Matrix Capital Management · Matrix Partners —
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

nference website traffic

Latest recorded traffic for nference is 13K monthly website visits, up 170.8% over the last three months. nference's team declined 7.3% over the past year.

Latest monthly visits13K 3-month web change+170.8% 1-year team growth-7.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

Series A3 investors entered at this stage

  • Mayo Clinic Business Development
  • NTT Venture Capital
  • Mayo Clinic

Series B and later1 investor entered at this stage

  • Matrix Capital Limited

Other known investors1 additional known investor

  • PharmStars
Team profiled 42 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇮🇳 India77.2%
🇺🇸 United States22%
🇬🇧 United Kingdom0.8%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about nference on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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