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Biofourmis

Boston, MA Healthcare Acquired

Biofourmis is a global technology-enabled care delivery company providing AI-powered remote patient monitoring, digital therapeutics, and in-home care solutions. The platform delivers clinical devices, sensors, FDA-cleared algorithms, and coordinated virtual care teams to enable seamless patient care across acute, post-acute, and chronic care settings. Following a merger with CopilotIQ in October 2024, the combined entity creates an end-to-end platform for AI-driven in-home care.

Acquired

Biofourmis has been acquired

Acquired by CopilotIQ September 17, 2024

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2015

Employees

300–500

Total Funding

$460M

5 rounds

Latest Valuation

$1.3B

July 2022

Funding

Total raised $460M across 5 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series D

Date

April 2022

Amount

$300M

Valuation

$1.3B

Lead Investors

General Atlantic
DateRoundAmount RaisedValuationLead Investors
July 2022 Series D2 $20M Intel Capital
April 2022 Series D $300M $1.3B General Atlantic
September 2020 Series C $100M SoftBank Vision Fund 2

Prominent Investors

Intel Capital

Leadership

  • David Koretz

    CEO (post-merger with CopilotIQ)

  • Maulik Majmudar

    Founder, Chief Medical Officer

  • Kuldeep Singh Rajput

    Founder (former CEO)

  • Mark Niu

    Co-Founder, Chief Privacy Officer

  • Renika Seghal

    Chief Financial Officer

  • Milan Shah

    Chief Technology Officer

  • Jaydev Thakkar

    Chief Operating Officer

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Proteus Digital Health

    Digital therapeutics company focused on medication adherence and remote patient monitoring

  • CareSimple

    Virtual care solutions provider for RPM, TCM, Hospital in-The-Home, and related programs

  • Teladoc Health (Livongo)

    Digital health platform for chronic disease management and virtual care

  • Omada Health

    Digital health company focusing on chronic conditions prevention and management

  • Oracle Health

    Virtual care platform with video visits, remote patient monitoring, and digital therapeutics

  • Actuvi

    AI-powered digital health platform using conversational text messaging for patient engagement

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Data collected with AI, which can make mistakes. Please double-check this information.