nference Revenue and Competitors

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Boston, MA USA

Location

$145M

Total Funding

Pharma

Industry

Estimated Revenue & Valuation

  • nference's estimated annual revenue is currently $94.7M per year.(i)
  • nference's estimated revenue per employee is $201,000
  • nference's total funding is $145M.

Employee Data

  • nference has 471 Employees.(i)
  • nference grew their employee count by 18% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$413.3M347-5%$634MN/A
#2
$50.9M253N/AN/AN/A
#3
$39.6M197-12%N/AN/A
#4
$11.6M2140%$506.4MN/A
#5
$4360M37257175%N/AN/A
#6
$16.3M81N/AN/AN/A
#7
$37.2M185N/AN/AN/A
#8
$3.2M16N/AN/AN/A
#9
$5.6M28-3%N/AN/A
#10
$888.2M44190%N/AN/A

Powered by its artificial intelligence software platform, nferX, nference's mission is to synthesize the exponentially growing biomedical knowledge. nferX uses state-of-the-art neural networks (shallow and deep learning models) for real-time, automated extraction of knowledge from the commercial, scientific and regulatory body of literature. The platform enables a diverse set of applications ranging from R&D to commercial strategy and operations in the life sciences ecosystem. The long-term goal of the nferX platform is to become the connecting fabric of the various silos of information that exist across health care. Founded by Murali Aravamudan and Venky Soundararajan, Ph.D., nference is led by a multidisciplinary team of serial entrepreneurs from the tech and biotech worlds and PhDs in Biology/Genomics from MIT and Harvard Medical School. The investors in nference are Matrix Partners and Matrix Capital Management.

keywords:Biotechnology, Natural Language Processing, Artificial Intelligence / Machine Learning

$145M

Total Funding

471

Number of Employees

$94.7M

Revenue (est)

18%

Employee Growth %

N/A

Valuation

N/A

Accelerator

nference News

2020-12-24 - Biomedical Knowledge Company nference Raises $60 Million In Series C

nference – a company that synthesizes the world’s biomedical knowledge – announced the completion of a $60 million Series C funding round. These are the details. nference – a company that synthesizes the world’s biomedical knowledge – announced the completion of a $60 million Series C funding r ...

2021-03-10 - New nference Study Reveals Mortality and Racial Disparities in COVID-19 Anticoagulant Treatments

CAMBRIDGE, Mass., March 10, 2021 /PRNewswire/ -- nference, the AI-driven health technology company, today announced publication in EClinicalMedicine of "Enoxaparin is associated with lower rates of thrombosis, kidney injury, and mortality than Unfractionated Heparin in hospitalized COVID patie ...

2021-03-23 - nference Study Reveals Pre-Existing Conditions to Be a Significant Factor in COVID Patients Who Are Hospitalized Post-Viral Clearance

CAMBRIDGE, Mass., March 23, 2021 /PRNewswire/ -- nference, the AI-driven health technology company, today announced publication in EClinicalMedicine of study "Pre-existing conditions are associated with COVID patients hospitalization, despite confirmed clearance of SARS-CoV-2 virus" that sheds ...

10-Jun-19 - Janssen inks nference AI research pact

To do this, nference said it has developed a “holistic data science kernel” that will synthesize some of the Janssen R&D databases with ...

6-Jun-18 - Nference Raises $11M in Series A Round

NEW YORK (GenomeWeb) — Nference, a developer of artificial intelligence and deep-learning software, announced today that it has raised ...

6-Jun-18 - CORRECTING and REPLACING nference Raises $11 Million ...

nference Raises $11 Million to Further Develop its Artificial Intelligence Software Platform that Synthesizes the World's Biomedical Knowledge ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$73.6M475-2%N/A
#2
$83.1M4753%N/A
#3
N/A47722%N/A
#4
$125.7M4795%N/A
#5
$108.7M483-4%N/A