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nference Revenue & Funding (2024)

Developer of an artificial intelligence powered life sciences software platform designed to synthesize the exponentially growing biomedical knowledge. The company's platform uses neural networks (shallow and deep learning models) for real-time, automated extraction of knowledge from the scientific, regulatory and commercial body of literature, enabling healthcare enterprises to make biomedical knowledge computable.

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nference Revenue

In 2024, nference's revenue reached $36.7M. The company previously reported $24.1M in 2023. Since its launch in 2013, nference has shown consistent revenue growth.

nference Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$10M$20M$30M$40M2013201520172019202120232024$0$13.5M$36.7MSource: GetLatka.com
YearMilestoneSource
2024nference Hit $36.7m revenue in October 2024Estimated
2023nference Hit $24.1m revenue in October 2023Estimated
2021nference Hit $13.5m revenue in April 2021
2013Launched with $0 revenue

nference Valuation, Funding Rounds

nference has not publicly disclosed its valuation. The company has raised $145M in total funding to date.

nference has raised $145M in total funding across 4 rounds, with its most recent round in 2020.

nference Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$40M$0.4$80M$0.6$120M$0.8$160M$1$200M20132014201520162017201820192020Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2020Funding round$61M--
2020Funding round$69M--
2018Funding round$12M--
2016Funding round$3M--

Founder / CEO

Murali Aravamudan

CEO

Murali Aravamudan is listed as CEO at nference.

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Customers

We do not have customer count information for nference yet.

nference Employees & Team Size

nference employs approximately 492 people as of 2026, down from 496 in 2023, including 39 sales reps that carry a quota.

nference Team GrowthReported headcount over time0125250375500625201320152017201920212023202400492492Source: GetLatka.com
YearMilestoneSource
2024Reached 492 employees (December 2024)
2024Reached 496 employees (October 2024)
2023Reached 496 employees (October 2023)
2023Reached 201 employees (July 2023)
2022Reached 447 employees (October 2022)
2021Reached 333 employees (December 2021)
2021Reached 377 employees (April 2021)

Frequently Asked Questions about nference

What is nference's revenue?

nference generates an estimated $36.7M in annual revenue.

Who founded nference?

nference was founded by Murali Aravamudan.

Who is the CEO of nference?

The CEO of nference is Murali Aravamudan.

How much funding does nference have?

nference raised $145M across 4 rounds.

How many employees does nference have?

nference has 492 employees.

Where is nference headquarters?

nference is headquartered in Cambridge, Massachusetts, United States.

Compare nference to the industry

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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