nference
2024 Revenue
$36.7M
Funding
$145M
YOY
52%
Team
492
Founded
2013
How nference CEO Murali Aravamudan grew nference to $36.7M revenue with a 492 person team in 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.
Last updated
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.
| Year | Milestone |
|---|---|
| 2024 | nference Hit $36.7m revenue in October 2024 |
| 2023 | nference Hit $24.1m revenue in October 2023 |
| 2021 | nference Hit $13.5m revenue in April 2021 |
| 2013 | Launched 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.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2020 | Funding round | $61M | - | - |
| 2020 | Funding round | $69M | - | - |
| 2018 | Funding round | $12M | - | - |
| 2016 | Funding round | $3M | - | - |
nference Employees & Team Size
nference employs approximately 492 people as of 2026, down from 496 in 2023.
nference has 492 total employees in different roles and functions and 39 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 492 employees (December 2024) |
| 2024 | Reached 496 employees (October 2024) |
| 2023 | Reached 496 employees (October 2023) |
| 2023 | Reached 201 employees (July 2023) |
| 2022 | Reached 447 employees (October 2022) |
| 2021 | Reached 333 employees (December 2021) |
| 2021 | Reached 377 employees (April 2021) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for nference yet.
Frequently Asked Questions about nference
What is nference's revenue?
nference generates $36.7M in 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.
How many employees does nference have?
nference has 492 employees.
Where is nference headquarters?
nference is headquartered in Cambridge, Massachusetts, United States.
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Compare nference to the industry
nference operates across multiple industries. Browse revenue, funding, and growth data for nference in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .