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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
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 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 | Source |
|---|---|---|---|---|---|
| 2020 | Funding round | $61M | - | - | |
| 2020 | Funding round | $69M | - | - | |
| 2018 | Funding round | $12M | - |
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We do not have customer count information for nference yet.
nference employs approximately 492 people as of 2026, down from 496 in 2023, including 39 sales reps that carry a quota.
nference generates an estimated $36.7M in annual revenue.
nference was founded by Murali Aravamudan.
The CEO of nference is Murali Aravamudan.
nference raised $145M across 4 rounds.
nference has 492 employees.
nference is headquartered in Cambridge, Massachusetts, United States.
nference operates across multiple industries. Browse revenue, funding, and growth data for nference in each sector below.
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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2024 Revenue
$36.7M(Est.)
Funding
$145M
Team
492
Founded
2013
| Year | Milestone | Source |
|---|---|---|
| 2024 | nference Hit $36.7m revenue in October 2024 | Estimated |
| 2023 | nference Hit $24.1m revenue in October 2023 | Estimated |
| 2021 | nference Hit $13.5m revenue in April 2021 | |
| 2013 | Launched with $0 revenue |
| - |
| 2016 | Funding round | $3M | - | - |
| Year | Milestone | Source |
|---|---|---|
| 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) |
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