nference
2024 Revenue
$36.7M(Est.)
Funding
$145M
Team
492
Founded
2013
nference Revenue & Funding (2024)
nference generated an estimated $36.7M in annual revenue in 2024. Source: GetLatka estimate
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 | 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 | Not recorded |
| 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 | Source |
|---|---|---|---|---|---|
| 2020 | Funding round | $61M | - | - | Not recorded |
| 2020 | Funding round | $69M | - | - | Not recorded |
| 2018 | Funding round | $12M | - | - | Not recorded |
| 2016 | Funding round | $3M | - | - | Not recorded |
Founder / CEO
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.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 492 employees (December 2024) | Not recorded |
| 2024 | Reached 496 employees (October 2024) | Not recorded |
| 2023 | Reached 496 employees (October 2023) | Not recorded |
| 2023 | Reached 201 employees (July 2023) | Not recorded |
| 2022 | Reached 447 employees (October 2022) | Not recorded |
| 2021 | Reached 333 employees (December 2021) | Not recorded |
| 2021 | Reached 377 employees (April 2021) | Not recorded |
Frequently Asked Questions about nference
What is nference's revenue?
As of 2024, nference generated 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?
As of 2024, nference had 492 employees.
Where is nference headquartered?
nference is headquartered in Cambridge, Massachusetts, United States.
Compare nference to the industry
nference operates across multiple industries. Browse revenue, funding, and growth data for nference in each sector below.
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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