nference Overview
- Year Founded
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2013
- Status
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Private
- Employees
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336
- Latest Deal Type
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Accelerator/Inc
- Investors
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7
nference General Information
Description
Developer of an artificial intelligence-based clinical data management platform designed to transform unstructured data captured in electronic medical records. The company's software utilizes neural networks for real-time and automated extraction of insights from real-world patient datasets and delivers comprehensive biological and clinical insights into patient care, enabling pharmaceutical, biotechnology, and healthcare enterprises to solve drug discovery and clinical research challenges.
Contact Information
Website
www.nference.comCorporate Office
- One Main Street
- Suite 400, East Arcade, 4th Floor
- Cambridge, MA 02142
- United States
Corporate Office
- One Main Street
- Suite 400, East Arcade, 4th Floor
- Cambridge, MA 02142
- United States
nference Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Accelerator/Incubator | 01-Dec-2022 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series C) | 04-Nov-2022 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series C) | 15-Dec-2020 | Completed | Generating Revenue | |||
| 4. Accelerator/Incubator | 29-Sep-2020 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series B) | 08-Jan-2020 | Completed | Generating Revenue | |||
| 2. Later Stage VC (Series A) | 06-Jun-2018 | $12M | $15M | Completed | Generating Revenue | |
| 1. Seed Round | 10-Jan-2016 | $3M | $3M | Completed | Generating Revenue |
nference Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B-1 | ||||||||
| Series B | ||||||||
| Series A-1 | 205,480 | $0.001000 | $5.11 | $5.11 | 1x | $5.11 | 0.17% | |
| Series A | 3,105,591 | $0.001000 | $3.54 | $3.54 | 1x | $3.54 | 2.58% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
nference Comparisons
Industry
Financing
Details
nference Competitors (18)
One of nference’s 18 competitors is Owkin, a Venture Capital-Backed company based in Paris, France.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Owkin | Venture Capital-Backed | Paris, France | ||||
| Verana Health | Venture Capital-Backed | San Francisco, CA | ||||
| BenevolentAI | Formerly PE-Backed | Luxembourg, Luxembourg | ||||
| Partex.AI | Venture Capital-Backed | Eschborn, Germany | ||||
| Flatiron | Formerly VC-backed | New York, NY |
nference Patents
nference Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-12468954-B1 | Apparatus and method for optimizing an operation using a deviation | Active | 04-Oct-2024 | ||
| US-20260087172-A1 | Systems and methods for deidentification of unstructured data using semi-structured elements | Pending | 20-Sep-2024 | ||
| US-12229962-B1 | Apparatus and method for leveraging a repository of images containing implant devices in a human body | Active | 19-Aug-2024 | ||
| US-20260051063-A1 | Apparatus and method for leveraging a repository of images containing implant devices in a human body | Pending | 19-Aug-2024 | ||
| WO-2026043832-A1 | Apparatus and method for leveraging a repository of images containing implant devices in a human body | Pending | 19-Aug-2024 | G06T7/0016 |
nference Signals
nference Investors (7)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| PharmStars | Accelerator/Incubator | |||
| A&E Investments | Venture Capital | Minority | ||
| AI Venture Labs | Accelerator/Incubator | Minority | ||
| Mayo Clinic Ventures | Corporate Venture Capital | Minority | ||
| NTTVC | Venture Capital | Minority |
nference Investments & Acquisitions (4)
nference’s most recent deal was a Merger/Acquisition with Predible Health. The deal was made on 11-May-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Predible Health | 11-May-2022 | Merger/Acquisition | Decision/Risk Analysis | ||
| Anumana | 14-Apr-2021 | Joint Venture | Decision/Risk Analysis | ||
| Spectral Insights | 01-Apr-2020 | Merger/Acquisition | Business/Productivity Software | ||
| Qrativ | 14-Jul-2017 | Joint Venture | Drug Discovery |
nference FAQs
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When was nference founded?
nference was founded in 2013.
-
Where is nference headquartered?
nference is headquartered in Cambridge, MA.
-
What is the size of nference?
nference has 336 total employees.
-
What industry is nference in?
nference’s primary industry is Discovery Tools (Healthcare).
-
Is nference a private or public company?
nference is a Private company.
-
What is nference’s current revenue?
The current revenue for nference is .
-
How much funding has nference raised over time?
nference has raised $148M.
-
Who are nference’s investors?
PharmStars, A&E Investments, AI Venture Labs, Mayo Clinic Ventures, and NTTVC are 5 of 7 investors who have invested in nference.
-
Who are nference’s competitors?
Owkin, Verana Health, BenevolentAI, Partex.AI, and Flatiron are some of the 18 competitors of nference.
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