Biofourmis
Founded Year
2015Stage
Merger | MergedTotal Raised
$461.85MAbout Biofourmis
Biofourmis is a company focused on healthcare delivery and drug development through its technology platform. The company offers solutions for remote patient management, digital clinical trials, and health analytics to improve care and optimize medication management. Biofourmis primarily serves the healthcare and life sciences sectors, partnering with health systems, pharmaceutical companies, and risk-bearing organizations. It was founded in 2015 and is based in Needham, Massachusetts. In October 2024, Biofourmis merged with CopilotIQ.
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ESPs containing Biofourmis
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The wearable vital sign monitoring market offers technology solutions that can monitor patients' vital signs continuously and wirelessly, both in hospital and remote settings. These devices track multiple vital signs such as heart rate, body temperature, and respiration rate without the need for traditional medical devices. The wearables are designed to be comfortable, lightweight, and easy to use…
Biofourmis named as among 14 other companies, including Philips, Masimo, and Xiaomi.
Biofourmis's Products & Differentiators
Biovitals RPM
Remote patient monitoring platform
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Research containing Biofourmis
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Biofourmis in 12 CB Insights research briefs, most recently on Dec 22, 2023.
Aug 15, 2023
The remote patient monitoring market map
Expert Collections containing Biofourmis
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Biofourmis is included in 7 Expert Collections, including Digital Health 50.
Digital Health 50
300 items
The most promising digital health startups transforming the healthcare industry
Value-Based Care & Population Health
1,068 items
The VBC & Population Health collection includes companies that enable and deliver care models that address the health needs for defining populations along the continuum of care, including in the community setting, through participation, engagement, and targeted interventions.
Digital Health
11,313 items
The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.
Telehealth
3,114 items
Companies developing, offering, or using electronic and telecommunication technologies to facilitate the delivery of health & wellness services from a distance. *Columns updated as regularly as possible; priority given to companies with the most and/or most recent funding.
Precision Medicine Tech Market Map
160 items
This CB Insights Tech Market Map highlights 160 precision medicine companies that are addressing 9 distinct technology priorities that pharmaceutical companies and healthcare providers face.
Oncology Tech
463 items
This collection includes companies applying technology to cancer care, diagnosis, and treatment. Examples include vendors offering cancer detection and diagnosis, oncology clinical decision support, real-world data, and AI oncology drug discovery.
Latest Biofourmis News
Feb 14, 2025
Ryan Collins and Avnesh Ramineni led over 40 investments in Asia Pacific and Europe, including Aspire, Biofourmis, and Qoala.
Biofourmis Frequently Asked Questions (FAQ)
When was Biofourmis founded?
Biofourmis was founded in 2015.
Where is Biofourmis's headquarters?
Biofourmis's headquarters is located at 117 Kendrick Street, Needham.
What is Biofourmis's latest funding round?
Biofourmis's latest funding round is Merger.
How much did Biofourmis raise?
Biofourmis raised a total of $461.85M.
Who are the investors of Biofourmis?
Investors of Biofourmis include CopilotIQ, Intel Capital, CVS Health, General Atlantic, Openspace Ventures and 13 more.
Who are Biofourmis's competitors?
Competitors of Biofourmis include Tech Doctor, Acorai, Datos Health, Huma, Myelin-H and 7 more.
What products does Biofourmis offer?
Biofourmis's products include Biovitals RPM and 3 more.
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Compare Biofourmis to Competitors
Crely focuses on healthcare technology, specifically in the domain of post-surgical care and monitoring. The company offers an artificial intelligence (AI)-based early warning system that utilizes a non-invasive, wearable medical device to predict and detect surgical site infections (SSIs) by monitoring patients' biomarkers remotely. Crely primarily serves the healthcare industry, including hospitals and care organizations. It was founded in 2017 and is based in Oxnard, California.
Hexoskin focuses on smart clothing technology within the health and wellness sector. The company provides wearable devices that monitor cardiac, respiratory, and activity metrics, allowing users to track their health status. Hexoskin's products are used in healthcare, clinical research, sports and fitness, aerospace, space, and defense industries. It was founded in 2006 and is based in Montreal, Quebec.
PhysIQ specializes in remote patient monitoring and data analytics within the healthcare and life sciences sectors. The company offers a platform that leverages artificial intelligence and wearable biosensors to continuously monitor patients and provide personalized medical insights, aiming to improve patient outcomes and assist in clinical trials. PhysIQ primarily serves healthcare providers and life sciences companies, offering solutions for virtual care, hospital-at-home models, and decentralized clinical research. PhysIQ was formerly known as VGBio. It was founded in 2005 and is based in Chicago, Illinois.
Health Recovery Solutions (HRS) specializes in remote patient monitoring and telehealth solutions within the healthcare technology sector. The company offers a suite of services designed to improve care coordination and patient outcomes and reduce healthcare costs, with a focus on clinically enabled, patient-centric solutions. Health Recovery Solutions primarily serves healthcare providers, including hospitals, health systems, home health agencies, community health centers, hospice and palliative care, physician practices, and payers. It was founded in 2012 and is based in Hoboken, New Jersey.
Acorai focuses on developing medical devices within the healthcare sector, specifically targeting heart failure management. The company offers a non-invasive heart monitor that utilizes a combination of seismic, acoustic, visual, and electrocardiographic sensors, along with machine learning, to estimate intracardiac pressures for personalized treatment. It serves the healthcare sector. The company was founded in 2019 and is based in Helsingborg, Sweden.
Byteflies is a healthcare technology company focused on streamlining care through remote patient monitoring and data insights. The company offers end-to-end solutions, known as 'flows,' that capture real-world patient data and transform it into actionable insights for healthcare providers without the operational and administrative hurdles. Byteflies primarily serves the healthcare sector, offering technologies that integrate with existing medical record systems and provide near real-time reports to clinicians. It was founded in 2015 and is based in Antwerp, Belgium.
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