Biofourmis Receives Significant Growth Investment From General Atlantic To Propel Company To Unicorn Status
PRIVATEApr 26, 2022
Round Type
Venture
NeedhamBiotechnologySoftwareData And AnalyticsHealth CareArtificial IntelligenceLife Science
Description
Biofourmis, a global leader in virtual care and digital medicine, today announced it has surpassed unicorn status with a $300 million Series D investment led by leading global growth equity firm General Atlantic. CVS Health (NYSE: CVS) and existing investors also participated in the round, which will help fuel the company's next phase of growth. Biofourmis also announced that former Medtronic CEO and Chairperson at Intel, Dr. Omar Ishrak, will join the company's Board of Directors as Chairman.
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Company Information
Company
Biofourmis
Location
Needham, Massachusetts, United States
About
Biofourmis brings the right care to every person, no matter where they are. The company’s AI-driven solution collects and analyzes over 120 biomarkers in real time and identifies shifts that require proactive interventions. This vital innovation enables Biofourmis to offer people everywhere connected access to hospital-level services, virtual provider networks for remote care, and life-changing clinical trials—all without leaving their homes.
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