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Biofourmis Raises Additional Funding From Intel Capital In Series D Extension And Names Top Healthcare Leaders To Its Board

PRIVATEAug 10, 2022

Round Type

Series D

NeedhamBiotechnologySoftwareData And AnalyticsHealth CareArtificial IntelligenceLife Science

Description

Biofourmis, a Boston-based global leader in virtual care and digital medicine, today announced that Intel Capital, the strategic investment arm of chipmaker Intel Corporation, has joined its Series D financing in an extension that brings the total funding raised in the round to $320M. The initial Series D funding round was announced in April and was led by global growth equity firm General Atlantic with participation by CVS Health (NYSE:CVS), Trevor Fetter and existing investors.

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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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Biofourmis raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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