Layoff
Jul 2023Biofourmis confirmed layoffs of about 120 employees globally, including 48 in the U.S.
SourceCompany research
Public company, workplace, funding, and market signals
Updated Jul 29, 2026
Overview
Biofourmis is a privately held digital health and care-delivery company that uses an AI-driven platform to support hospital-at-home, remote patient monitoring, and virtual care across the care continuum. The company merged with CopilotIQ in 2024; its life-sciences digital-trial business was later acquired by ActiGraph in January 2025.
Primary product
Biofourmis Care, an AI-driven in-home care and remote patient monitoring platform (with Biovitals as the underlying analytics platform)
Founded
2015
Headquarters
Needham, Massachusetts, United States
Team size
51-200
Industry
Hospitals and Health Care
Sub-industry
Digital health / virtual care / remote patient monitoring
Offices
Needham, Massachusetts, United States
Boston, Massachusetts, United States
Singapore
Bengaluru, India
Zurich, Switzerland
Business model
B2B enterprise software
care-at-home services
remote patient monitoring
digital therapeutics
clinical-trial technology
value-based care partnerships
Funding
Stage
Late Stage Venture
Total raised
$463.6M
Latest round
Series D Extension · Jul 2022
Latest amount
$20M
Oct 2024 · CopilotIQ
Jul 2022 · Intel Capital
Apr 2022 · General Atlantic
Sep 2020 · SoftBank Vision Fund 2
May 2019 · Sequoia India
Dec 2017 · Aviva; Openspace Capital
Aug 2017 · SpesNet; Eden Strategy Institute
People & investors
Leadership
Chief Executive Officer
Chief Revenue Officer
Chief Medical Officer
Global Head, Engineering
Chief People Officer
Founders
Founder; former CEO
Work & culture
Mission-driven and fast-growing digital health culture centered on personalized care, complex chronic conditions, and outcome improvement. Public career pages and third-party profiles describe the team as globally distributed, committed, and focused on clinical and operational impact.
Compensation
Public salary signals are limited, but LinkedIn/job-site data suggests mid-market pay with a compensation rating around 3.6/5 and example postings/reported roles around USD 59.8k/year for Technical Support Analyst, USD 133.4k/year for Data Science Manager, and roughly SGD 42k/month for a Systems Engineer role.
Benefits
Company equity
Performance bonuses
Family medical leave
Generous parental leave
Dental insurance
Flexible spending account (FSA)
Health insurance
Job training and conferences
Free snacks and drinks
401(k)
Disability insurance
Life insurance
Product & market
Pricing
Enterprise B2B contracts for healthcare organizations; public pricing is not disclosed and the company appears to use value-based / shared-savings style economics for some deployments.
Differentiators
- —AI-driven in-home care across pre-surgery, acute, post-acute, and chronic care
- —Continuous monitoring with 120+ biomarkers in real time
- —Integrated virtual clinical teams and in-home services
- —FDA-cleared AI algorithms
- —Care-at-home platform built for hospitals, health systems, and payers
- —Proven workflow support for remote patient monitoring and hospital-at-home programs
- —Global footprint with licensed operations in 25 U.S. states
Technology
Python
React
Angular
TypeScript
Java
Kotlin
GraphQL
Docker
Kubernetes
Terraform
Datadog
Prometheus
Jenkins
GitHub Actions
Salesforce
Twilio
AWS
OAuth
MLOps
Microsoft Dynamics
Customers
AdventHealth
Lee Health
Health systems
Payers
Hospitals
Biopharma companies
Life sciences companies
Competitors
Current Health
Cadence
Validic
BioBeat
Story Health
PhysIQ
Koneksa
Health Recovery Solutions
Optimize Health
Innovaccer
Scale & contact
Estimated revenue
$200M-$300M
Estimated monthly visits
902
Traffic estimate as of May 2026
Signals & risks
Layoff
Oct 2023The company reportedly conducted another layoff round affecting about 45 staff in Singapore and at least 85 globally, and planned to vacate its Singapore office.
SourceOther
Aug 2023Founder and CEO Kuldeep Singh Rajput stepped down; the company set up an Office of the CEO led by executives and overseen by Ben Wanamaker.
SourceAcquisition
Jan 2025ActiGraph acquired Biofourmis Connect / the life-sciences business, reducing Biofourmis' scope to the care-delivery business.
SourceLatest news
STAT · Jan 2025
ActiGraph acquired Biofourmis' life sciences business, a deal that re-scoped Biofourmis toward care delivery and away from its digital-trial business.
Biofourmis · Jan 2025
Biofourmis announced a collaboration with AdventHealth to expand remote patient management and hospital-at-home care in Central Florida.
Business Wire · Nov 2024
Biofourmis announced a partnership with Lee Health to support RPM and launch a hospital-at-home program.
Biofourmis · Oct 2024
Biofourmis and CopilotIQ announced a strategic merger to create an AI-driven in-home care platform spanning pre-surgery, acute, post-acute, and chronic care.
MobiHealthNews · Aug 2023
Founder and CEO Kuldeep Singh Rajput stepped down shortly after the company announced global layoffs.
Jobs and careers at Biofourmis
1 job at Biofourmis
Digital Health Executive
Remote
Sales
Remote
1mo ago
Remote
Full-time