# nference funding: rounds and investors > nference has raised $11M across 2 rounds since 2018. Investors include Mayo Clinic, PharmStars and Matrix Partners/ Matrix Capital. Every round with its source. Source: https://millionrounds.com/company/nference (Millionrounds; every figure on the page links to its filing or article) United States · [Venture startup](https://millionrounds.com/companies) # Who invested in *nference* 2 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Biotech Healthcare Funding summary Updated 26 Oct 2026 **$11M** raised across 2 rounds since 2018, from 2 sources - **Latest round:** Venture Dec 2022 - **Biggest round:** $11M Series A · Jun 2018 - **Investors:** 3 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2019 2020 2021 2022 **$11M** Series A **?** Venture - **First round:** Series A, $11M - **Biggest round:** $11M - **Between rounds:** 4.5 years ## The rounds - **Dec 2022** Venture **Amount undisclosed** *2 new* [Mayo Clinic](https://millionrounds.com/fund/mayo-clinic) [PharmStars](https://millionrounds.com/fund/pharmstars) Source recorded SEC filing: $2.7M sold, first sale Oct 2022 - **Jun 2018** Series A **$11M** *1 new* Matrix Partners/ Matrix Capital Reported by FinSMEs ## Founders and team From the SEC filings it signed: 4 on the team. - **Ajit Rajasekharan** Executive Officer i - **Murali Aravamudan** Executive Officer, Director i - **Thomas McNaughton** Executive Officer i - **Venkataramanan Soundararajan** Executive Officer i On the board, as filed i *David Goel* *John Halamka* ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series A** 2018 **Venture** 2022 [Mayo Clinic](https://millionrounds.com/fund/mayo-clinic) [PharmStars](https://millionrounds.com/fund/pharmstars) Matrix Partners/ Matrix Capital ## Everyone who backed them [Mayo Clinic](https://millionrounds.com/fund/mayo-clinic) Investment firm **1** round [PharmStars](https://millionrounds.com/fund/pharmstars) Accelerator **1** round Matrix Partners/ Matrix Capital no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=nference). ## Also claim to have backed them This firm lists nference as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above. [Matrix Partners](https://millionrounds.com/fund/matrix-partners) VC firm Per its own site ## Quick answers about nference ### Who invested in nference? nference's investors include Mayo Clinic, PharmStars and Matrix Partners/ Matrix Capital. ### How much has nference raised? nference has raised $11M across 2 rounds since 2018. One round did not disclose an amount, so the total is a floor. ### When did nference last raise? nference's most recent round was a Venture in Dec 2022. ### What was nference's biggest round? nference's largest round on record is $11M (Series A), in Jun 2018. ### Who backed nference first? nference's first round on record, in Jun 2018, was backed by Matrix Partners/ Matrix Capital. ### What stage is nference at? nference's latest named round is a Venture, in Dec 2022. ### Where is nference based? nference is based in the United States. ## Companies like nference In the same sector, and raised in the last eighteen months. [**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app