C

CopilotIQ

Telehealth-based remote monitoring for chronic conditions

Overview

CopilotIQ provides at-home monitoring for chronic conditions such as diabetes, high blood pressure, and heart disease, with telehealth services and free devices for Medicare patients in several southeastern and midwestern states, with plans to expand. Readings from patients’ devices are automatically sent to a medical team that builds trend charts, identifies issues, and suggests management changes through telehealth. Revenue is driven by Medicare reimbursements for qualifying patients. The goal is to improve health outcomes by delivering real-time data to patients and providers, enabling proactive chronic care and potentially reducing the need for medications.

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About CopilotIQ

Simplify's Rating
Why CopilotIQ is rated
C
Rated C on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsEnterprise SoftwareHealthcare

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Nashville, TN

Founded

2021

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Simplify's take

What believers are saying

  • Biofourmis said November 2026 it is launching an AI-driven personalized chronic care platform.
  • CMS extended the hospital-at-home waiver through September 30, 2030, supporting enterprise demand.
  • CopilotIQ still targets Medicare Advantage plans across diabetes and hypertension with cost-reduction claims.

What critics are saying

  • Biofourmis cut 120 employees in 2026 and lost CEO Kuldeep Singh Rajput on November 9, 2026.
  • No audited revenue is public; buyer confidence depends on opaque reimbursement economics.
  • UnitedHealth, Omada, and Teladoc pressure margins; one major contract loss would cripple growth.

What makes CopilotIQ unique

  • October 2024 merger combines CopilotIQ's chronic monitoring with Biofourmis's enterprise care workflows.
  • The platform spans pre-surgical, acute, post-acute, and chronic care in one stack.
  • Medicare-reimbursed remote monitoring plus free devices lowers adoption friction for seniors.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • 401(k) Retirement Plan
  • Remote Work Options
  • Paid Vacation
  • Paid Sick Leave
  • Professional Development Budget

Company News

PR Newswire
Jan 7th, 2025
Actigraph Accelerates Clinical Trial Modernization With Transformational Acquisition Of Biofourmis Life Science Business

PENSACOLA, Fla. and NASHVILLE, Tenn., Jan. 7, 2025 /PRNewswire/ -- ActiGraph, the global leader in wearable digital health technology for clinical research and development, has announced the acquisition of Biofourmis Connect, a division of Biofourmis that delivers an AI-driven, digital trial platform tailored for the life science industry. The combined solution will create a market-leading, unified software and data ecosystem for the modernization of clinical research throughout the drug-product lifecycle and across therapeutic areas.This strategic acquisition enables ActiGraph to deliver the industry's most comprehensive and trusted digital health solution, supporting a wide range of clinical use cases with a device-agnostic platform and patient-centric approach. ActiGraph's leading-edge, medical-grade LEAP wearable technology will be integrated alongside other medical-grade devices, including ECG, pulse oximetry, spirometry, and blood pressure, powered by regulatory-cleared algorithms. ActiGraph is further elevating its leadership in the remote and real-time capture of continuous, high-precision digital health data and will address new areas of high unmet need, such as objective assessments of pain and prediction of Cytokine Release Syndrome (CRS) risk in oncology and immunology trials.Boosted by more than 30 proprietary AI-driven algorithms and practical expertise working with the FDA and EMA, ActiGraph will expand its support of biopharma clients throughout the full life cycle of their assets with bespoke digital biomarker programs

Tech in Asia
Dec 13th, 2024
Healthtech Unicorn Biofourmis Cuts More Jobs After Merger

Healthtech unicorn Biofourmis axed about 30 employees from its Singapore and India offices at the end of November, people familiar with the matter told Tech in Asia. However, the exact number of retrenched staff per country remains unclear. The move comes just a month after US-headquartered Biofourmis and General Atlantic-backed CopilotIQ announced a merger to form an AI-driven platform aimed at providing in-home healthcare. Tech in Asia has reached out to Biofourmis for comment.Photo credit: BiofourmisBiofourmis underwent two rounds of layoffs last year. The first occurred before Kuldeep Singh Rajput, the company’s CEO at the time, stepped down in August 2023. The second involved 130 employees and took place months later in October, when the firm began winding down operations in Singapore

Business Wire
Oct 22nd, 2024
CopilotIQ and Biofourmis Merge to Create the First End-to-End Platform for AI-Driven In-Home Care

CopilotIQ, the health tech company helping older Americans with chronic conditions live longer and healthier lives, and Biofourmis, a global technolog

DealStreetAsia
Oct 22nd, 2024
SG-born Biofourmis merges with US healthtech firm CopilotIQ

Biofourmis, the digital therapeutics unicorn founded in Singapore, has merged with US-based at-home remote health monitoring company CopilotIQ in an all-stock deal.

Fierce Healthcare
Oct 21st, 2024
HLTH24: CopilotIQ, Biofourmis merge to carve out bigger slice of in-home care solutions market

CopilotIQ has raised $30 million in seed and series A funding rounds, both led by Bessemer Venture Partners.

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