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Medical App Figure 1 Raises $10 Million Series B to Boost Healthcare Knowledge

Figure 1, a knowledge-sharing platform for healthcare professionals, this morning announced that it has raised $10 million.

The Series B capital hails from a group of investors that includes Kensington Capital Partners, Samsung NEXT, and Manulife Financial.

“Figure 1 is the largest crowd-sourced medical platform in the world,” says Amit Garg, Principal at Samsung NEXT Ventures. “Figure 1 [allows] healthcare professionals everywhere to share and collaborate with each other, leading to better outcomes.”

Existing investors Union Square Ventures, Rho Canada Ventures, and Version One Ventures also participated in the round.

“Every morning we wake up with the goal of democratizing medical knowledge in order to help save lives,” said Gregory Levey, Figure 1’s CEO. “Using these resources, the coming years will see Figure 1 integrate new technologies in order to completely transform itself—bolstering the already astounding capabilities of the network.”

In four years, Figure 1—a finalist in the most recent Canadian Startup Awards—has become a global platform for millions of healthcare professionals to connect with each other around patient cases. More than two-thirds of US medical students are on the platform. Over one million healthcare professionals have viewed medical cases on the platform more than two billion times.

And yet: “We are just getting started,” says Levey.

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