About Sermo
Sermo is a Healthcare company based in New York (United States) founded in 2005 by Morten Kirk, and was acquired by Abry in February 2019. Provider of social community for physicians. It operates in the Healthcare and Media & Entertainment sectors. Sermo has raised $43 million across 4 funding rounds from investors including Abry Partners, Legg Mason and MMV Financial. The company has 82 employees. Sermo has completed 1 acquisition, including Minter Group. Its website sermo.com draws about 908 thousand monthly visits. Sermo offers products and services including Sermo Platform and Drug Ratings Database. Its focus areas include Consumer, Social Platforms, Professionals and Doctors. Its legal entity is SERMO, INC. Its competitors include Doximity and Innovative Technology Partners; 2 of its 2 listed competitors have raised funding.
Company details
Sermo was founded in 2005 and is headquartered in New York, United States. A social platform is operated for physicians in the healthcare sector, where medical cases are discussed, research is shared, polls are conducted, and advice on diagnoses is sought through peer interactions. Real-life questions are posed among doctors to gather second opinions, supporting professional collaboration within the medical community.
- Total Equity Funding$43M (USD)
in 4 rounds
- Latest Funding Round$3.5M (USD), Series C
Feb 2011
- InvestorsAbry Partners
& 5 more
- Employee Count82
- Investments & Acquisitions
- Acquired by
Products & Services of Sermo
Sermo offers a comprehensive portfolio of products and services, including Sermo Platform and Drug Ratings Database.
Enables physicians to connect, discuss cases, and earn from surveys.
Allows physicians to rate and review drugs for global treatment insights.
Funding Insights of Sermo
Sermo has successfully raised a total of $43M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $3.5 million completed in February 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $43M
- Total Rounds 4
- Last Round Series C — $3.5M
- First Round $3M
(Sep 2006)
- Investors Count 4
All 4 funding rounds of Sermo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2011 | $3.5M | Series C | – | MMV Financial | – |
| Sep 2007 | $27M | Series C | – | Legg Mason | |
| Jan 2007 | $9.5M | Series B | – | SoftBank Capital | |
| Sep 2006 | $3M | Series A | – | Longworth Venture Partners | – |
6 investors in total: 6 institutional.
Investors in Sermo
Sermo has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Abry Partners, Legg Mason and MMV Financial.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech & Life-Sciences focused Growth stage Venture Debt Firm investing in North America | mmvf.com | Toronto, Canada | ||
Waiting list management and analyses services in the technology sector. | longworth.com | |||
Early-stage investments in tech companies are made globally. | softbankvc.com | New York, United States | ||
Abry Partners is engaged in middle market private equity investments. | 1989 | abry.com | Boston, United States | |
Diversified investment management services are offered globally. | 1899 | leggmason.com | Baltimore, United States | |
A social network platform designed exclusively for physicians to connect and collaborate. | 1997 | worldone.com | New York, United States |
Investor details for Sermo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Sermo
72 people are tracked at Sermo (56 in leadership, 16 in team); the tracked headcount is 82.
| Name | Role | Group |
|---|---|---|
Morten Kirk | Co-Founder | Leadership |
Alberto Abreu | Director Of Business Development | Leadership |
Isis Gaber | Director Of Commercial Development | Leadership |
Peter Kirk | Chief Executive Officer | Leadership |
Allison Hughes | Senior Director, Community Engagement | Leadership |
Erin Fitzgerald | Chief Marketing Officer | Leadership |
Michelle Wellington | Vice President Of Business Development | Leadership |
Tim Koehler | Demand Generation Director | Leadership |
Marc Payson | Vp, Commercial Development | Leadership |
Aimee Long | Director, Client Success | Leadership |
Chelsee Holden | Director, Client Success | Leadership |
Vishal Jhanjee | Vp, Sales | Leadership |
Doug Fox | Senior Director, Commercial Development | Leadership |
Andy Bray | Chief Financial Officer | Leadership |
Sergio Martinez Ruiz | Director | Leadership |
Fabian Schweizer | Senior Director Commercial Development | Leadership |
Nick Urda | Vice President, Commercial Development | Leadership |
Phillip J. Meister | Vice President, Global Business Development | Leadership |
Nihir Patel | VP Business Development | Leadership |
Jason Cammarata | Regional Vp, US Commercial Development | Leadership |
52 more people are available in the full profile.
Complete people profiles for Sermo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Sermo
Sermo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Minter Group.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Open forum and social networking platform for healthcare professionals | minter.com.au | Mona Vale, Australia | 1981 | Jun 2021 | •••• |
Complete acquisition details for Sermo
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Timeline of Sermo
6 dated milestones of Sermo across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Sermo is founded.
- Funding First funding round of $3.0M.
- Funding Latest funding round, Series C, of $3.5M.
- Exit Acquired by WorldOne.
- Exit Acquired by Abry.
- Acquisition Acquires Minter Group.
Competitors of Sermo
Sermo has 2 listed competitors in our database, 2 of them funded. They include Doximity and Innovative Technology Partners.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| doximity.com | 2011 | San Mateo, United States | $81.85M | 827 | Mobile networking platform for medical professionals | |
| techspert.com | 2000 | Minneapolis, United States | $18.75M | 53 | Leading expert network for healthcare and life sciences |
Detailed competitors of Sermo
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Web traffic of Sermo
The website of Sermo (sermo.com) receives about 908K visits a month and ranks #37,322 among all websites worldwide, #924 in Health.
- Monthly visits908K
▼ 25.2% vs previous month
- Unique visitors482.6K
per month
- Global rank#37,322
among all websites
- Category rank#924
Health · Health
- Bounce rate29%
- Pages per visit4.9
- Average visit2 min 25 sec
- DevicesDesktop 43% · Mobile 57%
Websites whose visitors overlap most with Sermo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
m3globalresearch.com | m3globalresearch.com | 100% | #41,382 | – | |
| patientslikeme.com | 89% | 123K | #323,351 | View details | |
allglobalcircle.com | allglobalcircle.com | 88% | #245,913 | – | |
| dailystrength.org | 84% | 3.7K | #3,967,404 | View details | |
| m-panels.com | 83% | #270,488 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Sermo
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
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Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Sermo (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Related news about Sermo
Complete news archive for Sermo
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Frequently Asked Questions about Sermo
Sermo was founded in 2005 and raised its 1st funding round 1 year after it was founded.
Sermo is headquartered in New York, United States. It is registered at New York, New York, United States.
Sermo is a funded company, having raised a total of $43M across 4 funding rounds to date. The company's 1st funding round was a Series A of $3M, raised on Sep 2006.
Sermo has 82 employees.
Sermo was founded in 2005 and is headquartered in New York, United States. A social platform is operated for physicians in the healthcare sector, where medical cases are discussed, research is shared, polls are conducted, and advice on diagnoses is sought through peer interactions. Real-life questions are posed among doctors to gather second opinions, supporting professional collaboration within the medical community.
Sermo's top competitors include Doximity and Innovative Technology Partners.
Sermo offers Sermo Platform and Drug Ratings Database.
Sermo has made 1 acquisition, including Minter Group.
Sermo has 6 investors. Key investors include Abry Partners, Legg Mason, MMV Financial, Longworth, and SoftBank Ventures.
Sermo operates through Sermo, Inc.
Yes. Sermo was acquired by Abry in February 2019.
The website of Sermo receives about 908 thousand visits a month and ranks #37,322 among all websites worldwide.