About Sermo
Sermo is a company based in New York (United States) founded in 2005 by Morten Kirk was acquired by Abry in February 2019. Sermo has raised $43 million across 4 funding rounds from investors including Abry Partners, Legg Mason and MMV Financial. The company has 82 employees as of December 31, 2021. Sermo has completed 1 acquisition, including Minter Group. Sermo offers products and services including Sermo Platform and Drug Ratings Database. Sermo operates in a competitive market with competitors including Doximity, Docquity, DailyRounds, DXY and CLIRNet, among others.
- Headquarter New York, United States
- Employees 82 as on 31 Dec, 2021
- Founders Morten Kirk
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Sectors
HealthcareMedia & Entertainment
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Email
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Phone
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Website
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Social
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- Legal Name Sermo, Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$43 M (USD)
in 4 rounds
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Latest Funding Round
$3.5 M (USD), Series C
Feb 17, 2011
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Investors
Abry Partners
& 5 more
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Employee Count
82
as on Dec 31, 2021
- Investments & Acquisitions
- Acquired by
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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.
People of Sermo
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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.
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 |
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Tech & Life-Sciences focused Growth stage Venture Debt Firm investing in North America
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Waiting list management and analyses services in the technology sector.
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Early-stage investments in tech companies are made globally.
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Investor details for Sermo
Investor domains, locations, round participation, and complete history 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.
Investment portfolio details for Sermo
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Open forum and social networking platform for healthcare professionals
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Complete acquisition details for Sermo
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
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Financial Statements - Sermo
Detailed financials for Sermo
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Sermo Comparisons
Peer comparison for Sermo
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Competitors of Sermo
Sermo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Doximity, Docquity, DailyRounds, DXY and CLIRNet, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Mobile networking platform for medical professionals
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Professional networking for doctors is facilitated through discussions and resources.
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Provider of a social platform for healthcare professionals
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An online community for physicians and healthcare professionals is facilitated.
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Online networking and knowledge-sharing platform for doctors is operated.
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Detailed competitors of Sermo
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on 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.
As of Dec 31, 2021, the latest employee count at Sermo is 82.
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, Docquity and DailyRounds.
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.