Figure 1, the "Instagram for Doctors", just raised $10 million
Figure 1 is structured as a kind of social network where more than a million healthcare professionals can view rare conditions, learn about novel treatments and even teach cases. It has just raised $10 million in Series B funding.
Kensington Capital Partners led the round in Figure 1, which has also been called the Instagram for doctors. Other participants include Samsung NEXT, insurance conglomerate John Hancock/Manulife, the venture debt firm WTI, the Canadian investment firm Hedgewood, and earlier backers Union Square Ventures, Rho Canada Ventures, and Version One Ventures.
Figure 1’s founder and CEO is Gregory Levey, who leads the operations of his four-year-old, 50-person, Toronto-based startup, which has now raised more than $20 million altogether.