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Sermo, Inc.
Business Summary
Sermo, Inc. is a privately-held, venture capital backed medical software company. The company offer a social media platform for physicians to collaborate and exchange information. Sermo, Inc. is headquartered in Cambridge, Massachusetts. Daniel Palestrant founded Sermo, Inc. in 2006.
Overview & Corporate Organization
Basic Information
| Company Tags: | PE Backed VC Backed |
| Year Founded: | 2006 |
| Fiscal Year End: | 12/31 |
| 1YR Employee Growth Rate: | View % |
| 3YR Employee Growth Rate (CAGR): | View % |
| City: | Cambridge |
| State/Province: | Massachusetts |
| Country: | United States |
| Phone: | View |
| Website: | www.sermo.com |
Corporate Organization
| Founders: | Daniel Palestrant |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Technology > Software > Health & Medical Software |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Competitors & Comparables
Competitors
| Epocrates Inc. |
| Quantia Communications |
Charts, Financials, and Statistics (Table Format)
Copy & Paste Financials Into Spreadsheet or
| Financial Notes: | |
| * | Sermo, Inc. fiscal year end: 12/31 |
Charts, Financials, and Statistics (Graphs)
(Copy and paste into spreadsheet or export all Sermo, Inc. financials to Excel and create your own graphs.)
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Sermo, Inc. Total Employees: |
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Jul. 2012 | Completed | View | View | Acquisition | View |
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VC/Funding Activity
| Date | Investor | Round | Investor Type | |
| Sep. 2006 | View | A | Venture Capital | |
| Details | Total Round A View | |||
| Jan. 2007 | View | B | Venture Capital | |
| Jan. 2007 | View | B | Venture Capital | |
| Details | Total Round B View | |||
| Sep. 2007 | View | C | Private Equity | |
| Sep. 2007 | View | C | Private Equity & Venture Capital | |
| Sep. 2007 | View | C | Venture Capital | |
| Sep. 2007 | View | C | Venture Capital | |
| Details | Total Round C View | |||
| Feb. 2011 | View | Debt Funding | Venture Capital | |
| Details | Total Round Debt Funding View | |||
| Total of Funding Shown Above View | ||||
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Detailed Business Description: Sermo, Inc.
Overview
Sermo, Inc. is a privately-held company that provides a collaborative social media network to physicians. The software is built on the foundation of community wisdom. Daniel Palestrant founded the company in 2006. Sermo, Inc. is headquartered in Cambridge, Massachusetts. Over 120,000 physicians utilize Sermo’s network which spans 68 specialties and all 50 states.
Sermo, Inc’s software allows physicians to connect with one another. The physicians can instantaneously consult and exchange information. As a member, physicians can submit and reply to posts, participate in surveys, track issues and follow the healthcare reform movement.
Sermo Curbside is an interactive dialogue for members. Physicians can ask for insight and advice from their colleagues using Sermo Curbside. Together, members are able to form a group consensus on drug, devices and treatments. Sermo Search allows member to search for other member by username, state or specialty. The Practice… Continue Reading →
Supplemental Resources
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