Med Learning Group, a medical education platform for healthcare practitioners, secured an undisclosed amount of funding from DW Healthcare Partners, a private equity firm focused exclusively on the healthcare industry.
The startup is raising money to expand its digital medical education/content platform, which helps healthcare providers and many pharmaceutical companies produce engaging or interactive medical content and share it with others healthcare providers.
Commenting on the funding news, Matt Frese, President of Med Learning Group, said: “This new phase of growth of the business is crucial to its’ ongoing success, and we believe that the experience DWHP brings to the table will help push us forward to meet the needs of more doctors and patients.”
Investors
“We are thrilled to be partnering with the team at Med Learning Group,” said Aly Champsi, Managing Director at DW Healthcare Partners. “We look forward to supporting their initiatives to grow their innovative Continuing Medical Education (CME) offerings.”
Medical education startups
Digital medical education startups have raised nearly $1 billion in venture capital funding to date, according to our database. Recently, Engaged MD, a provider of a cloud-based fertility-focused patient education platform, raised $11 million in funding led by MonCap. Psych Hub, an online mental health education provider, raised $16 million in Series A funding. HC9 Ventures and Frist Cressey Ventures co-led the investment round with Emerson Collective and HealthStream. HelloBetter, a provider of online psychology, psychotherapy, and mental health information and courses, raised $4.2 million in Series A funding from MassMutual Ventures (MMV), HealthCap, Expon Capital, and Sparrow Ventures.
Click here to learn more about medical education and information startups.
