When was Sermo founded?

Sermo was founded in 2005 and raised its 1st funding round 1 year after it was founded.

Where is Sermo located?

Sermo is headquartered in New York City, United States.

How many employees does Sermo have?

As of Dec 31, 2021, the latest employee count at Sermo is 82.

Is Sermo a funded company?

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 round, raised on Sep 26, 2006.

When was the latest funding round of Sermo?

Sermo's latest funding was a $***** Series C round on Feb 17, 2011, with participation from 1 investor. Its primary sector is Social Platforms. Globally, the Social Platforms sector has seen $44.8M in funding in 2026 to date.

Where does Sermo rank among its competitors?

Sermo ranks 4th amongst 259 active competitors, of which 15 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Techspert, which secured $6.75M in Feb, 2026.

Who are the top competitors of Sermo?

Sermo's top competitors include Doximity, Docquity and DailyRounds. Among them, Techspert secured the most recent funding round in February, 2026.

Sermo - 2026 Company Profile, Team, Funding & Competitors

Company Details

SERMO is a provider of a social community for physicians. It offers a social community for doctors to discuss cases, research, conduct polls, etc. Doctors can ask each other real-life questions and gather advice and second opinions about the diagnosis.

Website: sermo.com
Social
Email ID: *****@sermo.com
Phone Number: +1 **********

Key Metrics

Founded Year

2005

Location

New York City, United States

Stage

Acquired

Total Funding

$43M in 4 rounds

Latest Funding Round

Series C, Feb 17, 2011, $*****

Investors

Longworth Venture Partners & 7 more

Ranked

4^th among 259 active competitors

Employee Count

82 as on Dec 31, 2021

Investment & Acquisitions

Minter Group

Similar Companies

Doximity & 208 more

Exit Details

Acquired by Abry (Feb 06, 2019)

View Sermo's full profile

Sermo is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SERMO, INC CIN: 203980356 , United States, Active	Dec 19, 2005	-	60 (As on Dec 31, 2020)	-

Sermo got acquired by Abry on Feb 06, 2019. It was facilitated by Chestnut Hill Partners, Marlin & Associates, Taylor Wessing and 2 more.

Click here to take a look at Sermo's acquisition in detail

Sermo has raised a total funding of $43M over 4 rounds. Its first funding round was on Sep 26, 2006. Its latest funding round was a Series C round on Feb 17, 2011 for $*****. 1 investor participated in its latest round. Sermo has 8 institutional investors.

Here is the list of recent funding rounds of Sermo:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 17, 2011	8266030	Series C	5572204	5306662	2788820	5056973
Sep 01, 2007	6039846	Series C	7864321	4656181	4569889	Longworth Venture Partners & 1 more
Jan 23, 2007	7797433	Series B	6228208	5667864	SoftBank Capital	Longworth Venture Partners

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View details of Sermo's funding rounds and investors

The founders of Sermo is Daniel Palestrant. Peter Kirk is the CEO of Sermo.

Here are the details of Sermo's key team members:

Daniel Palestrant: Former Co-Founder of Sermo and founder of 1 other company.
Peter Kirk: CEO of Sermo.

View details of Sermo's Founder profiles and Board Members

Sermo's employee count trend

Sermo has 82 employees as of Dec 21. Here is Sermo's employee count trend over the years:

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Top competitors of Sermo include Doximity, Docquity and DailyRounds. Here is the list of Top 10 competitors of Sermo, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Doximity 2011, San Mateo (United States), Public	Mobile networking platform for medical professionals	$81.8M	T. Rowe Price, DFJ & 8 others	81/100
2nd	Docquity 2011, Singapore (Singapore), Series C	Professional networking platform for doctors	$57.5M	ITOCHU, Genesia Ventures & 20 others	72/100
3rd	DailyRounds 2014, Bengaluru (India), Acquired	Provider of a social platform for healthcare professionals	$1.7M	Accel, Beenext & 9 others	72/100
4th	Sermo 2005, New York City (United States), Acquired	Provider of social community for physicians	$43M	Deerfield, MMV Financial & 6 others	69/100
5th	Techspert 2016, London (United Kingdom), Acquired	Leading expert network for healthcare and life sciences	$24.9M	Nauta Capital, BGF & 13 others	65/100
6th	Human 2021, Surry Hills (Australia), Seed	Provider of a social platform for ‍doctors and patients	$15.6M	LocalGlobe, AirTree & 9 others	56/100
7th	DXY 2010, Hangzhou (China), Series E	Online platform offering a community for physicians and healthcare professionals	$682M	Trustbridge Partners, DCM Ventures & 6 others	56/100
8th	Alucio 2019, San Francisco (United States), Acquired	Provider of platform for the exchange of scientific knowledge	$4.15M	-	50/100
9th	CLIRNET 2015, Mumbai (India), Seed	Digital continuing medical education and doctor-generated content platform	$2.66M	Bluepond Consultancy Services & 21 others	49/100
10th	Hidoc 2016, Pune (India), Unfunded	Apps offering information on health and wellness and connecting doctors	-	-	48/100