Sermo - About the company
Sermo is an acquired company based in New York City (United States), founded in 2005 by Daniel Palestrant. It operates as a Provider of social community for physicians. Sermo has raised $43M in funding from investors like Longworth Venture Partners, Legg Mason and MMV Financial. The company has 286 active competitors, including 20 funded and 10 that have exited. Its top competitors include companies like Doximity, DailyRounds and Docquity.
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
Investors
Ranked
4th among 286 active competitors
Employee Count
643 as on Aug 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Abry (Feb 06, 2019)
Legal entities associated with Sermo
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 | - | 101 (As on Dec 31, 2024) | - |
Sermo's acquisition details
Sermo got acquired by Abry on Feb 06, 2019.
Click here to take a look at Sermo's acquisition in detail
Sign up to download Sermo's company profile
Sermo's funding and investors
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
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 17, 2011 | 3446597 | Series C | 4195384 | 4293806 | 8368821 | 2773104 |
Sep 01, 2007 | 9910990 | Series C | 6280891 | 5803520 | 4170145 | |
Jan 23, 2007 | 8820982 | Series B | 4379578 | 3619127 |
Access funding benchmarks and valuations. Sign up today!View details of Sermo's funding rounds and investors
Sermo's founders and board of directors
Founder? Claim ProfileThe founders of Sermo is Daniel Palestrant.
Here are the details of Sermo's key team members:
- Daniel Palestrant: Former Co-Founder of Sermo and founder of 1 other company.
- Tim Davenport: CEO of Sermo.
View details of Sermo's Founder profiles and Board Members
Sermo's employee count trend
Sermo has 643 employees as of Aug 26. Here is Sermo's employee count trend over the years:
Uncover Sermo's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Sermo's Competitors and alternates
Top competitors of Sermo include Doximity, DailyRounds and Docquity. Here is the list of Top 10 competitors of Sermo, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Doximity 2011, San Mateo (United States), Public | Mobile networking platform for medical professionals | $81.9M | 76/100 | |
2nd | DailyRounds 2014, Bengaluru (India), Acquired | Provider of a social platform for healthcare professionals | $1.7M | 72/100 | |
3rd | Professional networking platform for doctors | $57.5M | 70/100 | ||
4th |  Sermo 2005, New York City (United States), Acquired | Provider of social community for physicians | $43M | 69/100 | |
5th | Apps offering information on health and wellness and connecting doctors | - | - | 65/100 | |
6th |  Techspert 2016, London (United Kingdom), Series B | Leading expert network for healthcare and life sciences | $24.9M | 63/100 | |
7th | Provider of a social platform for doctors and patients | $15.6M | 60/100 | ||
8th | Online platform offering a community for physicians and healthcare professionals | $682M | 59/100 | ||
9th |  Alucio 2019, San Francisco (United States), Acquired | Provider of platform for the exchange of scientific knowledge | $4.15M | - | 49/100 |
10th | Online platform to connect doctors to share medical information | - | 43/100 |
_1581058158875.png?devicePixelRatio=2&height=30&width=30){kind=logo}
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Sermo's competitors? Click here to see the top ones
Sermo's Investments and acquisitions
Sermo has acquired Minter Group. Sermo has not made any investments as of now.Reports related to Sermo
Here is the latest report on Sermo's sector:
News related to Sermo
Filter this listMedia has covered Sermo for 1 event in last 1 year, It was about company updates.
•
•
Physician burnout: 82% fear career repercussions from seeking mental health help.Business Wire•Mar 31, 2025•Sermo
•
•
More than half of doctors have been asked for an unapproved treatment for COVID-19 by their patientsBusiness Wire•Mar 17, 2022•Sermo
•
Movember and Sermo Partner to Increase Physician Conversation Around Prostate CancerBusiness Wire•Sep 28, 2021•Movember, Sermo
•
Sermo Acquires Minter Group To Meet Growing Demand For HCP Insights In APAC RegionMarTech Series•Jun 15, 2021•Sermo, Minter Group
•
Drug Sentiment Index Launches on Bloomberg Enterprise Access PointBusiness Wire•Nov 19, 2020•Sermo, Pulsar, Bloomberg
•
•
•
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Sermo
Explore our recently published companies
- Himsons - Vadodara based, 1988 founded, Unfunded company
- Com2uS Platform Corp - Unfunded company
- Just Print - Unfunded company
