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Figure 1
Connects healthcare professionals around the world to view, discuss, and share medical cases
About Figure 1
Figure 1, founded in Toronto in 2012 by Dr. Joshua Landy, Gregory Levey, and Richard Penner, operates a digital platform for medical collaboration on real patient cases. The idea originated when Dr. Landy, a critical care physician, noticed that medical professionals were informally sharing patient cases via text and email. This observation led to the creation of a dedicated and secure application for this purpose. The platform launched in North America in May 2013 and has since expanded its reach to over 100 countries, with a reported user base of over a million healthcare professionals.
The core of Figure 1's business is a social networking service where healthcare professionals can post, view, and discuss medical images and cases. This facilitates real-time knowledge sharing and collaboration, aiming to improve patient diagnosis and treatment outcomes globally. The platform is designed for a professional audience, and users must be verified as licensed healthcare professionals or students to post cases and comment. To address privacy concerns, Figure 1 has integrated features like automatic face blocking and other de-identification tools to ensure patient anonymity. Each case is reviewed by a team of moderators before being published to ensure no identifying information is present and that it holds educational value.
Figure 1's platform allows for the sharing of various medical imagery, including the ability to upload and scroll through full stacks of CT or MR images, mimicking a PACS workstation experience on a mobile device. The service is free for users, with the company historically focusing on growing its community, backed by venture capital funding. In February 2024, Figure 1 was acquired by Physician's Weekly, a medical news and education platform, for an undisclosed amount. This acquisition aims to enhance the combined offering of clinical insights and resources for healthcare professionals.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2012
- Headquarters
- Toronto, Canada
- Employees
- 37
- Open positions
- None listed
- Dealroom signal
- 59.9/100
- Industry
- Health
- Sub-industry
- Medical Devices, Health Platform
- Sector
- Health Tech & Medtech, Medical Education, Disease, Physician Support Tools, Hard Tech
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Feb 2024 | $0 | — | Physicians Weekly | ↗ |
| SERIES B✓Equity / VC | Jun 2017 | $10M | $40M | Union Square Ventures · Rho Canada · Version One Ventures · Hedgewood | — |
Growth signals
Latest recorded traffic for Figure 1 is 56K monthly website visits, up 51.4% over the last three months. Figure 1's team declined 43.9% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed5 investors entered at this stage
Version One Ventures
MaRS Investment Accelerator Fund
Daniel Debow
Rho Canada Ventures
Jevon MacDonald
Series A8 investors entered at this stage
Union Square Ventures
Allen & Company
Kensington Capital Partners- LCLionfish Capital
Rho Canada
Hedgewood
Samsung Next
Manulife Financial
Other known investors5 additional known investors
Physicians Weekly
DMZ Ventures
Graph Ventures
Rho Capital Partners
Western Technology Investment
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Figure 1 on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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