eHealth startup Figure 1 secures Series B financing

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By Ted Liu

Figure 1 Inc., a mobile-first network of healthcare professionals who use it to share and discuss medical images and other content, has raised US [mepr-active rule=”374″ ifallowed=”hide”]##subscriber ONLY content##[/mepr-active][mepr-active rule=”374″]$7.36[/mepr-active] million in series B financing with existing investors Union Square Ventures, Rho Canada Ventures, Version One Ventures, Social Capital, MaRS IAF, and private investors.

Union Square Ventures led Figure 1’s US $9 million Series A and A-1 closed in 2014 and 2015 respectively. Version One Ventures and Rho Canada Ventures co-led Figure 1’s seed round in the fall of 2013.

Figure 1’s Series B is priced at [mepr-active rule=”374″ ifallowed=”hide”]##subscriber ONLY content##[/mepr-active][mepr-active rule=”374″]21.5[/mepr-active]% over Series A-1.

LaBarge Weinstein LLP acts as legal counsel to Figure 1.

photo credit: Figure 1