Sermo Gets $3.5M from MMV

Cambridge, MA-based Sermo, provider of the nation’s largest online community of doctors, has received $3.5 million in growth capital funding from MMV Financial, the finance firm announced today. The money comes as part of a $5 million round for Sermo, which will use the funds to expand its physician community, according to the announcement. Sermo launched in 2005 and serves 13 of the top 15 pharmaceutical companies as customers, as well as healthcare institutions, financial services firms, and government agencies, who can tap into the Sermo physician community for market research and insight.

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2 responses to “Sermo Gets $3.5M from MMV”

  1. Wondering says:

    What happened to the other $25M that Sermo raised 3 years ago? Is the business model sustainable?