| Date | Title | Description |
| 13.05.2024 | Information-sharing App for Doctors Figure 1 Expands with Branded Content | In over 190 countries, Figure 1 is a clear example of a Canadian tech success story.
Since 2013, Figure 1 has had amazing traction from the medical community, being used by millions of doctors around the world, including 75% of students in ... |
| 13.05.2024 | RFI Alumni Figure 1 Raises $10MM in Series B Funding Round | Have you ever wondered if your doctor collaborates with other doctors to make sure they have that diagnosis just right? Figure 1, a knowledge-sharing platform for healthcare professionals, makes that practice a lot easier—and it’s paying of... |
| 16.03.2022 | Climate Tech Investing in Emerging Markets (Part Two) | This post is written in collaboration with CrossBoundary, an investment firm unlocking capital for sustainable growth in underserved global markets.
In January, I wrote about the case for climate tech investing in emerging markets. In addi... |
| 20.01.2022 | Climate Tech Investing in Emerging Markets (Part One) | This post is written in collaboration with CrossBoundary, an investment firm unlocking capital for sustainable growth in underserved global markets.
I recently joined the USV team and as many investors and founders, I have been a long-time... |
| 28.07.2021 | The Growing Demand for Clean Electricity | The availability of abundant and affordable energy is directly linked to the quality of life. Energy consumption of 100 GJ or more per capita appears to be a precondition to achieving a high degree of human development (the United Nations H... |
| 07.06.2021 | Electrifying Buildings | This is one of several posts on new areas we are exploring for USV’s Climate Fund.
Electrifying buildings will play a critical role in managing our carbon budget. Nearly 18% of global greenhouse gas emissions are attributed to powering res... |
| 22.08.2020 | Launched with $17 million by two former Norwest investors, Tau Ventures is ready for its closeup | Amit Garg and Sanjay Rao have spent the bulk of their professional lives developing technology, founding startups and investing in startups at places like Google and Microsoft, HealthIQ, and Norwest Venture Partners.
Over their decade-long ... |
| 01.04.2018 | USV Thesis 3.0 | The commitment to a thesis is part of the fiber of USV–a shared set of ideas creates a framework that allows us to operate with focus and work on what matters most to our team. But what that thesis is has evolved over time and will continue... |
| 21.07.2017 | For those who want to really understand blockchain, there’s a new library, Coindexter | One of the biggest hurdles to understanding the world of cryptocurrencies is… understanding it.
The crypto exchanges are not like a futures market on corn or wheat or even stocks of companies because they’re hypercomplex and there is little... |
| 14.06.2017 | Figure 1 picks up another $10M for image-based doctor social network | Clinical image and knowledge-sharing app Figure 1, which is sometimes described as an Instagram for doctors, has raised $10 million in funding in a round led by Kensington Capital Partners, with additional support from Samsung NEXT Ventures... |
| 14.06.2017 | Term Sheet — Wednesday, June 14 | ET CETERA
Uber CEO Travis Kalanick has taken an indefinite leave of absence from the company, which means this site was not helpful at all (you had one job…). As we noted on Monday, the company will be run by a committee, which is not ideal... |
| 13.06.2017 | Figure 1 raises $13 million Series B as it explores new revenue streams | Toronto-based Figure 1, a medical sharing app known as the “Instagram for doctors,” has raised a $13 million Series B funding round.
Figure 1’s Series B round was by led by Canadian private investment firm Kensington Capital Partners. The r... |
| 13.06.2017 | Figure 1 Lands $10M to Expand “Instagram for Doctors” App | Figure 1, a Toronto-based digital health startup known as the “Instagram of Doctors” app has raised $10 million in Series B funding led by Kensington Capital Partners. The round included participation from Samsung and insurance conglomerate... |
| 13.06.2017 | Figure 1 Closes US$10M Series B Funding | Figure 1, a Toronto, Canada-based knowledge-sharing platform for healthcare professionals, raised US$10M in Series B funding.
The round was led by Kensington Capital Partners with participation from Samsung NEXT, John Hancock/Manulife Finan... |
| 13.06.2017 | The “Instagram for doctors” just raised a fresh $10 million | Figure 1 isn’t for the squeamish, but investors apparently love it. The company, a kind of social network where more than a million healthcare professionals can view rare conditions, learn about novel treatments and even teach cases, has ju... |
| 19.04.2017 | Figure 1, a knowledge-sharing app for doctors, launches sponsored content | Since its launch in 2013, Figure 1, a photo- and knowledge-sharing app for medical professionals, has focused on “traction” that is winning over new users and keeping them around. The app now boasts registered users in 190 countries, with t... |
| 07.09.2016 | The Revolving Door | USV is a revolving door when it comes to our analyst program. We hire the smartest young people we can find (Jennifer and Jacqueline are our newest hires) and ask them to spend two years with us learning the VC business and helping us make ... |
| 12.07.2016 | Payjoy | Sometime in the late 90s I picked up my first mobile phone, a Motorola StarTAC. The sound quality wasn’t great but it was a radical change to no longer be tethered to a wireline. Next up was the Blackberry, which combined voice with email, ... |
| 06.06.2016 | Photo-sharing app for health professionals, Figure1, adds direct messaging | Figure1, which started out as a photo-sharing app for medical professionals, has quietly added direct messaging to its platform, showing signs the startup wants to be more of a Facebook and less of an Instagram in its field.
Toronto- and Ne... |
| 27.02.2016 | Video Of The Week: Andy Weissman at Figure 1 | My partner Andy Weissman did a fireside chat in Toronto a few weeks ago at the offices of our portfolio company Figure 1. This is a long video, almost an hour long, but there are a lot of gems in here. |
| 22.02.2016 | Image-sharing app Figure 1 takes pulse of healthcare professionals | “We see thousands of responses a day,” Landy reported. There was “curiosity” when the movie “Concussion” came out on Christmas day, he said. Plenty of users also wanted to know about presidential candidate Ben Carson’s medical training.
Mos... |
| 12.12.2015 | USV Thesis 2.0 | Union Square Ventures has always been a “thesis” driven firm. We maintain specific principles about the internet that guide our investment decisions. While other things like stage and to a lesser extent geography, also matter, our thesis or... |
| 15.10.2015 | Figure 1 Raises $5M in Series A Funding | Figure 1, Toronto, Ontario, Canada-based provider of a medical image database and app for healthcare, raised an additional $5m in Series A funding.
The round was led by Union Square Ventures with participation from existing investors Graph ... |
| 15.10.2015 | Daily funding roundup - October 15, 2015 | Quip secured $30M; OpenGov raised $25M; Niantic landed $20M
OpenGov, which allows local governments to bring their data to the cloud, has an additional $25 million, it announced on Thursday The oversubscribed funding round included existing... |
| 15.10.2015 | Figure 1 Raises $5M For its “Instagram for Doctors” App | The Toronto-based startup Figure 1, whose medical photo sharing app used by more than 500k medical professionals across 100 counties has raised $5 million in funding from Union Square Ventures as well as existing backers Version One Venture... |
| 15.10.2015 | Today in funding ($50M): SoapBox, Cymax, Figure 1, Chef’s Plate | Toronto-based companies flipped the bat in funding this week as their home team moved one step closer to the World Series. Here’s the latest on who raised how much, and from whom.
SoapBox secures $3 million seed round
Toronto-based SoapBox,... |
| 14.10.2015 | Figure 1 raises $5M to expand picture taking app for doctors into Brazil, Asia | Toronto, Canada-based Figure 1, which offers a photo sharing app for doctors, raised $5 million in a round led by Union Square Ventures with participation from existing investors Version One Ventures and Rho Canada Ventures. Allen and Compa... |
| 18.08.2015 | On Digital Healthcare | At USV, we are big believers in being public about our investment thesis and the work we do to arrive at them. We are also big believers in working with like minded VCs on our investments. A few years we decided to merge the two. My partner... |
| 14.07.2015 | The ‘Instagram for Doctors’ is bringing a whole new meaning to digital health | Photo: Figure 1
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| 28.08.2014 | From Tweet to Tender: Figure1 Used Social Media to Get Investment Cash | Ordinarily, New York-based Union Square Ventures likes to invest in startups like Twitter, Tumblr, Zynga and Kickstarter. But according to the Financial Post, one tweet led to a small Toronto medical image app raising its $4 million series ... |
| 07.08.2014 | Figure1 | Last week I wrote the Dentist Office Software Story and the top comment on that post was this from LIAD:
….along comes Sevin Kystrom, he only cares about looking at photos of teeth. he unbundles photos from denstry.com by creating a standal... |
| 06.08.2014 | Figure 1 | Social applications leverage the network structure of the Internet to connect people, places, and media. Over the last decade, we’ve seen the origination and maturation of these services, from Facebook to Twitter to Reddit to Tumblr to many... |
| 06.08.2014 | Figure 1 Closes $4M Series A Funding | Figure 1, a Toronto, Canada-based healthcare startup, closed a $4m Series A funding.
The round was led by Union Square Ventures, with participation from existing investors Version One Ventures and Rho Canada Ventures and new angel investor ... |
| 06.08.2014 | Toronto’s Figure1 Medical Imagery App Raises $4 Million from Union Square Ventures | According to Fortune, Toronto startup Figure1, which created a medical imagery app for gruesome photos, has raised $4 million from Union Square Ventures. Rho Canada Ventures and Version One Ventures also participated in the round.
The start... |
| 11.12.2013 | The health-tech booster shot: bringing health care into the 21st century | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!
This is a guest post by investor Boris Wertz
Over... |
| 11.12.2013 | The health-tech booster shot: bringing health care into the 21st century | This is a guest post by investor Boris Wertz
Over the past five years, we’ve seen professionals in numerous fields adopt innovative software products that help them work more effectively and efficiently. While healthcare has always been a c... |
| 10.12.2013 | Canadian investors inject $2M in seed funding into medical photo sharing app Figure 1 | Investors including Canadian VC firms Version One Ventures and Rho Canada Ventures likely agree with the founders on the platform’s potential. They’ve just led a $2 million seed round for Figure 1 that was joined by the Investment Accelerat... |
| 09.12.2013 | Toronto’s Figure 1 Raises $2 Million from Version One, Rho Canada | Toronto-based photo sharing service for medical professionals, Figure 1, has raised a $2 million seed round. The app allows health care professionals to upload and share strange, fatal, and sometimes even gruesome images of things that can ... |
| 15.08.2013 | The cool, the gross and the puzzling of medical practice all in one photo-sharing app for docs | “Now that cellphone cameras are so good that you can take high-resolution images, people are documenting unique or puzzling or straight-out-of-the-textbook illnesses,” Landy said. “But usually, they’re shared one-on-one, and as soon as both... |
| 12.06.2013 | Here’s an App For Sharing Gruesome Images of Your Festering Wounds | Ew. (Photo: Figure1)
Do you enjoy trawling Web M.D. for gross-out fodder? If so boy, have we got the app for you.
Meet Figure1, a “crowdsourced medical image library for healthcare professionals.” That means docs can use it to document inte... |
| - | Canadian investors inject $2M in seed funding into medical photo sharing app Figure 1 | Six months post-launch, medical photo sharing app Figure 1 has attracted tens of thousands of users and now $2 million in venture and angel funds to expand to new platforms.
Though it’s often referred to in the media as “Instagram for docto... |
| - | The cool, the gross and the puzzling of medical practice all in one photo-sharing app for docs | Imagine opening your Instagram app and being greeted with photos an amputated, infected human leg, or a diabetic foot ulcer.
What’s nauseating to the average person could be interesting or helpful to a clinician, said Joshua Landy, an ICU d... |
| - | The ‘Instagram for Doctors’ is bringing a whole new meaning to digital health | Digital health is booming on social media, whether it be talking to doctors online or finding out how Twitter can help explain sleep disorders, but what about Instagram?
People who have rare diseases or try to raise awareness share their th... |
| - | Image-sharing app Figure 1 takes pulse of healthcare professionals | With a user base of half a million healthcare professionals around the world and more than 1 billion views of its medical cases, mobile healthcare image-sharing platform Figure 1 is starting to tap into its critical mass.
In December, Toron... |
