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.

Author: Erin Kutz

Erin Kutz has a background in covering business, politics and general news. She holds a bachelor’s degree in journalism from Boston University. Erin previously worked in the Boston bureau of Reuters, where she wrote articles on the investment management and mutual fund industries. While in college, she researched for USA Today reporter Jayne O’Donnell’s book, Gen Buy: How Tweens, Teens and Twenty-Somethings Are Revolutionizing Retail. She also spent a semester in Washington, DC, reporting Capitol Hill stories as a correspondent for two Connecticut newspapers and interning in the Money section of USA Today, where she assisted with coverage on the retail and small business beats. Erin got her first taste of reporting at Boston University’s independent student newspaper, as a city section reporter and fact checker and editor of the paper’s weekly business section.