MediSage raises about $7M in first round of institutional fundraise via Bessemer Venture Partners
- ByStartupStory | April 13, 2022
MediSage announced its raise of about $7 million (Rs 53 crore) in its first round of institutional funding led by Bessemer Venture Partners. The round also saw participation from seasoned healthcare investors including Rahul Mukim, Director, The Carlyle Group; Vijay Datt — Founder, Promoter and CEO of Citadel Management Consulting; TP Devarajan, Managing Director, Invascent Advisory Services; and Siddharth Sikchi — Founder and Director, Clean Sciences and Technology.
In order to expand its team and strengthen its product, MediSage would use its funds.
Bhagwat Dhingra, MD and Co-founder, MediSage said, commenting on the raised funds, that medical information is changing rapidly driven by newer diagnostic tools, changing disease patterns, and new research on drugs. They have built a digital highway where such information can be exchanged seamlessly empowering doctors in order to deliver better patient outcomes, with MediSage. To reach the last mile doctor and drive evidence-based practice has been aimed by the startup.
About 4x growth in doctors accessing the platform has been witnessed by MediSage. On an average, these doctors are spending, 22 minutes consuming content across 15 different speciality areas — this is a clear indication that the platform works,“ said Managing Director, Bessemer Venture Partners, Vishal Gupta. They are excited to partner with MediSage on their goal by becoming the go-to digital channel where doctors can access credible medical information and connect with peers in order to help bring the best care possible to all patients.
MediSage, founded in 2019 by healthcare industry veterans, Bhagwat Dhingra, Abhishek Ghosh and Anurag Dhingra, is a knowledge community that connects the healthcare ecosystem of doctors, nurses, patient cases to pharmaceutical, and diagnostics companies.
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