Media Giant SurvivorNet Raises $10M in Series B

By StartUp City | Friday, January 17, 2020

The media company provides information to more than 1.5 million unique visitors to access information from some of the world's top oncologists, representing a significant presence in the cancer market.

FREMONT, CA: SurvivorNet, a New York-based health media company, has closed a new round of $10M funding in Series B. This funding brings the total outside investment to $15-million for the company. The latest $10 M funding was led by London-based asset manager Gatemore Ventures, and the company plans to accelerate SurvivorNet's growth and expand its coverage across various types of cancer.

The media company provides information to more than 1.5 million unique visitors to access information from some of the world's top oncologists, representing a significant presence in the cancer market, which sees 1.8 million new diagnoses per year in the U.S.

"If something was really wrong with someone you loved, you wouldn't want them to turn to Dr. Google," says SurvivorNet CEO & Co-Founder Steve Alperin. "SurvivorNet started as a personal mission to give families 

like mine a better source for cancer information. With the help of our extraordinary partners in the cancer community, we are now helping millions of people get better information that can help save their lives or make their journey a little easier. With this new support from our investors, we are going to continue expanding our coverage across more cancer types and bring more of the country's leading experts to the people who need them."

Around 70 percent of Americans are treated at the ordinary cancer center, and the data is clear that patients don't respond well to treatments at these centers. There is a shocking 10 percent higher death rate for many types of cancer patients treated outside academic centers. SurvivorNet is working to address this gap by collaborating with several top cancer centers of the country to make their experts available to the millions of people who can't get to them but urgently need the information. At least dozens of the leading comprehensive cancer centers in the country have contributed to SurvivorNet, including Memorial Sloan Kettering, MD Anderson, Cleveland Clinic, Cedars Sinai, Stanford, and The Mayo Clinic.

"We believe that SurvivorNet could change the landscape for all participants in the healthcare industry, and we are excited about our involvement in the company's growth," says George Cadbury, Partner at Gatemore.

See Also :- Top Oncology Solution Companies

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