- Leading health education platform company Osmosis recently raised a Series A round
- And Osmosis also passed one million YouTube subscribers and hit 500,000 registered users last month
Osmosis is a leading health education platform company that recently passed one million YouTube subscribers and hit 500,000 registered users last month. Recently, Osmosis announced it raised a Series A round of funding led by Felicis Ventures.
And Osmosis pointed out that there are more than 35 million more healthcare professionals that will have to be trained by 2030 to keep up with demand due to the aging population worldwide. There are massive predicted shortages across nurses, primary care physicians, and other fields. To fix this problem, Osmosis has already registered users in 100% of US, Canadian, Australian, and UK medical schools along with having confirmed users in more than 1,500 other health professional schools ranging from nursing, PA, dental, and pharmacy.
“By reimagining medical education, Osmosis is addressing a critical impending global crisis: the need to develop and retrain tens of millions of healthcare professionals over the next decade to meet growing demand. With Khan Academy DNA and a deep-rooted empathy for this field, we believe this team is building the next iconic company at the intersection of health and education,” said Aydin Senkut, founder and managing partner at Felicis Ventures.
This funding round includes follow-on investments from Greycroft, Coverys, FundRx, Figure 8, Social Starts, LearnStart, and new investment from SEI Ventures. And this round of funding will be used for further expanding Osmosis’ health content library of 1,300+ videos to reach more clinicians and caregivers. Plus the funding will be used for growing its partnerships from dozens to hundreds of institutions.
“When I think about talent, I think about people first. Shiv is a groundbreaking entrepreneur. Education as a whole, specifically medical education, needs to change to alleviate the financial burdens and massive debt that’s crushing young students across America. As these same students are digitally-native, they want convenient, cost-effective and personalized tools for learning, and Osmosis provides exactly that,” said Alan Patricof, Founder and Managing Director of Greycroft.
Osmosis has a goal of educating more than a billion clinicians and caregivers by 2025 through its video library and learning platform. And this goal includes the sustained growth of their Care for Caregivers initiative — which aims to improve the lives of caregivers and destigmatize mental illness in the medical industry. Plus the Osmosis Around the World initiative allows users to see who else in the world is learning through the platform.
“We are thrilled to have the support of incredible investors like Aydin and Alan as we build the most efficient and scalable learning platform for current and future health professionals,” said co-founder and CEO, Shiv Gaglani. “It’s particularly meaningful that this investment came as we crossed our first million subscribers on YouTube and are preparing to launch the Osmosis nursing and physician assistant offerings. We’ll be able to use the funds to increase our reach within our core health professional student markets as well as expand into related allied health fields.”