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The platform enables sharing of medical cases and discussion through a HIPAA compliant system.
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In 2013, Figure 1 launched with $2 million (CDN) in seed money invested by Rho Canada Ventures and Version One Ventures. In 2015, the company added $5 million (USD) to its Series A financing round, which was invested by Union Square Ventures, bringing the total investment round to $9 million (USD).
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Figure 1 was developed as a platform to serve medical professionals and students by providing widespread access to information on medical cases and enable discussion among medical professionals.
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Information shared through the platform include graphic images and videos of signs and symptoms for various diseases.