Level Ex, a Chicago-based creator of a professional video game for physicians, raised $11m in Series A round of financing.
The round was led by 4490 Ventures, with participation from Jazz Venture Partners, Pritzker Group Venture Capital and additional investors.
The company will use the funds to:
– expand its suite of mobile apps, virtual reality (VR) and augmented reality (AR) experiences in several new specialties, including gastroenterology and cardiology,
– scale up their game development, medical and marketing teams, and
– open a new Boston office to service the company’s pharmaceutical and medical device partnerships on the east coast.
Led by Sam Glassenberg, Founder and CEO, Level Ex is a medical technology company creating professional video games for physicians. The company’s mobile app, VR and AR experiences present scenarios to diagnose and perform procedures on life-like virtual patients to advance decision-making skills with real patients.
The mobile apps, Airway Ex and Gastro Ex, offering CME credits, are available free for iPhone and iPad in the App Store and for Android ™ devices in the Google Play ™ store.
The company has already secured significant partnerships within the industry, including Baxter and Takeda Pharmaceuticals as well as top medical societies.