SketchyMedical Secures $30M Investment From TCG

SketchyMedical, a Los Angeles, CA-based online education company that teaches complex concepts through visual memory techniques, received a $30m majority-stake investment from TCG.

The investment will be used to scale company growth and establish an in-house studio for live content and animation for tackling new subjects.

The company intends to use the funds to scale growth, establish in-house studio, and accelerate expansion to new subjects.

Founded in 2013 by Saud Siddiqui, Andrew Berg, Bryan Lemieux, and Aaron Lemieux, SketchyMedical is an online education company that allows students to master complex concepts through informative video sketches that enhance visual memory. The company, which uses the memory palace technique to help fellow students retain the amount of information necessary for board exams and beyond, offers courses in microbiology, pharmacology, pathophysiology, biochemistry, internal medicine, surgery, pediatrics, and OB/GYN.

SketchyMedical offers tiered subscriptions that include a comprehensive set of video lessons, with complementary review cards and quiz questions. Each video depicts memorable scenes illustrated layer by layer, in real time, as the narrator guides students through a story to help with the memorization process.

Mike Kerns, Co-Founder and Partner at TCG, and Michaela Venuti, Vice President of TCG, will take positions on SketchyMedical’s Board of Directors.

FinSMEs

28/09/2020

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