OnlineMedEd, an Austin, TX-based healthcare training company, raisedd $20m in funding.
The round was led by Lumos Capital Group.
The company intends to use the funds to expand existing programs to health care professionals around the world.
Founded in 2014 by Jamie Fitch, CEO, OnlineMedEd is a digital healthcare learning platform used by aspiring physicians and healthcare professionals to gain the knowledge needed in everyday practice. Used by over 300,000 learners in 193 countries, the learning platform is built around a proven four-step process that includes priming with written material, acquiring knowledge through video, challenging concepts through questions and cases, and enforcing it through flashcards with spaced repetition. Its library is proprietary, created in partnership with world-leading universities, specialists, and laboratories.
In 2020, OnlineMedEd launched Crash Course, a suite of free online video tutorials that has helped over 30,000 redeployed healthcare professionals get up-to-speed on the clinical knowledge they need to provide critical care in today’s environment.
In addition to its core curriculum and the Crash Course, OnlineMedEd provides key learning modules including:
- CaseX – An immersive, online platform that provides learners real-life cases to apply and train clinical reasoning. It features interactive videos of real-life patients and is supplemented with test results, imaging and interactive media, and other case details.
- Nutrition – a program that provides all providers with practical knowledge and counseling tips to utilize food as medicine. Team-focused, it pairs knowledge with the importance of developing relationships between patients and providers. Nutrition has been made free to institutions to highlight the importance of preventive care.