Edocate

Company Overview

Snapshot

Founded in September 2016 by Jonathan Lorber and Igal Iancu, Edocate operates with 11–50 employees. The company has raised $3 million across one funding round from 3 investors, with Hanaco Ventures as a lead investor. In April 2021, Edocate secured $3 million to advance its virtual patient simulation platform.

Business overview

Edocate provides a platform that engages healthcare professionals (HCPs) with medical content through realistic, gamified patient simulation cases. Its core technology enables customers to create unique virtual patient cases across various therapeutic areas, with a focus on chronic patient management. The platform serves the healthcare industry by offering insights into HCP decision-making, clinical gaps, variability in care, prescription patterns, guideline compliance, and patient outcomes, operating within the Digital Health and Medical Technologies sector.

Strategic signal

In April 2021, Edocate successfully raised $3 million to further develop its virtual patient simulation platform. This funding signals investor confidence in the company's approach to enhancing healthcare professional engagement and training through gamified, realistic scenarios, indicating a strong potential for market expansion and product innovation in the digital health and medical education sectors.

Company Intelligence Q&A

When was Edocate founded?

Edocate was founded in September 2016.

Who are the founders of Edocate?

Edocate was founded by Jonathan Lorber and Igal Iancu.

What is Edocate's primary business model?

Edocate operates with a B2B2C business model.

How much capital has Edocate raised to date?

Edocate has raised $3 million in total funding.

What was a significant funding event for Edocate?

In April 2021, Edocate raised $3 million to advance its virtual patient simulation platform. This Seed round included investment from Hanaco Ventures.