Picmonic operates a visual learning platform where users create, share and explore audiovisual study cards called Picmonics (pictorial mnemonics). The platform targets medical and nursing education and incorporates humor and memorable graphics to boost memorization and long-term recall. Picmonic plans to expand market penetration beyond its current student base and extend into new student disciplines. The company is developing a user authoring toolset so all users can create Picmonics and will roll out several mobile enhancements. Financially, Picmonic has raised $5 million in total since its founding in 2011 and closed a $2.3 million round to fund product and team growth. Operating metrics disclosed include 100,000+ medical and nursing student users, presence in roughly 1,000 medical and nursing schools, and a Tempe/Phoenix-area team of more than 30 employees. Picmonic operates a visual learning community where users create, share and explore audiovisual study cards called Picmonics, which use pictorial mnemonics. The platform focuses on medical, nursing and pre-health learners and serves more than 500 U.S. and international schools. Led by CEO and co-founder Ron Robertson, the company centers its content on improving study retention through visual mnemonic devices. Picmonic plans to use its recent financing to accelerate expansion into new learning markets and to support release of a native mobile application. Financially, the company has raised $2.6M to date and closed a $1.25M convertible note in the most recent round. The company is based in Temple, Arizona.

Total raised

$4M

Funding rounds

2

Latest round

Equity

Latest activity

Oct 2015