Figure 1 (figure1.com) is the Toronto-based case sharing network for healthcare professionals that the Wall Street Journal has called "medicine's instagram". The app allows medical professionals to share images (such as x-rays) virtually, in real time while ensuring that the images contain no patient health information.
After taking on a $5m Series A investment (lead by New York's Union Square Ventures), Figure 1 needed to put its cash to work to achieve global scale. Requiring assistance to deal with regulatory concerns at a global level, Figure 1 engaged Support Legal to coordinate a market entry review for the Middle East. We leveraged our deep contact base throughout the countries in question to deliver a thorough review of legal and regulatory issues for Figure 1 – all for a fixed fee.
"It was a pleasure working with Support Legal. Heading up the legal function of a business that is experiencing rapid growth, I rely on the advice of the external lawyers we use. Support Legal coordinated and managed a legal and regulatory review efficiently and effectively. And by agreeing to fix their fee up front, we were given the comfort of budget certainty for the work".
Aliya Ramji, General Counsel