US-based health engagement platform developer mPulse Mobile has raised $11m in a series B round featuring corporate venturing vehicle Echo Health Ventures.
Echo Health, a joint venture formed by healthcare provider Cambia Health and health insurer Blue Cross and Blue Shield of North Carolina, was joined by SJF Ventures, which led the round, HLM Venture Partners, OCA Ventures and Bonfire Ventures.
Founded in 2014, mPulse has developed a machine learning-powered app that enables care providers to provide personalised guidance and support to patients through their smartphones.
The platform utilises automated text message-based conversations with users and generates its responses using demographic, psychographic and patient-generated data.
The funding will go to growth initiatives including acquisitions, as well as investments in mPulse’s underlying data science and AI technologies. Cody Nystrom, managing director of SJF Ventures, will join the company’s board of directors.
Cambia Health had previously joined HLM Venture Partners, Rincon Venture Partners, OCA Ventures, Merrick Ventures and Jumpstart Ventures for mPulse’s $13m series A round in April 2016.
The latter three had already contributed to a $1.7m bridge round for mPulse in 2015 that included unnamed additional investors. The company has now raised more than $25m altogether, it said this week.