Canada-based on-demand online healthcare platform operator Dialogue has completed a C$40m ($29.8m) funding round featuring financial services firm National Bank of Canada.
Venture capital firm Holtzbrinck Ventures and pension fund Caisse de dépôt et placement du Québec co-led the round, which included Portag3 Ventures, an investment vehicle formed by financial conglomerate Power Corporation, as well as First Ascent Ventures, White Star Capital and Walter Capital.
Founded in 2016, Dialogue has built an artificial intelligence-powered platform that enables employees and their families to contact nurses, physicians, nutritionists and psychologists online. It will provide the product to hospitals having begun a pilot project with teaching hospital Centre hospitalier de l’Université de Montréal (CHUM).
Companies such as National Bank of Canada, insurer Industrial Alliance, online travel agency Air Canada Vacations, theatrical producer Cirque du Soleil and professional services firm WSP use the platform as part of their employees’ benefits programs.
Cherif Habib, Dialogue’s co-founder and chief executive, said: “This new financing from our partners will help push our company to new heights by consolidating our Canadian expansion and continuing to grow in Europe.”
White Star Capital led the company’s $12m series A round in February 2018, investing alongside National Bank of Canada, Holtzbrinck Ventures, Portag3 Ventures and Walter Capital.
Dialogue had raised $4m in an early 2017 seed round led by investment firm and incubator Diagram Ventures that also featured BDC Capital, Hacking Health Accelerator and a group of undisclosed private investors.