Dialogue Raises $40M

Virtual healthcare platform Dialogue announced a $40m Series B round led by Caisse de dépôt et placement du Québec (CDPQ) and Holtzbrinck Ventures. Also participating in the financing round were First Ascent Ventures, Portag3 Ventures, White Star Capital, Walter Capital and National Bank of Canada.

Founded in 2016, Dialogue enables companies’ employees and their family members to contact healthcare professionals through a mobile or web app. The company now has over 400 clients including National Bank, Lightspeed, Industrial Alliance, Air Canada Vacations, Stingray, Cirque du Soleil, Hopper, and SSQ Insurance. In addition to its service offering for companies, Dialogue also provides its platform, which facilitates and increases the accuracy of triage through the use of AI, to hospitals. A pilot project is underway with the Centre hospitalier de l’Université de Montréal (CHUM) and the technology will soon be deployed at the Hospital Berlin-Buch to support triage in its emergency rooms.

“We are privileged to have the backing of a quality institution such as CDPQ. 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. None of this would be possible without the significant contribution of all the other partners involved in this round of financing, whom I sincerely thank.” – Dialogue’s cofounder and CEO Cherif Habib.

“This transaction aligns well with our Québec investment strategy. In addition to supporting the company’s expansion into new international markets, CDPQ is again supporting an innovative, new economy company that integrates artificial intelligence into its business solutions to enhance its performance. This is an investment by our Fonds CDPQ-IA, announced this winter, which focuses on accelerating the commercialization of Québec artificial intelligence solutions.” – Thomas Birch , Managing director, Venture capital and Technologies at CDPQ.