Industry Bulletins | August 6, 2020
Sun Life Invests $32.7 Million In Telehealth Startup, Dialogue
On July 29, 2020, Sun Life announced it invested $32.7 million in Dialogue, a Canadian telemedicine provider organization. Sun Life will hold a minority ownership in Dialogue with rights to acquire additional equity.
The investment took place during a financing round that raised $43 million for Dialogue. Other investors are existing backers Caisse de dépôt et placement du Québec (CDPQ), Portag3 Ventures, White Star Capital, HV Holtzbrinck Ventures, First Ascent Ventures, and Walter Ventures.
Dialogue was founded in the spring of 2016. It provides telemedicine services in Canada.
Sun Life is an international financial services organization . . .