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The Venture Codex

Merrick Ventures

400 Clematis St. Suite 208, West Palm Beach, FL, 33401, United States

Overview

Merrick Ventures is a Florida based PE fund focused on Artificial Intelligence and Healthcare Technology Companies

Total investments
7
Lead investments
0
Investments · 12mo
1
Active investors
0

Sector focus

  • Finance
  • Information Technology
  • Online Portals
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Investment portfolio

  • Bobyard

    Participated · Series A · Dec 2025

    Bobyard develops proprietary computer-vision technology that interprets construction blueprints and automates up to 70% of the quantity and material takeoff process, the most time-consuming step in pre-construction. Contractors using the platform report an average 65% reduction in takeoff times and the ability to submit three to five times more bids per estimator, directly boosting win rates and margins. Starting with the complex landscaping trade, Bobyard has become the preferred tool for leading U.S. commercial contractors, with one customer attributing roughly $350,000 in new work to the software. Founded in 2023 by Stanford-trained engineer and mathematician Michael Ding, the San Francisco-based team includes computer-vision engineers from institutions such as Stanford, Princeton, Berkeley, and Virginia Tech. The company plans to deepen its landscaping capabilities while expanding into drywall, electrical, HVAC, plumbing, and framing. New capital will also fund growth in engineering and go-to-market teams. Although the article does not disclose revenue figures, Bobyard’s adoption metrics illustrate early traction in a vast construction technology market.

  • mPulse Mobile

    Participated · Series A · Jan 2016

    mPulse Mobile provides conversational AI and tailored digital health engagement, combining a healthcare conversational platform with streaming health education to nurture, educate, and activate consumers. The company reports more than a decade of experience, 150+ healthcare customers and roughly 500 million conversations annually. After acquiring HealthCrowd, mPulse says its combined reach supports over 100 million patients and health plan members and expands capabilities in Medicaid and hard-to-reach populations. HealthCrowd serves four out of five of the country’s top managed care organizations and manages lives in 34+ states, bringing complementary communications platform expertise. The company plans to use new funding to accelerate go-to-market expansion, enable product innovation, and pursue organic and inorganic growth. Financial terms of the transactions were not disclosed, though PSG became the majority shareholder. mPulse Mobile provides conversational AI solutions for healthcare that combine behavioral science, analytics and industry expertise to drive healthy behaviors. Led by CEO Chris Nicholson, the company enables healthcare organizations to activate their consumers and improve engagement. It serves more than 100 healthcare customers and powers over 300 million conversations annually. mPulse plans to use recent funding to expand its consumer conversational AI capabilities, enhance its client engagement analytics platform and broaden engagement solutions across healthcare verticals. The company recently closed a Series C round of more than $16M. mPulse Mobile provides mobile solutions for the healthcare industry designed to engage and activate consumers through tailored mobile dialogues. The company launched its Activation Intelligence product, which leverages demographic, psychographic and patient-generated data to dynamically profile users and deliver individualized mobile dialogues. Activation Intelligence is already in production in an Integrated Delivery Network diabetes self-management study covering a diverse population of more than 8,000 patients and automating tens of thousands of tailored mobile dialogues; study results will be published later this year. mPulse added 26 new clients and partners across multiple healthcare segments, including Cambia Health Solutions, Magellan Health, CityMD, Premera Blue Cross, Catasys, Docent Health and Healthx. The company intends to use the funds for market growth through strategic acquisitions and further investment in data science and artificial intelligence technology solutions. Led by co-founder and CEO Chris Nicholson, mPulse has raised a total of more than $25M to date following the Series B. mPulse Mobile spun out of secure mobile messaging company mobileStorm about a year ago to focus on the healthcare sector, which was mobileStorm's fastest-growing area. Its core product is a secure messaging platform that can send SMS, power a secure website messaging service, or be integrated into a healthcare organization’s existing app. The company serves payers, pharmacies, providers, and medical device companies and says its customer base exceeds 50 healthcare organizations. mPulse is working with Inland Empire Health Plan to engage Medi‑Cal beneficiaries and is launching pilots with other Medi‑Cal plans. Management describes communicating with hard-to-reach populations and engaging them in their health as a core company strategy. The company’s total funding has reached just over $14 million following its most recent investment. mPulse Mobile provides mobile engagement solutions for health plans, providers, and pharmaceutical companies, focusing on two-way secure messaging and consumer outreach. Its platform targets missed appointments, medication adherence, and gaps in care to improve outcomes and lower costs. The company reports more than 50 U.S. health plan, provider, and pharmaceutical clients. mPulse was granted a U.S. patent for its secure mobile messaging solution. Financially, it has raised over $13M in venture funding to date and closed an oversubscribed Series A. The company plans to hire roughly 20 team members across tech, behavioral science and analytics, account management, and sales and marketing.

  • MPulse

    Participated · Series A · Jan 2016

    mPulse is a Los Angeles-based developer of mobile software designed to help health plans better communicate with their clients. Its platform is used by health plans and pharmaceutical companies. Named customers include Inland Empire Health Plan (IEHP) and Kaiser. The company is led by Chris Nicholson. In January 2016 mPulse raised $10M in a Series A funding round. The financing underscores commercial adoption by payers and life-sciences customers.

  • Eved

    Participated · Equity · Dec 2015

    Eved is a Chicago, IL-based event commerce company that provides a collaborative procurement platform and marketplace for events. Its platform integrates with existing systems to streamline payment, enforce compliance, and capture event spend data. The company is led by Talia Mashiach, CEO, Founder & Product Architect, and serves clients and partners including Dell, Eli Lilly and Company, and BCD Meetings & Events. In December 2015 Eved raised $14.3m to accelerate sales, support its clients and partners, and increase hiring. The round was led by Huizenga Capital Management with participation from MK Capital, Pritzker Group Venture Capital and Merrick Ventures. In conjunction with the funding, Sean Chou (former CTO for Fieldglass) and David Bradley (The Huizenga family) joined Eved’s Board of Directors. Founded in 2010 and based in Chicago, Eved operates an online marketplace for the meeting and events industry. Its proprietary platform offers sourcing, marketing and e-commerce tools that let buyers find suppliers, send and track RFPs, and manage supplier networks. Suppliers can use Eved to expand their businesses online, meet buyer demand for lower pricing, and maintain margins; companies can also buy directly from suppliers and track purchases via e-invoices. The company targets the $263 billion meeting and event industry and now has over 2,500 users across organizations, third-party meeting and incentive companies, event planners, destination management companies, hotels, venues and suppliers. Partners say the platform reduces manual labor and can lower costs—New World Ventures' Matt McCall estimates savings of as much as 25%. Eved plans to use new funding to scale and expand its proprietary platform.

  • Bolstr

    Participated · Seed · Feb 2015

    Bolstr operates an online marketplace where consumer, retail and manufacturing businesses can access growth capital from accredited investors. Founded by Charlie Tribbett and Larry Baker, the platform enables small businesses to raise $25k–$500k from a pool of accredited investors. Capital is provided through an innovative revenue-share structure that lets business owners maintain 100% equity ownership. Each monthly payment back to investors is sized by a set percentage of gross sales, and each loan is variable. The company advertises no prepayment penalties on its financings. The service targets businesses seeking non-dilutive, sales-linked funding.

Team

No current team members are available.