Canopie: Prevention-Focused Maternal Health Company Raises $3.7 Million (Seed)

By Amit Chowdhry • Sep 23, 2024

Canopie—a prevention-focused maternal health company—announced it has raised a $3.7 million seed funding round, co-led by Beta Boom and Aeroflow Health. Additional investors include the Sorenson Institute, Luminary Impact Fund, Symphonic Capital, Techstars, and a family office. These funds will be used to expand personalized, virtual mental health care covered by insurance and address social drivers of health (SDoH) for moms across all levels of risk in the US.

Canopie’s platform offers one-on-one behavioral health assessments, care management, on-demand programs, and clinician-led virtual classes. Canopie screens and engages expecting mothers early and provides insights to care partners in real-time to improve health outcomes.

Canopie’s core on-demand therapeutic program was created by perinatal clinical psychologists, physicians, researchers, and new moms and is underpinned by 7 meta-analyses and 50 randomized control trials.

KEY QUOTES:

“I feel so proud. We have a lot of momentum to deepen our impact while expanding the services we provide. Our focus has been on prevention because it’s the right thing to do – most maternal mental health conditions, and maternal health complications, are preventable. And we are seeing progress around how these challenges are being prioritized and paid for by our healthcare partners.”

-Anne Wanlund, Founder and CEO of Canopie

“Anne is a brilliant and empathetic leader who people want to follow. They are drawn to her, not only for her vision, but because she cares deeply for her team and the patients that she is helping through Canopie.”

-Kimmy Paluch, Managing Partner at Beta Boom

“What drew me to Canopie was Anne’s passion to ‘bring joy to the journey’ and her ‘failure is not an option’ level of commitment in the pursuit of patient-centric solutions. The synergies between our companies present a unique opportunity to genuinely impact maternal health on a population level and give me so much faith in Canopie’s ability to grow and succeed.”

-President of Aeroflow and Canopie Board Member Scott Sonnone