This week, Canopie raised $3.7 million in its seed round, which was co-led by Beta Boom and Aeroflow Health, said in a press release. The startup, dedicated to prevention-focused maternal health, also raised funds from Sorenson Institute, Luminary Impact Fund, Symphonic Capital, Techstars, and a family office.
The company plans to use the capital to expand it’s personalized, virtual mental healthcare options, as well as help address social drivers of health (SDoH) for all mothers.
“I feel so proud. We have a lot of momentum to deepen our impact while expanding the services we provide,” Anne Wanlund, Founder and CEO of Canopie. “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.”
The Canopie app is designed to provide to-be mothers with one-on-one behavioral assessments, care management, on-demand programs, and clinician-led virtual classes. It also screens and engages expecting mothers by providing insights in real time.
“Anne is a brilliant and empathetic leader whom people want to follow,” Kimmy Paluch, Managing Partner at Beta Boom, commented. “They are drawn to her not only for her vision but because she cares deeply for her team and the patients she is helping through Canopie.”
The programs were designed to provide all moms with on-demand therapeutic resources. Canopie relied on a team of perinatal clinical psychologists, physicians, researchers, and new moms to make their product as accessible and credible as possible. Its programs are underpinned by seven meta-analyses and 50 randomized control trials.
In a recent case study, they found that 89% of Canopie’s members engaged in core programs. Of the mothers who completed the program, 100% reported improved mood and 79% attributed Canopie to increased care-seeking behaviors—with Black, Latina, and resource-constrained moms benefiting the most.
“What drew me to Canopie was Anne’s passion to ‘bring joy to the journey’ and her ‘failure is not an option’s level of commitment in the pursuit of patient-centric solutions,” said President of Aeroflow and Canopie Board Member Scott Sonnone. “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.”