Canopie Raises $3.7M in Seed Round to Expand Maternal Mental Health Care
Canopie, a maternal health company, has raised $3.7 million in its Seed Round, co-led by Beta Boom and Aeroflow Health. This new round of funding will enhance Canopie’s personalized virtual mental health services for new mothers across the U.S., focusing on addressing social drivers of health (SDoH).
Other investors in this Seed Round of Conopie include Sorenson Institute, Luminary Impact Fund, Symphonic Capital, Techstars, and a family office.
Founder and CEO of Canopie Anne Wanlund emphasized Canopie’s commitment to prevention, noting that many maternal mental health conditions are preventable in new moms by saying:
"I feel so proud. We have a lot of momentum to deepen our impact while expanding the services we provide,"
She further added: "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."
The platform offers behavioral health assessments, care management, on-demand programs, and clinician-led virtual classes. It also provides real-time insights to healthcare partners to improve maternal health outcomes.
"Anne is a brilliant and empathetic leader who people want to follow," said Kimmy Paluch, Managing Partner at Beta Boom.
Canopie’s core program, developed by top clinical psychologists and supported by extensive research, has shown positive results in various tests.
- In a case study with GuideWell, 89% of members engaged with the platform, and 100% of program completers reported improved mood.
Black, Latina, and resource-constrained mothers were the highest engaged in the program.
Scott Sonnone, President of Aeroflow, praised Wanlund’s dedication, noting the partnership’s potential to impact maternal health on a population level.
