Canopie Raised $3.7M Seed Funding to Expand Preventive Mental Health Care for New Moms

Canopie Raised $3.7M Seed Funding to Expand Preventive Mental Health Care for New Moms

Canopie, a maternal health company focused on prevention, has raised $3.7 million in its Seed Round, co-led by Beta Boom and Aeroflow Health, a strategic partner. Additional investors include the Sorenson Institute, Luminary Impact Fund, Symphonic Capital, Techstars, and a family office. The funds will support Canopie’s mission to expand access to personalized, virtual mental health care for new mothers across the U.S., particularly for those covered by insurance and facing various levels of risk.

Founded by Anne Wanlund, Canopie aims to address maternal mental health issues through preventive care. The company’s platform offers one-on-one behavioral health assessments, care management, on-demand therapeutic programs, and clinician-led virtual classes. Canopie screens mothers early in pregnancy and engages them with real-time insights to improve health outcomes.

“I feel so proud. We have a lot of momentum to deepen our impact while expanding the services we provide,” said Wanlund. “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 in how these challenges are being prioritized and paid for by our healthcare partners.”

Canopie’s core program, developed by perinatal clinical psychologists, physicians, researchers, and new moms, is based on seven meta-analyses and 50 randomized control trials. A recent case study with GuideWell, parent company of Florida Blue, showed impressive results: 89% of members engaged in the program, 100% of program completers reported improved mood, and 79% credited Canopie with increasing care-seeking behaviors. Black, Latina, and resource-constrained mothers were the highest engagers and reported the most benefit.

Kimmy Paluch, Managing Partner at Beta Boom, praised Wanlund’s leadership, stating, “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 she helps through Canopie.”

Aeroflow Health President and Canopie Board Member Scott Sonnone expressed confidence in Canopie’s ability to scale: “The synergies between our companies present a unique opportunity to impact maternal health on a population level, and I have great faith in Canopie’s ability to grow and succeed.”

With this funding, Canopie is positioned to continue its efforts in providing preventive care and addressing social drivers of health (SDoH) for mothers across the United States, aiming to improve maternal mental health outcomes and drive systemic change in healthcare.

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  • Mubarak Hossain

    Mubarak Hossain is a digital entrepreneur and tech reporter at TechMub. He covers tech, startups, and business news. If you have a story to share reach me out at mubarak@techmub.com.

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