Canopie provides personalized virtual maternal mental health care including one-on-one behavioral health assessments, care management, on-demand therapeutic programs, and clinician-led virtual classes. Its core on-demand program was developed by perinatal clinical psychologists, physicians, researchers, and new moms and is underpinned by seven meta-analyses and 50 randomized controlled trials. In a recent case study with GuideWell (parent company of Florida Blue), 89% of members engaged in Canopie’s core program, 100% of program completers reported improved mood, and 79% of surveyed members attributed Canopie to increased care-seeking; Black, Latina, and resource-constrained moms were the highest engagers. The company plans to use new funding to expand personalized, insurance-covered virtual mental health care and to address social drivers of health for moms across all risk levels. Canopie is led by Founder and CEO Anne Wanlund and is based in Falls Church, Virginia. The company recently raised a $3.7M Seed round to support that expansion. Canopie delivers evidence-based, automated and personalized mental-health programs tailored to expecting and new mothers. The mobile app builds customized 12-day programs with short audio sessions, mood monitoring, and peer stories to reduce stigma and address barriers like scheduling, time, and cost. The company offers two product lines—prevention/treatment for expecting mothers and one for new mothers—and sells primarily to health plans, integrated delivery networks, and self-insured employers. Services include HIPAA-compliant depression screenings (reimbursable through existing CMS codes), cost-effective customized treatment at a fraction of face-to-face therapy, and referral pathways to mental-health providers. Canopie cites randomized controlled trials and a 2021 study in which 79% of users with depressive symptoms experienced a clinically significant improvement. The company plans to use the VIPC investment to secure early customers in healthcare delivery and validate product readiness for larger-scale deployment.

Total raised

$4M

Funding rounds

2

Latest round

Seed

Latest activity

Sep 2024