Aeroflow Health of Asheville launches new venture fund
Aeroflow Ventures co-led a $3.7 million dollar seed round for Canopie.
Aeroflow Health, an Asheville-based pioneering healthcare company that leverages cutting-edge technology to support the delivery of medical products and services, has announced the launch of its venture capital arm, Aeroflow Ventures, to invest in health tech solutions that increase access to care and improve quality of life.
According to the announcement, Aeroflow Ventures’ first investment involved co-leading a $3.7 million seed round for Canopie, a digital, prevention-focused maternal health start-up developed by leading perinatal clinical psychologists, physicians, researchers, and new mothers. Led by Chief Executive Officer (CEO) Anne Wanlund, Canopie provides personalized, evidence-based, preventive care to expecting and new mothers across the U.S. every month.
“The launch of Aeroflow Ventures underscores our commitment to delivering patient-centric care while leveraging our entrepreneurial spirit and know-how to create synergistic opportunities for the organization,” said Casey Hite, CEO of Aeroflow Health. “We recognize there are companies in the market like Canopie that are advancing overall patient health that, when matched with Aeroflow’s vast market and brand reach, will provide immense benefit to our patients. This partnership is based on the mutual vision for creating transformative experiences in the journey to motherhood and facilitating access to solutions that deliver the best outcomes.”
Aeroflow Ventures is led by Aeroflow President Scott Sonnone. The venture arm was created to capitalize on Aeroflow’s core competencies by deploying resources in opportunities that benefit from more than simply capital. The partnership with Canopie illustrates Aeroflow’s synergy-driven approach to investing, as Aeroflow Breastpumps serve 40 percent of new moms in America, half of whom occupy what is referred to as “maternal care deserts,” or counties in the U.S. that lack maternal health resources. This broad reach provides companies like Canopie with valuable market access, while patients benefit from new forms of care and expanded levels of service.
Aeroflow Health was founded in 2001.
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