June Health Secures C$2.4M to Advance Women's Healthcare

In a clear vote of confidence for advancing women’s healthcare innovation in the future, June Health has managed to close its C$2.4M fundraising round amid significant oversubscription.

Canadian health platform, June Health that offers women’s health solutions to employers and strategic partners has received support from Securian Canada, a prominent insurer that has decided to invest in the firm strategically.

As a next generation women's health ecosystem, the platform brings together a series of healthcare tools and services powered by Artificial Intelligence that enable users to receive the necessary support when they need it. The platform is designed to offer users a diverse and complete range of services, including fertility, sexual and hormonal health, mental health, chronic disease management, preventive health, parenting, and menopause solutions.

A series of experienced and credible doctors, nurse practitioners, psychotherapists, nutritionists, naturopaths, parenting experts, and women's health experts enriches the platform's solution ability in a scalable and tech-driven model.

Key Highlights:

• June Health raises C$2.4M in an oversubscribed funding round
• Securian Canada joins as strategic investor in women’s health platform
• Funding to accelerate AI innovation, partnerships, and care expansion

Noting the increasing demand for innovations in the field of healthcare, founder and Chief Executive Officer Lori Casselman pointed out that women’s healthcare has been one of the most neglected aspects of the healthcare system despite having a considerable effect on the wellbeing of employees. It is time to change this narrative.

According to Lori “Women’s health has been underserved, underfunded and unnecessarily difficult to navigate for far too long.” “We believe women’s healthcare will become a core component of the next generation of employee benefits.”

She mentioned that women have traditionally struggled to receive coordinated and specialized services and that June Health was built to address these challenges. She further pointed out that women’s healthcare is about to become an essential component of modern-day employee benefits.

June Health’s mission is to improve coordination of healthcare and deliverance process offering a better experience for patients through connection with the right resources at every step of the healthcare process. Using partnerships with employers, insurance providers, benefit providers, and affinity groups, the health platform is creating a sustainable ecosystem that improves access to healthcare while increasing access, engagement and coordination. This endorsement from a leading insurance firm underscores the increasing role of technology-driven women’s health in the context of benefits and insurance.

According to Nigel Branker, Chief Executive Officer of Securian Canada, the focus of June Health on making healthcare more accessible for everyone was consistent with the goal of Securian Canada to remove barriers from the healthcare sector.

The funding will help June Health develop its artificial intelligence technology further and build strategic relationships with employers and insurance providers. Some of the investors that have participated in the latest fundraising include AgeTech Capital and some of Canada’s technology entrepreneurs, such as Mike and Dave Wessinger of PointClickCare and Michael Garrity of Financeit.

June Health is known for combining quality clinical services, psychological services, holistic services, and family support all under one platform. The services are provided by professionals who work together and accompany you through your healthcare journey.