Coral, a women’s digital health startup, has secured $4.1 million (CAD) from a seed funding round for its new virtual care platform centered on women navigating perimenopause and menopause.
Brightspark led the round, which included participation from Diagram, The51 and angel investors.
“Women navigating menopause should live their best years,” Coral co-founder and chairwoman Anna Chif said. “Yet, far too many of us unnecessarily struggle with health issues. We offer effective solutions for women to achieve optimal health by leveraging the latest validated research and best practices.”
Chif is no stranger to the preventative health space, having co-founded Dialogue, a Canadian telemedicine provider that went public in 2021 before being acquired by Sunlife Financial in 2023.
“Women navigating menopause should live their best years. Yet, far too many of us unnecessarily struggle with health issues,” Chif added. “We offer effective solutions for women to achieve optimal health by leveraging the latest validated research and best practices.”
The new platform offers women health assessments such as at-home blood testing, body composition scan analysis, in-depth health questionnaires, personalized care plans supported by medical experts, and integrated support, including access to prescriptions when necessary and lifestyle guidance.
“Coral aims to solve the health impact of menopause symptoms by empowering women with accessible, personalized care,” Coral co-founder and CEO Fiona Lake Waslander said. “It integrates a medical-first approach with lifestyle behavior change support, all delivered through leading-edge technology. Our digitally-powered platform and seamless experience ensures our members feel supported and thrive during their menopause journey and beyond.”
Sophie Forest, partner at Brightspark Ventures, noted that the firm is proud to back the Coral team.
“Women’s digital health has long been underserved, and Coral is set to redefine care, improve millions of lives, and seize a massive opportunity,” Forest added.
Elsewhere in the industry, perimenopause and menopause-related programs have been recently added to Equinox Hotels and Canyon Ranch, signaling a growing trend.
