The funding will fuel the national expansion of its leading integrated health platform built for the 20 million Canadian women who are or will be navigating menopause and midlife longevity.
MONTREAL–(BUSINESS WIRE)–Today, Coral, the category-defining virtual clinic for midlife women, announced an additional $4 million CAD acceleration round, only one year after its launch. This brings its total capital raised to over $8 million. This investment fuels Coral’s mission to optimize and elevate the health of 50% of Canada’s population by integrating hormonal health, metabolic wellness and weight management.
The investment follows breakthrough clinical data from the platform, revealing substantial patient outcomes: 80% of members report significantly improved mental well-being and over 70% see an important reduction in perimenopause and menopause symptoms within just 90 days.
“For too long, menopause has been addressed as a series of isolated symptoms rather than a complex metabolic and hormonal transition,” said Fiona Lake Waslander, CEO and Cofounder, Coral. “Unlike fragmented, prescription-led telehealth services for women that focus only on symptoms, Coral delivers an integrated clinical model designed to combine lifestyle and medical interventions, to help women optimize their health for the long term and truly thrive.”
The funding round was led by Brightspark, Diagram, AQC Capital and Anges Quebec and The51, with additional support from a strategic group of angel investors. Coral will use the new capital infusion to accelerate its growth nationally, expand its clinical teams, and continue building its unique platform’s AI capabilities.
“We have seen firsthand the speed at which Coral has moved from concept to a clinical reality that is already changing lives across Canada,” said Sophie Forest, Partner at Brightspark. “Coral is building a scalable infrastructure for women’s health: a truly integrated, data-driven clinical approach. At Brightspark, our mission is defined by supporting exceptional repeat founders as they build category-leading companies, and Coral is exactly on that trajectory. We are proud to double down on this team as they establish the national and global standard for women’s midlife health and longevity.”
“Coral is the Canadian brand defining this moment in women’s longevity,” said Anna Chif, Co-Founder and Executive Chairwoman. “This investment will accelerate our growth and fulfill our mission to expand our comprehensive approach into a national standard that empowers women to thrive in their prime years. We aren’t just building a platform; we are closing the $37 billion Canadian economic gap and the 540,000 workdays lost annually by unmanaged women’s health.”
About Coral Coral is a leading Canadian virtual healthcare platform dedicated to women navigating perimenopause, menopause, and midlife health. By integrating medical expertise with advanced technology and health coaching, Coral provides a personalized, evidence-based roadmap for menopause symptom management, weight loss and health longevity. Founded in 2024 by repeat entrepreneurs, Coral is on a mission to empower women to live their healthiest lives in their prime years and beyond. Visit coral.ca.
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