Canopy, a leading provider of connected safety solutions for healthcare and high-risk work environments, has secured $22 million in Series B funding led by Edison Partners. The round will accelerate product development, expand into new verticals, and scale deployment of its real-time staff safety and location intelligence platform across hospitals, senior living, and other mission-critical facilities.
Glimpse:
Announced January 9, 2026, the $22M Series B brings Canopy’s total funding to over $40M. The platform combines wearable duress buttons, real-time location services (RTLS), AI-driven incident detection, and mobile apps to enable instant emergency response, lone worker protection, and operational insights. With strong traction in healthcare (hospitals, clinics, senior care), Canopy aims to become the standard for connected staff safety in the U.S. and internationally.
Canopy, the San Francisco-based startup behind one of the fastest-growing staff safety platforms in healthcare, has closed a $22 million Series B funding round led by Edison Partners. The investment, which includes participation from existing investors, will fuel aggressive product expansion, geographic growth, and deeper penetration into acute care, long-term care, behavioral health, and other high-risk verticals.
Canopy’s core platform delivers:
Wearable duress buttons (discreet, panic-activated alerts)
Real-time location intelligence (RTLS) to pinpoint staff location during emergencies
AI-powered incident detection (e.g., falls, aggressive behavior, prolonged immobility)
Mobile app for staff to request help, check in, and document safety events
Centralized command dashboard for security teams and leadership
The system has proven particularly valuable in hospitals and senior living facilities, where staff (especially nurses, aides, and therapists) often work alone or in vulnerable situations. Early customers report 30–50% faster emergency response times, reduced staff turnover due to improved safety perception, and better incident documentation for risk management.
CEO & Co-founder Niraj Shah stated: “Healthcare workers face real risks every day. Our mission is to give them the same level of protection and peace of mind that other high-risk professions have long enjoyed. This funding allows us to scale rapidly and continue innovating.”
The company will use the capital to:
Expand engineering and product teams
Accelerate integrations with hospital EHRs, nurse call systems, and access control platforms
Launch new hardware (e.g., next-gen wearables) and software features (predictive risk analytics)
Enter adjacent markets (behavioral health, home care, corrections)
Edison Partners, known for backing mission-critical enterprise SaaS companies, highlighted Canopy’s strong recurring revenue model, high retention, and proven ROI for customers.
This round comes at a time when workplace violence in healthcare has reached crisis levelshospitals report assault rates 4–5× higher than other industries—making staff safety a top strategic priority for health systems nationwide.
“Healthcare workers are the backbone of our system. Giving them real-time protection and peace of mind is not just a feature it’s a moral imperative.”
By
HB Team
