Securian Canada has taken a strategic stake in June Health, a Canadian AI platform addressing gaps in women's health navigation for employers
Toronto-based women’s healthcare platform June Health closed an oversubscribed $2.4 million financing round on June 18, 2026.
Securian Canada joined as a strategic institutional investor, alongside AgeTech Capital and technology founders Dave and Mike Wessinger of PointClickCare and Michael Garrity of Financeit.
Securian Canada is a Toronto-headquartered insurance provider with more than 70 years in the Canadian financial institution and association and affinity markets.
Its participation in the round is structured as a strategic institutional investment — not a distribution or referral arrangement.
What June Health does
June Health is distributed as an employer and partner benefit. The platform gives members a single access point across women’s health, covering hormonal health, fertility and family planning, mental health, chronic conditions, and menopause.
June Health says its AI component is designed to help members:
- understand what their insurance covers
- identify appropriate care pathways
- connect to specialized support more efficiently
A multidisciplinary care team supports the platform, including physicians, nurse practitioners, psychotherapists, dietitians, naturopaths, and women’s health specialists.
The carrier-as-investor model
Carriers entering group benefits have traditionally provided coverage.
Health navigation — helping members understand and use that coverage — has generally sat outside the carrier’s direct role.
Securian Canada’s stake in June Health represents a departure from that arrangement. Rather than distributing a third-party navigation platform, the carrier has taken an ownership position in one.
Securian Canada is not the only carrier moving in this direction. In June 2025, Manulife Canada announced a distribution partnership with Maven Clinic. The arrangement gives eligible group benefits plan members access to women’s and family health navigation programs.
“We see strong alignment between June Health’s vision and Securian Canada’s efforts to provide inclusive solutions that break down barriers for Canadians,” said Nigel Branker, CEO of Securian Canada.
Lori Casselman, founder and CEO of June Health, said the company’s model is designed to address long-standing gaps in care access. “We built June to bring together technology and clinical expertise with a clear objective — to help women get quality care more efficiently, throughout every stage of life,” she said.
Context: the women’s health gap in Canadian benefits
Women’s health has been an area of documented under-coverage in Canadian group benefits plans.
There is also a gap in fertility coverage, with plan sponsors noting that fertility drugs are typically a separate, opt-in category that must be actively requested.
A 2025 Maple study found that more than half of working women reported missing work due to health issues. More than half said they could not address the health concern sooner.
The June Health round is one of the earlier examples of a Canadian insurer taking a direct ownership stake in a women’s health navigation platform. Whether other carriers follow a similar model remains to be seen.
For more coverage on group benefits design and women’s health in the workplace, visit our benefits and wellbeing section
