The next generation, reusable N95 - for the world’s well-being.

Security Type
Min Investment
Katonah, NY
Offering Date
December 17, 2020
Expected Close Date
April 30, 2021
Target Raise
Deal Notes

Security Type: Crowd IPA

Crowd IPA (Interests Purchase Agreement) is a simple agreement to acquire membership units of a limited liability company.


Company Description

Vision Creating sustainable products that increase comfort, safety, and performanceCanopy is the next generation respirator, but it’s also so much more. It’s a pledge we can each make to the well-being of the people and places we love.Beyond the initial respirator, Canopy’s mission is to protect the world’s well-being by creating sustainable products that increase comfort, safety, and performance. We are exploring additional opportunities to replace single-use products in the clinical setting with superior-performance, more economically efficient alternatives while simultaneously reducing waste. We’re proud to be a certified B Corporation pending, the highest rating a company our age (less than 12 months) can achieve, and Canopy sales directly address 9 of the 17 UN sustainable development goals. Our forthcoming 501(c)(3) nonprofit, ‘One Canopy,’ will partner with leading NGOs, governments, and public health organizations to distribute Canopy respirators to populations in need, domestic and abroad.

Key Deal Facts

Patent-pending, transparent respirator system solves N95 flaws
Shipping in Q1 '21. Saves hospitals >50% on PPE; quickly pays for itself
Led by Google, Johns Hopkins, DaVita, Boston Scientific & Pall alumni
Strong unit economics, razor / blade model & lean cost structure
>$1B annual enterprise pipeline managed by med-device sales veterans
Upcoming pilot with Northwell, New York's largest health system
Little true competition despite high demand for a reusable N95 replacement

Management Team / Advisory Board Bios

Joe Rosenberg
Founder & CEO
A long-time leader on Google's Emerging Business Development team, Joe is an expert in cross-functional innovation, strategic partnerships, retail e-commerce, and enterprise sales.

Doug Clift
Head of Operations
A biomedical engineer turned operations leader, Doug drives product innovation and supply chain development for Canopy. Previously, Doug managed Operations Innovation for DaVita, a Fortune 200 global kidney dialysis service.

Jim Walker
Head of Sales and Marketing
For 20 years Jim was the SVP of Global Corporate Sales and led pricing strategy for Boston Scientific. Prior to joining Boston Scientific, Jim was a sales director with Johnson and Johnson.

Qing Xiang Yee
Head of Product
QX holds an MS from Johns Hopkins University's Center for Bioengineering Innovation and Design. He's an expert in human-factors engineering, and prior to Canopy spent six years as a senior engineer at Singapore’s national defense research agency.

Jacqueline Terry
Head of Fulfillment & Logistics
Expertise in Process Management, Hyper Growth, Call Centers, and Operational Planning / Demand Modeling. Global expansion expert, launching products in 20 countries, including AMEA, APAC, and AMER including FDA / regulatory readiness per market.

Deal Notes

Security Type: Crowd IPA

Crowd IPA (Interests Purchase Agreement) is a simple agreement to acquire membership units of a limited liability company.

Amount Raised : $325,470
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