Annum Board Member Explains Why Annum Health is "An Investment to Be Proud Of"
"With every investment, Canaan looks at areas where current solutions are ineffective or where barriers put effective products and services out of reach. Annum has all of this in spades."
Nina Kjellson, General Partner at Canaan Partners, explains why she's so excited to invest in Annum Health. Writes Nina:
"If one thing’s clear, it’s the need for an alternative to rehab for heavy drinking, and that alternative is Annum Health.
"Annum’s reinvented health-tech model casts every outdated assumption about rehab aside. Instead of centering treatment around 12-step facilitation, Annum deploys a physician, counselor and coach for each participant. This highly-trained, multi-pronged treatment team delivers an evidence-based suite of treatment that includes therapy, medicine, education, coaching and peer support in a private, highly personalized and mobile-enabled way.
"Unlike a 28-day stay in a bricks and mortar rehab facility, Annum’s program lasts up to a year, is far more affordable and is offered proactively to all members of a sponsor’s population to reduce stigma and hassle. Benefits are measured the way we ourselves measure our own success — in terms of quality of life enhancements, reduced heavy drinking episodes and increased performance at work — rather than simply by days, weeks and years sober. In fact, a person can get treatment at Annum — and be considered a success story — even if they don’t give up drinking forever."