COMPANY PROFILE

Canopy

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Cloud-Based Accounting Software

South Jordan, United StatesFounded 2014Fintech

Valuation $250–500M Last recorded · 2025

Headcount 100–500 Current team size

Total funding $100–500M Disclosed equity funding

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About Canopy

Canopy is a cloud-based practice management software designed specifically for CPAs and tax professionals. The platform offers a comprehensive suite of tools that streamline document management, enhance client communication, and automate routine tasks. Canopy serves small to medium-sized accounting firms looking to optimize their operations and improve client relationships. Operating in the financial technology market, Canopy's business model revolves around a subscription-based service, providing various pricing tiers based on the features and number of users. Revenue is generated through these subscriptions, as well as additional fees for premium features and services. The platform's AI capabilities and mobile apps offer flexibility for remote work, making it a valuable asset for modern accounting practices.

MoreLess Source: Dealroom company data

At a glance

Status: Operational
Founded: 2014
Headquarters: South Jordan, United States
Employees: 311
Open positions: 22
Dealroom signal: 89.2/100
Industry: Fintech, Enterprise Software
Sub-industry: Financial Management Solutions
Sector: Fintech, Accounting, Risk Management, Tax, Invoicing, SME, Legal, Tax and Accounting
Business model: SaaS
Client focus: b2b
Links: Website LinkedIn X

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Funding history

10 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SERIES COther financing	Apr 2025	$70M	$280M	Tenaya Capital · Ankona Capital · Viking Global Investors · Pelion Venture Partners	↗
SERIES COther financing	May 2024	$35M	$140M	Tenaya Capital · Pelion Venture Partners · NewView Capital · Ten Coves Capital	↗

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Growth signals

Canopy website traffic

Latest recorded traffic for Canopy is 120K monthly website visits, down 14.3% over the last three months. Canopy's team grew 6.1% over the past year.

Latest monthly visits120K 3-month web change-14.3% 1-year team growth+6.1%

Monthly website visitsDec 2020–Jul 2026

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Open positions

Openings linked to this company in Dealroom

Desktop Support SpecialistDraper, UT · CSM & Support · Sep 5, 2026 Sr. UX DesignerDraper, UT · Design · Aug 28, 2026 Customer Support Specialist - Tier I New Draper UTDraper, Utah, United States, Northern America, Americas · CSM & Support · Aug 25, 2026 Manager of Enablement Draper, UTDraper, Utah, United States, Northern America, Americas · Other · Aug 25, 2026 Demand Generation Manager - Paid Social New Draper, UtahDraper, Utah, United States, Northern America, Americas · Sales · Aug 25, 2026 Senior Product Manager Draper, UTDraper, Utah, United States, Northern America, Americas · Business Development · Aug 25, 2026 Solutions Specialist Draper, UTDraper, Utah, United States, Northern America, Americas · Other · Aug 25, 2026 Sales Manager Draper, UTSouth Jordan, Utah, United States, Northern America, Americas · Sales · Aug 25, 2026

8 distinct openings shownExplore hiring signals →

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