C
Canopy
Fintech · Eagle Mountain, United States · Founded 2014
Cloud-Based Accounting Software MoreLess
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.
Keywords: cloud-based, practice management, CPAs, tax professionals, document management, client communication, automation, AI capabilities, remote work, subscription-based.
Company overview
Canopy company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2014
- Headquarters
- Eagle Mountain, United States
- Employees
- 311
- Open positions
- 22
- Dealroom signal
- 89.2
Valuation & funding
Canopy funding history
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 | ↗ |
| SERIES BOther financing | Dec 2021 | $35M | $140M | Ankona Capital · Tenaya Capital · Pelion Venture Partners · NewView Capital | ↗ |
| SERIES COther financing | Jun 2021 | $11M | $83M | Pelion Venture Partners · NewView Capital · Tenaya Capital · Ankona Capital | — |
| LATE VCOther financing | Mar 2021 | $17M | $66M | Undisclosed | — |
| DEBTDebt | Dec 2019 | Undisclosed | — | ||
| LATE VCOther financing | Dec 2019 | Pelion Venture Partners · Tenaya Capital · NewView Capital | — | ||
| SERIES BOther financing | May 2018 | Tenaya Capital · Nyca Partners · NEA | — | ||
| LATE VCOther financing | Mar 2018 | NEA · Pelion Venture Partners · EPIC Ventures · University Growth Fund | — | ||
| SERIES BOther financing | Mar 2017 | NEA · EPIC Ventures · Pelion Venture Partners · BYU Cougar Capital | — |
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.
Hiring
Open positions at Canopy
Current openings linked to this company in Dealroom.
Comparisons
Canopy compared with similar companies
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Talent graph
Canopy's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Canopy has talent and traffic
team presence
In the news
Latest news about Canopy
Recent press, funding announcements, and product moves mentioning Canopy — open to read from the original sources.
Market sentiment
What the market is saying about Canopy
An AI-synthesized read of the highest-engagement posts about Canopy on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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