Canopy
PrivateLast Round
Series C
Apr 23, 2025
Total Funding Raised
$181M
Company Overview
Canopy operates in Enterprise Software and is based in South Jordan, Utah. Its latest recorded funding round was a Series C round in April 2025.
Canopy is a business and productivity software company that provides an all-in-one practice management platform for accounting, tax, and bookkeeping firms.
Sector
Enterprise Software
Verticals
Accounting & Expense, Workflow Automation, CRM, Document Management, NLP & Conversational AI
Business Model
B2B
Customer Profile
Subscription SaaS, Payment Processing Fee
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Canopy Comparables
Compare Canopy with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Karbon | 94% | |
| TaxDome | 94% | |
| Qount | 87% |
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Canopy Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series C | Apr 23, 2025 | ||||
| Series B Extension | May 8, 2024 | ||||
| Series B Extension | Dec 8, 2021 | ||||
| Series A Extension | Jun 29, 2021 | ||||
| VC Round | Dec 4, 2019 | ||||
VC Round | Mar 27, 2018 |
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Key People
Founding team and executive leadership
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Canopy Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Wells Fargo Strategic Capital | VC Round |
| University Growth Fund | VC Round |
| Ten Coves Capital | Series C, Series B Extension |
| Pelion Venture Partners | Series B Extension, Series A Extension, VC Round, Series C, Series B |
| New Enterprise Associates | Series B, Seed, VC Round, Series A |
| Epic Capital Ventures | Series B |
| Tenaya Capital | Series B Extension, Series A Extension, VC Round, Series C |
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Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 23, 2026
Launched Canopy Notetaker, an addition to its practice management platform.
- Feb 13, 2026
Launched AI-powered bookkeeping solutions.
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Canopy Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Canopy's valuation, stock price, and market status.
Is Canopy a public or private company?
Canopy is a private company.
What is the current stock price of Canopy?
Canopy is a private company, so its shares have no public market price. Caplight tracks Canopy's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Canopy worth (valuation)?
Valuation information for Canopy is not publicly available.
Can I buy Canopy stock?
Canopy shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Canopy's last funding round?
Canopy's most recent funding round was Series C on April 23, 2025.
Who are the main investors in Canopy?
Key investors in Canopy include Ten Coves Capital, Pelion Venture Partners, New Enterprise Associates, Tenaya Capital, NewView Capital.
Will Canopy IPO soon?
No public IPO plans have been announced for Canopy.
How can I track Canopy secondary market activity?
Caplight tracks bids, offers, and trades in Canopy's shares on secondary markets.