FinTechFunding

Canopy: Raises $11M in Funding

Canopy Raises $11M in Funding

  • Canopy, a Lehi, Utah-based cloud-based practice management platform for accounting professionals, raised $11m in funding
  • The round includes new investor Ankona Capital as well as existing investors NewView Capital, Pelion Venture Partners and Tenaya Capital among others
  • The company intends to use the funds to continue to build its cloud-first, mobile, modern practice suite
  • Led by Davis Bell, CEO, The company provides cloud-based practice management software to thousands of accounting professionals nationwide
  • Committed to data security, its solutions are SOC2 certified and data encrypted to ensure personal information is secure
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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