About Canopey
Canopey is a company based in Norwich (United Kingdom) founded in 2021 by Hugo Douglas Deane and Thomas Panton.. Canopey has raised $170.48 thousand across 3 funding rounds from investors including Techstars. The company has 2 employees as of April 30, 2022. Canopey operates in a competitive market with competitors including Healf, Veo, Rural Handmade, SoJustShop and BigGreenSmile, among others.
- Headquarter Norwich, United Kingdom
- Employees 2 as on 30 Apr, 2022
- Founders Hugo Douglas Deane, Thomas Panton
- Stage Minicorn
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Sectors
Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Shop Greenr Ltd
- Date of Incorporation 19 Apr, 2021
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$170.48 K (USD)
in 3 rounds
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Latest Funding Round
$20 K (USD), Seed
Sep 13, 2023
- Investors
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Employee Count
2
as on Apr 30, 2022
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Funding Insights of Canopey
Canopey has successfully raised a total of $170.48K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $20 thousand completed in September 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $20,000
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First Round
First Round
(17 Dec 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Seed - Canopey | Valuation | Techstars |
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| Mar, 2023 | Amount | Seed - Canopey | Valuation |
investors |
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| Dec, 2021 | Amount | Seed - Canopey | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Canopey
Canopey has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Techstars. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Startups are accelerated globally without sector restrictions through structured programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Canopey
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Canopey
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Canopey Comparisons
Competitors of Canopey
Canopey operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Healf, Veo, Rural Handmade, SoJustShop and BigGreenSmile, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Eco-friendly multi-category products are retailed online by Healf.
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| domain | founded_year | HQ Location |
Eco-friendly multi-category products are sold via an online marketplace.
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| domain | founded_year | HQ Location |
Manages an e-commerce store offering multi-category handmade, eco-friendly products.
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| domain | founded_year | HQ Location |
Women-led artisan products are sold through an international online marketplace.
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| domain | founded_year | HQ Location |
Online retailer offering eco-friendly multi-category products
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Canopey
Frequently Asked Questions about Canopey
When was Canopey founded?
Canopey was founded in 2021.
Where is Canopey located?
Canopey is headquartered in Norwich, United Kingdom. It is registered at Norwich, Norfolk, United Kingdom.
Who is the current CEO of Canopey?
Thomas Panton is the current CEO of Canopey. They have also founded this company.
Is Canopey a funded company?
Canopey is a funded company, having raised a total of $170.48K across 3 funding rounds to date. The company's 1st funding round was a Seed of $90.68K, raised on Dec 17, 2021.
How many employees does Canopey have?
As of Apr 30, 2022, the latest employee count at Canopey is 2.
What does Canopey do?
Canopey was founded in 2021 and is based in Norwich, United Kingdom. Operations focus on online retail of sustainable products across sectors including fashion, beauty, home goods, and stationery. A tool is integrated into the platform to calculate reductions in carbon emissions, water usage, and plastic waste resulting from customer purchases. The business serves consumers seeking environmentally conscious options in everyday items.
Who are the top competitors of Canopey?
Canopey's top competitors include Healf, Veo and SoJustShop.
Who are Canopey's investors?
Canopey has 1 investor. Key investors include Techstars.
What is Canopey's valuation?
The valuation of Canopey is $1.84M as of Mar 2023.