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. Canopey operates in a competitive market with competitors including Healf, Veo, Rural Handmade, SoJustShop and BigGreenSmile, among others.
- Headquarter Norwich, United Kingdom
- Employees 2
- Founders Hugo Douglas Deane, Thomas Panton
- Stage Minicorn
- SectorsRetail
- Website canopey.com
- Social LinkedIn X Facebook
- Legal Name Shop Greenr Ltd
- Date of Incorporation 19 Apr, 2021
- Jurisdiction LONDON, ENGLAND
- Total Equity Funding$170.48K (USD)
in 3 rounds
- Latest Funding Round$20K (USD), Seed
Sep 2023
- Investors
- Employee Count2
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 $170,478
- Total Rounds 3
- Last Round Seed — $20,000
- First Round $90,681
(Dec 2021)
- Investors Count 1
All 3 funding rounds of Canopey with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2023 | $20,000 | Seed | – | Techstars | – |
| Mar 2023 | $59,797 | Seed | $1.84M | – | – |
| Dec 2021 | $90,681 | Seed | $1.56M | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2023 | $1.84M | •••••••• |
| Dec 2021 | $1.56M | •••••••• |
Last known valuation $1.84M (Mar 2023). 1 investors in total: 1 institutional.
Investors in Canopey
Canopey has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Techstars.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States |
Investor details for Canopey
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of Canopey
5 people are tracked at Canopey (4 in leadership, 1 in team); the tracked headcount is 2.
| Name | Role | Group |
|---|---|---|
Hugo Douglas Deane | Co-Founder | Leadership |
Thomas Panton | Co-Founder & CEO | Leadership |
Abrar R. | Founder & CTO | Leadership |
Daniel Kolodziej | Interim Head Of Product & Experience | Leadership |
Emma Andrews | Technical Lead | Team |
Complete people profiles for Canopey
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Canopey
4 dated milestones of Canopey across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Canopey is founded.
- Funding First funding round of $91K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $20K.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| healf.com | 2018 | London, United Kingdom | $2.4M | 13 | Eco-friendly multi-category products are retailed online by Healf. | |
| veo.world | 2019 | Manchester, United Kingdom | $415,329 | 4 | Eco-friendly multi-category products are sold via an online marketplace. | |
| ruralhandmade.com | 2017 | London, United Kingdom | – | 840 | Manages an e-commerce store offering multi-category handmade, eco-friendly products. | |
| sojustshop.com | 2014 | London, United Kingdom | $345,030 | 11 | Women-led artisan products are sold through an international online marketplace. | |
| biggreensmile.com | 2008 | Amersham, United Kingdom | – | 13 | Online retailer offering eco-friendly multi-category products | |
| sirgordonbennett.com | 2018 | Bristol, United Kingdom | – | 4 | Online retailer offering handcrafted multi-category products | |
| theartchi.com | 2022 | London, United Kingdom | – | – | Online retail platform offering handcrafted home decor products | |
| hopeandstory.com | 2015 | – | – | – | An online marketplace specializing in eco-friendly, multi-category products. |
Detailed competitors of Canopey
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- Full competitor set
- Operating metrics
- Benchmarks
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Verified entity values are shown only after access is granted.
Latest news on Canopey
Complete news archive for Canopey
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Similar companies to Canopey
10 companies that operate in the same segment as Canopey (Marketplaces & General E-Commerce), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Multi-category consumer products are offered via an online marketplace platform. | 2007 | Bengaluru, Karnataka, India | USD 12.12 B | – | – | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 542.17 M | 1,108 | |
Multi-category consumer products are sold via an online marketplace. | 2010 | Seoul, South Korea | USD 3.9 B | USD 34.53 B | 95,000 | |
Multi-category products are sold via an online marketplace platform. | 2012 | Singapore, Singapore | USD 689.63 M | – | – | |
Multi-category products are offered through an online marketplace. | 1994 | Seattle, Washington, United States | USD 8 M | – | – | |
Multi-category second-hand products are offered via online marketplace platform. | 2007 | Moscow, Russia | USD 161 M | – | – | |
Used multi-category products are traded on an online marketplace platform. | 2013 | Minato, Tokyo, Japan | USD 117.3 M | USD 1.41 B | – | |
Multi-category consumer products are sold via an online marketplace platform. | 1999 | Buenos Aires, Argentina | – | USD 28.89 B | 84,210 | |
App-based marketplace and classified platform for multi-category products | 2013 | Barcelona, Catalonia, Spain | USD 370.56 M | – | – | |
Multi-category consumer products are offered via an online marketplace. | 1998 | Moscow, Russia | USD 442.27 M | – | – |
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Frequently Asked Questions about Canopey
Canopey was founded in 2021.
Canopey is headquartered in Norwich, United Kingdom. It is registered at Norwich, Norfolk, United Kingdom.
Thomas Panton is the current CEO of Canopey. They have also founded this 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 2021.
Canopey has 2 employees.
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.
Canopey's top competitors include Healf, Veo and SoJustShop.
Canopey has 1 investor. Key investors include Techstars.
The valuation of Canopey is $1.84M as of Mar 2023.
Canopey operates through Shop Greenr Ltd.