About Canopy Connect
Canopy Connect is a Financial Services company based in Beaverton (United States) founded in 2020 by Tolga Tezel. Digital inventory for consumer insurance details is managed. Canopy Connect has raised $6.5 million across 1 funding round from investors including NevCaut Ventures, Elefund and Nimble Partners. Its chief executive, as recorded, is Tolga Tezel. Its website usecanopy.com draws about 100 thousand monthly visits. Canopy Connect offers products and services including Insurance Verification API, Data Intake Platform, and Policy Paste. Its focus areas include FinTech, Insurance IT, Insurance Policy Solutions and Software for Insurance Intermediaries. Its legal entity is CANOPY CONNECT, INC. Its competitors include Tarci, MLF Lexserv and RiskAdvisor; 2 of its 3 listed competitors have raised funding.
Company details
Canopy Connect was founded in 2020 and is headquartered in Beaverton, United States. Operations focus on the insurance technology sector, where digital tools are provided for agents to gather declaration pages, policy information, driver records, claims, contacts, and documents. Platforms for customer management and policy oversight are also offered, supporting streamlined insurance processes across the U.S. market.
- Headquarters Beaverton, United States
- Founders Tolga Tezel
- SectorsFinancial Services
- Website category Finance · Insurance
- Email••••••••
- Website usecanopy.com
- Social LinkedIn Facebook YouTube
- Legal Name Canopy Connect, Inc.
- Total Equity Funding$6.5M (USD)
in 1 rounds
- Latest Funding Round$6.5M (USD), Series A
Oct 2023
- InvestorsNevCaut Ventures
& 5 more
Products & Services of Canopy Connect
Canopy Connect offers a comprehensive portfolio of products and services, including Insurance Verification API, Data Intake Platform, and Policy Paste.
Provides access to structured insurance data for verification.
Enables collection of verified insurance information from users.
Allows direct pasting of verified data into forms.
Apps and channels of Canopy Connect
its YouTube channel Canopy Connect has 363 subscribers and 30 videos.
Videos from Canopy Connect
The most watched videos on Canopy Connect's YouTube channel, Canopy Connect (363 subscribers). Click a video to play it here.
More on Canopy Connect.
Funding Insights of Canopy Connect
Canopy Connect has successfully raised a total of $6.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.5 million completed in October 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 $6.5M
- Total Rounds 1
- Last Round Series A — $6.5M
- First Round $6.5M
(Oct 2023)
- Investors Count 6
All 1 funding rounds of Canopy Connect 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 |
|---|---|---|---|---|---|
| Oct 2023 | $6.5M | Series A | – | NevCaut Ventures |
6 investors in total: 6 institutional.
Investors in Canopy Connect
Canopy Connect has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include NevCaut Ventures, Elefund and Nimble Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investment in early-stage Fintech startups | nevcaut.vc | Irvine, United States | ||
Venture capital firm focused on fintech, enterprise, and consumer sectors | elefund.com | Mountain View, United States | ||
A multi-stage venture capital firm focused on technology investments. | nimblepartners.vc | San Francisco, United States | ||
Venture capital firm focused on seed-stage investments | localglobe.vc | London, United Kingdom | ||
Multi-stage investments are made in global companies by 9yards Capital. | 9yardscapital.com | San Francisco, United States | ||
Investments are focused on fintech startups for financial innovation. | gfvp.com |
Investor details for Canopy Connect
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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People of Canopy Connect
5 people are tracked at Canopy Connect (3 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Tolga Tezel | Founder & CEO | Leadership |
Norman Tan | Chief Operating Officer | Leadership |
Dave Cardwell | VP Of Engineering | Leadership |
Victoria K. | Controller | Team |
Casey Armstrong | Senior Account Executive | Team |
Complete people profiles for Canopy Connect
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Timeline of Canopy Connect
2 dated milestones of Canopy Connect across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Canopy Connect is founded.
- Funding First funding round of $6.5M.
Competitors of Canopy Connect
Canopy Connect has 3 listed competitors in our database, 2 of them funded. They include Tarci, MLF Lexserv and RiskAdvisor.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tarci.io | 2019 | New York, United States | $17M | Provider of AI-enabled intelligent solutions for intermediaries | ||
| mlflexserv.com | 2006 | Bethesda, United States | Leading provider of life settlement policy services and administration for clients. | |||
| riskadvisor.insure | 2021 | Lexington, United States | $50,000 | Cloud-based insurance data collection solutions are provided to brokers. |
Detailed competitors of Canopy Connect
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Canopy Connect
The website of Canopy Connect (usecanopy.com) receives about 99.6K visits a month and ranks #362,535 among all websites worldwide, #1,880 in Insurance.
- Monthly visits99.6K
▼ 2.5% vs previous month
- Unique visitors31K
per month
- Global rank#362,535
among all websites
- Category rank#1,880
Finance · Insurance
- Bounce rate50%
- Pages per visit3.0
- Average visit3 min 23 sec
- DevicesDesktop 74% · Mobile 26%
Websites whose visitors overlap most with Canopy Connect. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
foragentsonly.com | foragentsonly.com | 100% | #18,718 | – | |
natgenagency.com | natgenagency.com | 84% | #54,330 | – | |
agentsalliance.com | agentsalliance.com | 80% | #3,295,982 | – | |
foremostagent.com | foremostagent.com | 80% | #147,246 | – | |
| progressive.com | 77% | 32.8M | #1,093 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 27 similar websites and full traffic analytics for Canopy Connect
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 27 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Insurance Technology & Support Services
3 companies that operate in the same segment as Canopy Connect (Insurance Technology & Support Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based platform for property and casualty insurance is provided. | 2001 | San Mateo, California, United States | USD 1.48 B | 226 | ||
Claims administration, loss adjusting, and benefits management services are provided. | 1969 | Memphis, Tennessee, United States | USD 2.63 M | |||
Online property and casualty insurance is provided for businesses. | 2017 | San Francisco, California, United States | USD 800 M | 699 |
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Related news about Canopy Connect
Complete news archive for Canopy Connect
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Frequently Asked Questions about Canopy Connect
Canopy Connect was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Canopy Connect is headquartered in Beaverton, United States. It is registered at Beaverton, Oregon, United States.
Tolga Tezel is the CEO of Canopy Connect, as recorded in our data. They have also founded this company.
Canopy Connect is a funded company, having raised a total of $6.5M across 1 funding round to date. The company's 1st funding round was a Series A of $6.5M, raised on Oct 2023.
Canopy Connect was founded in 2020 and is headquartered in Beaverton, United States. Operations focus on the insurance technology sector, where digital tools are provided for agents to gather declaration pages, policy information, driver records, claims, contacts, and documents. Platforms for customer management and policy oversight are also offered, supporting streamlined insurance processes across the U.S. market.
Canopy Connect's top competitors include Tarci, RiskAdvisor and MLF Lexserv.
Canopy Connect offers Insurance Verification API, Data Intake Platform, and Policy Paste.
Canopy Connect has 6 investors. Key investors include NevCaut Ventures, Elefund, Nimble Partners, LocalGlobe, and 9yards Capital.
Canopy Connect operates through Canopy Connect, Inc..