Canopy Labs

Toronto, Canada Founded: 2012 • Age: 14 yrs Acquired By Drop
Predictive customer analytics are delivered for mid-market sales teams.
Annual revenue - Latest available
Total funding $2.1M 2 rounds
Employees 2 Tracked headcount
Investors 4 Known backers
Products 1 Services tracked
Competitors 11 Brand Intelligence

About Canopy Labs

Canopy Labs is a company based in Toronto (Canada) founded in 2012 was acquired by Drop in November 2018. Canopy Labs has raised $2.06 million across 2 funding rounds from investors including Drop, BDC and Y Combinator. The company has 2 employees as of December 31, 2024. Canopy Labs offers products and services including Machine Learning Platform. Canopy Labs operates in a competitive market with competitors including Amplitude, Contentsquare, Phunware, LiveRamp and IgnitionOne, among others.

  • Headquarter Toronto, Canada
  • Employees 2 as on 31 Dec, 2024
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2.06 M (USD)

    in 2 rounds

  • Latest Funding Round
    $564 K (USD), Series A

    Mar 18, 2014

  • Investors
    Drop

    & 3 more

  • Employee Count
    2

    as on Dec 31, 2024

  • Acquired by
    Drop

    (Nov 15, 2018)

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Products & Services of Canopy Labs

Canopy Labs offers a comprehensive portfolio of products and services, including Machine Learning Platform.

Product name locked
Category locked
Primary

Applies machine learning for customer success and loyalty solutions.

Funding Insights of Canopy Labs

Canopy Labs has successfully raised a total of $2.06M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $564 thousand completed in March 2014. 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.

Investors in Canopy Labs

Canopy Labs has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Drop, BDC and Y Combinator.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage startups are accelerated via funding and educational programs.
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Global investments in tech sectors are conducted by Valar Ventures.
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Commercial banking services for small and medium-sized enterprises are provided.
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Investments & Acquisitions by Canopy Labs

Investments
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Investment portfolio details for Canopy Labs

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Financial Statements - Canopy Labs

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Detailed financials for Canopy Labs

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Canopy Labs Comparisons

Canopy Labs Primary company
Description
Predictive customer analytics are delivered for mid-market s...
Location
Toronto, Canada
Founded Year
2012
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
2
As of 2024
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Peer comparison for Canopy Labs

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Competitors of Canopy Labs

Canopy Labs 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 Amplitude, Contentsquare, Phunware, LiveRamp and IgnitionOne, among others.

Company Name Domain Founded year HQ Location Description
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Amplitude is recognized as a leading digital analytics platform.
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AI interfaced customer digital experience analytics software
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Analytics and data management software for mobile marketing are provided.
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Offline customer data is connected and activated for online advertising.
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Digital marketing platform is offered for media optimization across channels.
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Cloud-based platform for digital experience management and content marketing
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Detailed competitors of Canopy Labs

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Latest news on Canopy Labs

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Complete news archive for Canopy Labs

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Frequently Asked Questions about Canopy Labs

Canopy Labs was founded in 2012.

Canopy Labs is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Canopy Labs is a funded company, having raised a total of $2.06M across 2 funding rounds to date.

As of Dec 31, 2024, the latest employee count at Canopy Labs is 2.

Canopy Labs was founded in 2012 in Toronto, Canada, as a software company focused on customer analytics. Predictive solutions are offered to mid-sized businesses, providing real-time insights for outbound sales and marketing. These tools support lead generation, social referrals, and conversion improvements. Clients include WagJag, the Toronto Argonauts, and the Canadian Opera Company. Backing is provided by Y Combinator, BDC IT Ventures Fund, and Valar Ventures.

Canopy Labs's top competitors include Amplitude, Contentsquare and LiveRamp.

Canopy Labs offers Machine Learning Platform.

Canopy Labs has 4 investors. Key investors include Drop, BDC, Y Combinator, and Valar Ventures.

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