Canopy

Indianapolis, United States Founded: 2013 • Age: 13 yrs Acquired By Outreach
Revenue analytics and tracking solutions are offered to businesses.
Annual revenue - Latest available
Total funding $2.1M 1 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 5 Services tracked
Competitors 8 Brand Intelligence

About Canopy

Canopy is a company based in Indianapolis (United States) founded in 2013 was acquired by Outreach in October 2021. Canopy has raised $2.1 million across 1 funding round from investors including Outreach, High Alpha and Elevate Ventures. Canopy offers products and services including Canopy Platform, Signals, Forecast, Coach, and Analyze. Canopy operates in a competitive market with competitors including Infinx, AKASA, Plusgrade, R1 RCM and RateGain, among others.

  • Headquarter Indianapolis, United States
  • Sectors
    Technology
  • Phone
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  • Website
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  • Social
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Operational Areas
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
    $2.1 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2.1 M (USD), Seed

    Jun 10, 2020

  • Investors
    Outreach

    & 4 more

  • Employee Count
    Not available
  • Acquired by
    Outreach

    (Oct 12, 2021)

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Products & Services of Canopy

Canopy offers a comprehensive portfolio of products and services, including Canopy Platform, Signals, Forecast, Coach, and Analyze.

Product name locked
Category locked
Primary

Platform for real-time data monitoring and revenue forecasting.

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Tool for real-time awareness and custom goal tracking.

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Streamlines sales forecasting and variance measurement.

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Assists in sales coaching and performance improvement.

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Provides trend analysis and performance reporting features.

Funding Insights of Canopy

Canopy has successfully raised a total of $2.1M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.1 million completed in June 2020. 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

Canopy has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Outreach, High Alpha and Elevate Ventures.

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Venture Fund
Investor Description Founded Year Domain Location
A venture firm that creates and funds B2B SaaS companies.
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Early-stage investments are made in diverse sectors by the firm.
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Investor details for Canopy

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Canopy

Investments
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Investment portfolio details for Canopy

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  • Transaction dates
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Financial Statements - Canopy

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Detailed financials for Canopy

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  • Profit trends
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  • Financial ratios

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Canopy Comparisons

Canopy Primary company
Description
Revenue analytics and tracking solutions are offered to busi...
Location
Indianapolis, United States
Founded Year
2013
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Canopy

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Competitors of Canopy

Canopy 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 Infinx, AKASA, Plusgrade, R1 RCM and RateGain, among others.

Company Name Domain Founded year HQ Location Description
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Revenue cycle management platform for healthcare is provided.
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Revenue cycle automation platforms are provided for healthcare reimbursement.
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SaaS revenue management solutions are offered to airlines for optimization.
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End-to-end revenue cycle management is provided for healthcare organizations.
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SaaS solutions for hospitality revenue and operations management are delivered.
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AI-enabled inventory optimization and e-commerce solutions for airlines are provided.
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Detailed competitors of Canopy

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Latest news on Canopy

Indy Software Company Acquired
Insideindianabusiness4 years ago
Revenue intelligence platform Canopy nabs $2m seed
Venturecapitaljournal6 years ago
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Complete news archive for Canopy

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Frequently Asked Questions about Canopy

Canopy was founded in 2013 and raised its 1st funding round 7 years after it was founded.

Canopy is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.

Canopy is a funded company, having raised a total of $2.1M across 1 funding round to date.

Canopy was founded in 2013 and is headquartered in Indianapolis, United States. Revenue management solutions are provided by the company within the financial technology sector. Services include revenue analysis, budgeting and forecasting, financial planning and analysis, expense management, and KPI monitoring. An automated reporting platform is featured to deliver data access and insights for business operations.

Canopy's top competitors include R1 RCM, AKASA and Volantio.

Canopy offers Canopy Platform, Signals, Forecast, Coach, and Analyze.

Canopy has 5 investors. Key investors include Outreach, High Alpha, Elevate Ventures, IU Ventures, and Service Provider Capital.

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