Amount Raised
$11 Million
Description
Canopy, the leading cloud-based practice management platform for accounting professionals, announced it has received $11 million in new funding. The round includes new investor Ankona Capital as well as existing investors NewView Capital, Pelion Venture Partners and Tenaya Capital among others. This new capital will be used to continue to build the accounting industry’s first cloud-first, mobile, modern practice suite.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech