Canopy is a Draper, UT–based company that offers a comprehensive cloud practice management suite for accounting firms. The platform combines client management, document management, workflow automation, and time & billing in a single system to increase firm efficiency and revenue. It also delivers specialty compliance tools that allow accountants to obtain IRS transcripts and resolve tax notices rapidly. All data processed through Canopy is SOC2 certified and encrypted, emphasizing security for sensitive financial information. The company plans to deploy its newly raised capital to expand operations and broaden its market reach. Its most recent financing totals $35 million, highlighting strong investor confidence in its growth prospects.

Total raised

$229M

Funding rounds

9

Latest round

Series C

Latest activity

Apr 2025