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Canopy Connect Raises $6.5M Series A Led By Nevcaut Ventures

PRIVATEOct 25, 2023•over 2 years ago

Amount Raised

$6.5 Million

Round Type

series a

San FranciscoFinancial ServicesInsurance

Description

Canopy Connect, the leading platform for collecting, verifying, and monitoring insurance information, today announced it has closed a $6.5M Series A funding round. The new capital will allow the company to accelerate growth, increase product velocity, and build upon their success with the platform powering more than 3,500 companies across a broad range of verticals. Nevcaut Ventures led the round, with participation from Elefund, Nimble Partners, LocalGlobe, 9Yards Capital, Global FinTech Venture Partners, and more.

Company Information

Company

Canopy Connect

Location

San Francisco, California, United States

About

Canopy Connect is building the infrastructure that powers best-in-class insurance experiences. We empower consumers to gain value and convenience from their own data, and we enable businesses to securely and quickly support their customers. No more long online forms or tedious back and forth over phone calls and emails to collect the insurance information you need from prospects. Our 1-click solution enables you to instantly receive Dec Pages and insurance information from your prospects. It's delightfully simple to use. You can embed Canopy Connect anywhere. Access the data via our dashboard or use our open API to populate insurance information directly into your rater, CRM, AMS or your own backend. We even have a Zapier app you can use to connect to tools you already use. If your business collects insurance information from prospects, let's talk!

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.

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