Fundz

Canopy Tax reported raising $36.5 Million in an initial SEC Form D filing, from an offering of $36.5 Million

PRIVATEApr 24, 2025

Amount Raised

$36.5 Million

$36.5 Million sold, per SEC Form D (first sale Apr 10, 2025)

Round Type

Venture

South JordanProfessional ServicesSoftwareDocument ManagementSaaS

Investors

NewView CapitalTenaya CapitalPelion Venture PartnersAnkona CapitalTen Coves Capital

Quick answer

Canopy raised $36.5 Million in a funding round, dated April 10, 2025. Investors: NewView Capital, Tenaya Capital, Pelion Venture Partners, Ankona Capital and Ten Coves Capital. Canopy is based in South Jordan, Utah, United States.

How much did Canopy raise?
Canopy raised $36.5 Million in a funding round on April 10, 2025.
Who invested in Canopy?
NewView Capital, Tenaya Capital, Pelion Venture Partners, Ankona Capital and Ten Coves Capital are named as investors in this round.
What does Canopy do?
Canopy is an accounting practice management software that simplifies your firm so you can help more clients.
Where is Canopy based and how big is it?
Canopy is based in South Jordan, Utah, United States. Fundz records about 120 employees.
Who are the decision-makers at Canopy?
Fundz holds 1 contact at Canopy, including the Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Professional Services and Document Management around the same time

Companies in the same sectors as Canopy that raised within 45 days of this round, from Fundz verified event records.

  • Crosscheck raised $450K (Pre-Seed) on May 22, 2025.
  • Instead raised an undisclosed amount on May 22, 2025.
  • Mura raised $6M (Seed) on May 20, 2025.
  • Miter raised $38M (Funding Round) on May 20, 2025.
  • Ziadah raised an undisclosed amount (Seed) on May 20, 2025.
  • Moddule raised $1.5M (Pre-Seed) on May 20, 2025.

Who to call at Canopy, and when

A new round usually means Canopy is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Canopy raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Canopy, from your own LinkedIn network

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Company Information

Company

Canopy

Location

10355 S Jordan Gateway

South Jordan, Utah, United States

About

Canopy is an accounting practice management software that simplifies your firm so you can help more clients. Canopy’s Practice Management lets you connect every element of your practice with features ranging from CRM to task automation. With our free Transcripts tool you can pull IRS transcripts in as little as 2 minutes. Everything we do revolves around improving the quality of life for accounting and tax professionals.

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Fundz sees it the moment Canopy raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsJordan R., DirectorSee plans and pricing
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ML-powered predictions for Canopy's next move

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Canopy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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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 Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.