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Canopy (Business/Productivity Software)

Business/Productivity Software · South Jordan, UT · Founded 2014 · Privately Held (backing)

Developer of a practice management software suite designed to streamline processes for accounting firms. Canopy (Business/Productivity Software) is based in South Jordan, UT and was founded in 2014. It was valued at $225 million at its later-stage round in Apr 2025, the last priced event on record. It has raised $245 million across 1 recorded round; the latest was a $70 million Series C in Apr 2025.

PMV mark · valuation
$225.0M
Oct 2026
Priced at
its later-stage round
Apr 2025
Total raised
$245.4M
Last round
Later Stage VC (Series C)
Apr 2025

Canopy (Business/Productivity Software) key facts

as of Oct 2026
  • Developer of a practice management software suite designed to streamline processes for accounting firms.
  • Canopy (Business/Productivity Software) is valued at approximately $225.0M as of Oct 2026, set at its later-stage round, Apr 2025; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $245.4M across 1 recorded rounds; the latest was Later Stage VC (Series C) ($70.0M) in Apr 2025.
  • Notable investors include Viking Global Investors, Pelion Venture Partners, NewView Capital, EPIC Ventures, Wells Fargo Strategic Capital — 11 tracked in total.
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$225.0M

Valued at $225.0M at its later-stage round, Apr 2025. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Canopy (Business/Productivity Software) funding rounds

1 rounds
Apr 2025Later Stage VC (Series C)$70.0M▮
Full funding history →

Canopy (Business/Productivity Software) valuation

Canopy (Business/Productivity Software) was valued at $225 million at its later-stage round in Apr 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Canopy (Business/Productivity Software) raised?

Canopy (Business/Productivity Software) has raised $245 million in total; 1 of its rounds is on record. The largest on record was a $70 million Series C in Apr 2025.

Canopy (Business/Productivity Software) investors

11 investors are on record for Canopy (Business/Productivity Software), including Viking Global Investors, Pelion Venture Partners, NewView Capital and EPIC Ventures. By type, the record holds 4 venture capital firms and 1 asset manager. The Series C in Apr 2025 drew 4 investors.

Comparable companies

Comparable business/productivity software names by valuation on PrivateMarketView: WeaveGrid ($235 million), Antithesis ($215 million) and NetBox Labs ($215 million).

About Canopy (Business/Productivity Software)

Developer of a practice management software suite designed to streamline processes for accounting firms. The company offers client management, document management, workflow and billing management services, enabling firms to keep their teams organized, increase return on investment and create a connected client experience.

Industry
Business/Productivity Software
Sector
Information Technology
HQ
South Jordan, UT, United States
Founded
2014
Employees
290
Ownership
Privately Held (backing)

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