South Jordan, United States
Canopy, founded in 2014, positions itself as the leading cloud-based practice management platform for accounting firms. Its slogan, "The #1 Cloud-Based Practice Management Platform.", encapsulates its comprehensive offerings, which include client management, document administration, time reporting, and workflow automation.
The platform is an all-in-one solution that centralizes operations, enhances client satisfaction, and promotes firm growth. Users, ranging from solo practitioners to multi-office teams, benefit by replacing up to 14 separate tools, reducing onboarding time by 50%, and achieving faster scaling with fewer resources. Renowned industry sources such as CPA Practice Advisor and G2 have endorsed Canopy's leadership in the field.
Located in the United States, Canopy recently secured a $35.00M Series C round in May 2024. This round included significant contributions from Pelion Venture Partners, Ankona Capital, Tenaya Capital, New View Capital, and Ten Coves Capital, empowering Canopy to continue its forward-thinking innovation in the accounting sector.
