Canopy Connect logo

Canopy Connect

The fastest way to collect and monitor insurance information.

33 employees · est. 2020 · San Francisco, United States

VS
Open logo

Open

Embedded insurance for the largest and fastest-growing brands in Australia, New Zealand and the UK.

142 employees · est. 2016 · Australia

Open is the older company (2020 vs 2016); Open is the larger of the two.

Side-by-Side Comparison

Canopy Connect Open
Founded
2020 2016 older
Headquarters
San Francisco, United States Australia
Employees
33 142 larger
Industry
API, Fintech, Insurance Financial Services, Fintech, Insurance
Funding Stage
Series A Series B
Total Funding
$6.50M $58.85M
Funding Rounds
2 4
Services
Insurance Verification API, Data Intake Platform, Policy Paste, Insurance Data Transfer Not tracked yet
Target Customers
Insurance Agencies, Insurance Brokers and Agents, Insurance Carriers, Mortgage Lenders, Auto Finance Companies, Loan Servicers, Car Dealers, Fleet Managers, Rideshare Companies Not tracked yet
Taxonomy
Insurtech, Insurance Data Infrastructure, API Integrations, Consumer Data Access, Insurance Aggregation, Sales Enablement, Embedded Insurance, Insurance Verification, CRM Integration, Insurance Agency Software, Lending Ecosystem Integration, Zapier App Integration, Automated Data Collection, Insurance Marketplace Support, Commercial Insurance Data Embedded Insurance, Data-driven Insurance, Partnerships, Car Insurance, Home Insurance, Travel Insurance, Landlords Insurance, Cyber Insurance, Life Insurance, Data-rich Brands, Bupa, Polestar, Telstra, Startup, Insurtech
Website
usecanopy.com beopen.com
Canopy Connect logo

About Canopy Connect

Canopy Connect, founded in 2020 and headquartered in the United States, is redefining insurance data collection with its efficient, user-friendly solutions. Positioned within the API, Fintech, Insurance, Insurtech, and Lending and Investments sectors with a focus on Car insurance, the company is cre...

Open logo

About Open

Open is an insurtech startup founded in 2016 and headquartered in Australia. The company aims to provide embedded insurance for the largest and fastest-growing brands in Australia, New Zealand, and the UK, positioning itself as the car, home, and travel insurance partner for these brands. With a foc...

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BounceWatch watches Canopy Connect and Open for new funding, fast hiring, new executives and a change of software vendor. When one happens, we email you the same day.

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Funding, hiring, leadership and stack changes at Canopy Connect and Open — by email.

Frequently Asked Questions

Canopy Connect — The fastest way to collect and monitor insurance information.. Open — Embedded insurance for the largest and fastest-growing brands in Australia, New Zealand and the UK.. Both companies operate in related markets but may differ in funding stage, team size, and product focus.
Canopy Connect has raised $6.50M while Open has raised $58.85M.
Canopy Connect and Open operate in overlapping markets and are frequently compared. Track both companies on Bounce Watch to monitor their growth signals in real time.

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Compiled from the BounceWatch company index. We last looked at Canopy Connect on 11 Jul 2025, and Open on 12 Sep 2024. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.

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