Canopy Raises $11M in Funding
- Canopy, a Lehi, Utah-based cloud-based practice management platform for accounting professionals, raised $11m in funding
- The round includes new investor Ankona Capital as well as existing investors NewView Capital, Pelion Venture Partners and Tenaya Capital among others
- The company intends to use the funds to continue to build its cloud-first, mobile, modern practice suite
- Led by Davis Bell, CEO, The company provides cloud-based practice management software to thousands of accounting professionals nationwide
- Committed to data security, its solutions are SOC2 certified and data encrypted to ensure personal information is secure
