Canopy

About

Canopy is a security platform that protects vehicles from theft.

Detroit,Michigan,United States
11 - 50
https://www.canopy.security

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $20M
Industries: Artificial Intelligence,Information Services,Security,Software
Founded date: Jan 1, 2022
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: SNTNL LLC.

Canopy solves theft from vehicles and revolutionizes vehicle security by building cutting-edge technology and delivering incredible experiences. They offer compelling propositions, patented cutting-edge AI technology, and a unique layer of expert monitoring from security specialists. They help vehicle owners stay one step ahead of potential threats by warning them before they happen.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

10

$153.03M

Canopy has raised a total of $153.03M in funding over 2 rounds. Their latest funding was raised on Dec 8, 2021 from a Series Unknown round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 8, 2021	Series Unknown	$35M	5	Ten Coves Capital	—	Detail
Jun 29, 2021	Series C	$11M	4	Ankona Capital Partners	—	Detail
Mar 29, 2021	Series Unknown	$22.03M	—	—	—	Detail
Dec 4, 2019	Series Unknown	$8M	3	NewView Capital	—	Detail
Dec 4, 2019	Debt Financing	$5M	—	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

10

12

Canopy is funded by 12 investors. Ten Coves Capital and New Enterprise Associates are the most recent investors.

Investor Name	Lead Investor	Funding Round
Ten Coves Capital	Yes	Series Unknown
New Enterprise Associates	Yes	Series B
Nyca Partners	Yes	Series B
Ankona Capital Partners	—	Series Unknown
NewView Capital	—	Series Unknown
Pelion Venture Partners	—	Series Unknown
Tenaya Capital	—	Series Unknown
EPIC Ventures	—	Series Unknown
University Growth Fund	—	Series Unknown
Wells Fargo Strategic Capital	—	Series Unknown