# Canopy funding: rounds and investors

> Canopy has raised $307M across 15 rounds since 2014. Investors include GSR, Pelion Venture Partners and Y Combinator. Every round with its source.

Source: https://millionrounds.com/company/canopy (Millionrounds; every figure on the page links to its filing or article)

United States · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Canopy*

15 rounds we have observed, with the 43 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

B2B Big Data & Analytics Biotech Professional Services

Raised 12 months ago

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Funding summary Updated 5 Nov 2026

**$307M** raised across 15 rounds since 2014, from 15 sources

**$70M** Series C **$100M** Round

- **Latest round:** Seed, $695K Nov 2025
- **Biggest round:** $100M Round · Jul 2025
- **Investors:** 43

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2014 2016 2018 2020 2022 2024

**$410K** Seed

**$1.5M** Seed

**$30M** Round

**$42M** Round

**$4.0M** Round

**$13M** Round

**$18M** Venture

**$15M** Series A

**$4.0M** Seed

**$1.2M** Seed

**$70M** Series C

**$695K** Seed

- **First round:** Seed, $410K
- **Biggest round:** $100M
- **Usual gap between rounds:** 5 months

## The rounds

- **Nov 2025** Seed **$695K** *2 new* [Smilegate Investment](https://millionrounds.com/fund/smilegate-investment) [CNTTECH](https://millionrounds.com/fund/cnttech) Source recorded
- **Jul 2025** Round **$100M** *2 new* [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [Cloud9 Capital](https://millionrounds.com/fund/cloud9-capital) Reported by LatamList SEC filing: $36M sold, first sale Apr 2025
- **Apr 2025** Series C **$70M** *5 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Nyca Partners](https://millionrounds.com/fund/nyca-partners) [Epic Ventures](https://millionrounds.com/fund/epic-ventures-2) [Viking Global](https://millionrounds.com/fund/viking-global-investors) Source recorded
- **Jan 2025** Seed **$1.2M** *3 new* *1 returning* [Citibank](https://millionrounds.com/fund/citi) [GSR](https://millionrounds.com/fund/gsr) [Side Door Ventures](https://millionrounds.com/fund/side-door-ventures) [Mechanism Capital](https://millionrounds.com/fund/mechanism-capital) Source recorded
- **Nov 2023** Seed **$4.0M** *2 new* [Village Global](https://millionrounds.com/fund/village-global-2) [Kindred Ventures](https://millionrounds.com/fund/kindred-ventures) Source recorded
- **Oct 2023** Series A **$15M** *5 new* [BoxGroup](https://millionrounds.com/fund/boxgroup) [Canaan](https://millionrounds.com/fund/canaan-partners) [Foundation Capital](https://millionrounds.com/fund/foundation-capital) [Infinity Ventures](https://millionrounds.com/fund/infinity-ventures) [Homebrew](https://millionrounds.com/fund/homebrew) Source recorded
- **Mar 2022** Venture **$18M** *2 new* [GSR](https://millionrounds.com/fund/gsr) [Samsung Next](https://millionrounds.com/fund/samsung-next) Source recorded
- **Dec 2019** Round **$13M** *2 new* *1 returning* [Pelion Venture Partners](https://millionrounds.com/fund/pelion-venture-partners) [Tenaya Capital](https://millionrounds.com/fund/tenaya-capital) [NewView Capital](https://millionrounds.com/fund/newview-capital) Reported by FinSMEs
- **Jun 2019** Round **$4.0M** *3 new* [Experian Ventures](https://millionrounds.com/fund/experian-ventures) [West Hill Capital](https://millionrounds.com/fund/west-hill-capital) Vision Blue Solutions Reported by EU-Startups
- **Sept 2018** Series A **$4.8M** *2 new* [Seeds Capital](https://millionrounds.com/fund/seeds-capital) Dymon Asia Ventures Reported by FinSMEs
- **May 2018** Series A **$2.4M** *5 new* [BioGenerator](https://millionrounds.com/fund/biogenerator) [Archangels](https://millionrounds.com/fund/archangels) [PinPoint](https://millionrounds.com/fund/pinpoint) Greenleaf Kingdom/ The Missouri Technology Corporation Reported by FinSMEs SEC filing: $27M sold, first sale May 2018
- **May 2018** Round **$42M** *2 new* NEA/ Tenaya Nyca Reported by FinSMEs SEC filing: $27M sold, first sale May 2018
- **Mar 2018** Round **$30M** *4 new* [Pelion Venture Partners](https://millionrounds.com/fund/pelion-venture-partners) [EPIC (Exponential Positive Impact Capital)](https://millionrounds.com/fund/epic-exponential-positive-impact-capital) [University Growth Fund](https://millionrounds.com/fund/university-growth-fund) NEA/ Wells Fargo Reported by FinSMEs SEC filing: $27M sold, first sale May 2018
- **Sept 2015** Seed **$1.5M** *4 new* [Great Oaks Venture Capital](https://millionrounds.com/fund/great-oaks-venture-capital) [IDEA Fund Partners](https://millionrounds.com/fund/idea-fund-partners) [Cofounders Capital](https://millionrounds.com/fund/cofounders-capital) [Lowe's Ventures](https://millionrounds.com/fund/lowe-s-ventures) From a historical funding record
- **Sept 2014** Seed **$410K** No investor was named in the report. From a historical funding record SEC filing: $80K sold, first sale Aug 2014

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2019 **Venture** 2022 **Series A** 2023 **Seed** 2023 **Seed** 2025 **Series C** 2025 **Round** 2025 **Seed** 2025 [GSR](https://millionrounds.com/fund/gsr) [Pelion Venture Partners](https://millionrounds.com/fund/pelion-venture-partners) [Y Combinator](https://millionrounds.com/fund/y-combinator) [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) [BoxGroup](https://millionrounds.com/fund/boxgroup) [Canaan](https://millionrounds.com/fund/canaan-partners) [Citibank](https://millionrounds.com/fund/citi) [Foundation Capital](https://millionrounds.com/fund/foundation-capital) [Great Oaks Venture Capital](https://millionrounds.com/fund/great-oaks-venture-capital)

## Everyone who backed them

[GSR](https://millionrounds.com/fund/gsr) VC firm **2** rounds

[Pelion Venture Partners](https://millionrounds.com/fund/pelion-venture-partners) VC firm **2** rounds

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) VC firm **1** round

[Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) VC firm **1** round

[BoxGroup](https://millionrounds.com/fund/boxgroup) VC firm **1** round

[Canaan](https://millionrounds.com/fund/canaan-partners) VC firm **1** round

[Citibank](https://millionrounds.com/fund/citi) Growth equity **1** round

[Foundation Capital](https://millionrounds.com/fund/foundation-capital) VC firm **1** round

[Great Oaks Venture Capital](https://millionrounds.com/fund/great-oaks-venture-capital) VC firm **1** round

[Samsung Next](https://millionrounds.com/fund/samsung-next) Corporate VC **1** round

[Village Global](https://millionrounds.com/fund/village-global-2) VC firm **1** round

[Infinity Ventures](https://millionrounds.com/fund/infinity-ventures) VC firm **1** round

[Nyca Partners](https://millionrounds.com/fund/nyca-partners) VC firm **1** round

[Tenaya Capital](https://millionrounds.com/fund/tenaya-capital) VC firm **1** round

[Smilegate Investment](https://millionrounds.com/fund/smilegate-investment) Growth equity **1** round

[Homebrew](https://millionrounds.com/fund/homebrew) VC firm **1** round

[Kindred Ventures](https://millionrounds.com/fund/kindred-ventures) VC firm **1** round

[Epic Ventures](https://millionrounds.com/fund/epic-ventures-2) VC firm **1** round

[Seeds Capital](https://millionrounds.com/fund/seeds-capital) VC firm **1** round

[Viking Global](https://millionrounds.com/fund/viking-global-investors) VC firm **1** round

[CNTTECH](https://millionrounds.com/fund/cnttech) Accelerator **1** round

[Side Door Ventures](https://millionrounds.com/fund/side-door-ventures) VC firm **1** round

[BioGenerator](https://millionrounds.com/fund/biogenerator) Venture studio **1** round

[Mechanism Capital](https://millionrounds.com/fund/mechanism-capital) VC firm **1** round

[IDEA Fund Partners](https://millionrounds.com/fund/idea-fund-partners) VC firm **1** round

[Archangels](https://millionrounds.com/fund/archangels) Angel network **1** round

[NewView Capital](https://millionrounds.com/fund/newview-capital) VC firm **1** round

[EPIC (Exponential Positive Impact Capital)](https://millionrounds.com/fund/epic-exponential-positive-impact-capital) VC firm **1** round

[Cofounders Capital](https://millionrounds.com/fund/cofounders-capital) VC firm **1** round

[Experian Ventures](https://millionrounds.com/fund/experian-ventures) Corporate VC **1** round

[Lowe's Ventures](https://millionrounds.com/fund/lowe-s-ventures) Corporate VC **1** round

[West Hill Capital](https://millionrounds.com/fund/west-hill-capital) Private equity **1** round

[Cloud9 Capital](https://millionrounds.com/fund/cloud9-capital) VC firm **1** round

[University Growth Fund](https://millionrounds.com/fund/university-growth-fund) VC firm **1** round

[PinPoint](https://millionrounds.com/fund/pinpoint) VC firm **1** round

Dymon Asia Ventures no record of our own yet **1** round

Greenleaf no record of our own yet **1** round

Kingdom/ The Missouri Technology Corporation no record of our own yet **1** round

NEA/ Tenaya no record of our own yet **1** round

NEA/ Wells Fargo no record of our own yet **1** round

Nyca no record of our own yet **1** round

Vision Blue Solutions no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=canopy).

## Quick answers about Canopy

### Who invested in Canopy?

Canopy's investors include GSR, Pelion Venture Partners, Y Combinator, New Enterprise Associates and Bessemer Venture Partners, and 38 more on record.

### How much has Canopy raised?

Canopy has raised $307M across 15 rounds since 2014.

### When did Canopy last raise?

Canopy's most recent round was a Seed of $695K in Nov 2025.

### What was Canopy's biggest round?

Canopy's largest round on record is $100M, in Jul 2025.

### Who backed Canopy first?

Canopy's first round on record, in Sept 2015, was backed by Great Oaks Venture Capital, IDEA Fund Partners and Cofounders Capital and 1 others.

### What stage is Canopy at?

Canopy's latest named round is a Seed, in Nov 2025.

### Where is Canopy based?

Canopy is based in the United States.

## Companies like Canopy

In the same sector, and raised in the last eighteen months.

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