Canopy revenue hit $11.1M in 2024

Canopy generates revenue from customers

Canopy

Draper, Utah, United States

About Company RevenueFundingTeamFounder/CEOCEO Net Worth

How Canopy hit $11.1M revenue with a 187 person team in 2023.

Canopy creates tax and accounting software that simplifies your practice so you can help more clients. Canopy's Practice Management lets you connect every element of your practice with features ranging from CRM to project management. Our Tax Resolution lets you shave hours off every case with smart automation and instant calculations. With our free Transcripts tool you can pull IRS transcripts in as little as 2 minutes. With our Notices tool you can quickly get up to speed on specific IRS notice requirements and follow a detailed path to resolution.

Founded

2014

Founded

Revenue

$11.1M

2023 Revenue

YOY

32.8%

YOY

Funding

$153M

Funding

Canopy Revenue

In 2023, Canopy revenue run rate hit $11.1M in revenue.

  • 2023

    Canopy hit $11.1M in revenue in 2023

  • 2021

    Canopy hit $6.7M in revenue in 2021

  • 2014

    Canopy launched in 2014 with $0 revenue

Canopy Funding History

  • 2021 Venture Round

    Canopy raised a Venture Round of in December, 2021

  • 2021 Venture Round

    Canopy raised a Venture Round of in March, 2021

  • 2021 Series C

    Canopy raised a Series C of in March, 2021

  • 2019 Debt Financing

    Canopy raised a Debt Financing of in December, 2019

  • 2019 Venture Round

    Canopy raised a Venture Round of in December, 2019

  • 2018 Series B

    Canopy raised a Series B of in May, 2018

  • 2018 Venture Round

    Canopy raised a Venture Round of in March, 2018

  • 2017 Series B

    Canopy raised a Series B of in March, 2017

  • 2015 Series A

    Canopy raised a Series A of in June, 2015

  • 2014 Seed Round

    Canopy raised a Seed Round of in July, 2014

FUNDING DATE ROUND AMOUNT VALUATION
December, 08 2021 Venture Round
March, 29 2021 Venture Round
March, 29 2021 Series C
December, 04 2019 Debt Financing
December, 04 2019 Venture Round
May, 16 2018 Series B
March, 27 2018 Venture Round
March, 13 2017 Series B
June, 23 2015 Series A
July, 23 2014 Seed Round

Team

Canopy has 187 total employees.

DISTRIBUTION QTY
Total team size 187

Founder / CEO

Davis Bell

Joining Canopy in 2019, Davis has held critical leadership roles in strategy, operations, and finance. He specializes in creating and managing new products and businesses from scratch to scale.

Q&A

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Customers

Churn

Canopy Executives

Name Position Working Email Personal Email
Davis Bell CEO [email protected] -

Canopy Employees

Name Position Working Email Personal Email
Davis Bell CEO [email protected] -

Frequently Asked Questions about Canopy

  • When was Canopy founded?

    Canopy was founded in 2014.

  • How much revenue does Canopy generate?

    Canopy generates $11.1M in revenue.

  • Who is the CEO of Canopy

    The CEO of Canopy is Davis Bell.

  • How much funding does Canopy have?

    Canopy raised $153M.

  • How many employees does Canopy have?

    Canopy has 187 employees.

  • Where is Canopy headquarters?

    Canopy is headquartered at Draper, Utah, United States

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