Articles from Canopy

Canopy, the firm-wide operating system designed to help accountants operate the accounting firm of the future, has announced a $70 million Series C funding round. Viking Global Investors–a global investment firm with over $51 billion in capital under management–led the round, with continued participation from existing investors Ten Coves Capital, Ankona Capital, Pelion Venture Partners, and Tenaya Capital.

Canopy, the leading provider of remote monitoring and management (RMM) software for connected products, has partnered with golf simulator industry leader, Full Swing, to improve the performance and reliability of Full Swing’s simulator product. Full Swing’s support and software teams use Canopy to remotely monitor, manage, and automate support processes across their global fleet of products. With the sports simulator market expected to reach $5.75 billion in 2025, Full Swing is poised to expand its market presence, and Canopy is set to extend RMM support to thousands of Full Swing golf simulators by year-end.

Canopy, the leading cloud-based practice management platform for accounting professionals, will host its annual Canopy Summit 2022, a virtual summit for accounting professionals that will take place at 1 pm EST on November 10, 2022.

Canopy, the leading cloud-based practice management platform for accounting professionals, announced that it has been named as an honoree on Inc.’s 2022 Power Partner Awards list.

A new study commissioned by Canopy, the leading cloud-based practice management platform for accounting professionals, found that accounting practitioners’ clients are typically more responsive than their own coworkers.

Canopy, the leading cloud-based practice management platform for accounting professionals, today announced the availability of new automation enhancements to its Workflow software. Canopy's Workflow automation helps firms streamline the delivery of accounting services by reducing manual, repetitive processes leading to increased efficiency and accuracy.

Canopy, the leading cloud-based practice management platform for accounting professionals, announced that its industry-leading customer success team was declared winner of the “Best in Class Contact Center (1-99 Seats)” category at the prestigious Customer Contact Week Excellence Awards.

Canopy, the most configurable platform for loan management and servicing, announced today it has joined the Visa Ready for BNPL program. Through its work with Visa solutions, Canopy enables BNPL installment payments on cards around the world. Visa’s portfolio of BNPL solutions include Visa Installments Solution (VIS), standalone credentials, as well as rails to support efficient B2B settlement. Lenders and merchants leveraging these solutions can expand acceptance, drive conversions, and streamline merchant settlement.

Canopy was honored with a Silver Stevie® Award for the Technical Innovation of the Year at organizations of up to 100 employees in The 20th Annual American Business Awards® today.

Canopy, the leading cloud-based practice management platform for accounting professionals, today announced its $35M Series BB, led by Ten Coves Capital along with significant investments from current investors NewView Capital, Pelion Partners, Tenaya Capital, and Ankona Capital. This new funding will be used to further accelerate Canopy’s mission to become the default operating system for accounting firms.

According to a new study commissioned by Canopy, the leading cloud-based practice management platform for accounting professionals, small businesses prefer accountants who use efficient technology. The study of 1,001 small businesses, found that 63% of the respondents interviewed said that their accountant doesn’t offer an online portal while 56% percent noted an online portal as an important feature. More than two-thirds of respondents (70%) said they would be interested in switching to an accountant that allows them to take photos of their documents for easy sharing.

Canopy, the leading cloud-based practice management platform for accounting professionals, today released the schedule for the Canopy Innovation Summit 2021, the company’s second virtual summit, which will take place from 1-3pm EST on November 10, 2021. Attendees will hear about innovations from accounting industry peers, insights and tools to grow accounting practices through innovative approaches, and Canopy’s roadmap.

Canopy, the leading cloud-based practice management platform for accounting professionals, announced that it has integrated with QuickBooks Online. Specifically, Canopy users will soon be able to not only sync contacts, service items and invoices, but also process payments and deposits seamlessly between the two platforms, giving accounting professionals transparency and time savings.

Canopy, the leading cloud-based practice management platform for accounting professionals, announced it has received $11 million in new funding. The round includes new investor Ankona Capital as well as existing investors NewView Capital, Pelion Venture Partners and Tenaya Capital among others. This new capital will be used to continue to build the accounting industry’s first cloud-first, mobile, modern practice suite.

Canopy, the leading cloud-based practice management platform for accounting professionals, announced that it has been part of an exclusive IRS pilot program to implement the retrieval of transcript data through a new, secure API. As a result of this collaboration, Canopy has implemented the API within its Practice Management suite in advance of the public release in June, making sure its customers have continued access to their clients’ transcript data.