Canopy Labs Closes $1.5M Funding

Canopy Labs Inc., a Toronto, Canada-based company that provides mid-sized businesses with tools to build predictive customer models to prioritize sales leads and identify high-value customers, has closed a $1.5m funding.

The round was led by the BDC Venture Capital IT Fund with participation from Peter Thiel‘s Valar Ventures and other angel investors.

The company, which is a recent graduate of the Y Combinator program, intends to use the funds to scale operations and launch new analytics products.

Led by CEO Wojciech Gryc and CSO Jorge Escobedo, Canopy Labs provides a SaaS platform that allows marketing and sales analysts to get insights into customer data (from email, social media, voicemail and call center recordings) and then personalize their sales experience and increase revenue.



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