Canopy Tax

SoftwareSeries CSouth Jordan, USgetcanopy.com

Latest round

Series C

Last raised

Apr 2025

Total raised

$182M

Investors

12

About Canopy Tax

Based in Utah, US, and founded in 2014 by Kurt Avarell JD, Canopy Tax, Inc. operates as a provider of an accounting practice management software platform that offers client management, document management, and billing solutions to CPAs and bookkeeping firms. In April 2025, Canopy Tax, Inc. The company provides an accounting practice management platform that offers workflow, billing, and document management solutions. The platform's services include client engagement, document management, workflow optimization, and time and billing management. Moreover, the firm offers solutions such as engagement proposals, tax resolution, and transcript tools. Additionally, the company also provides services such as client portals, integrated eSignatures, and secure links. The company generates its revenue from subscriptions to its platform packages, including Client Engagement, priced at USD 0 per month for up to 250 clients. Additional packages include Document Management at USD 40 per user per month, Workflow at USD 35 per user per month, and Time and Billing at USD 25 per user per month.

Who invested in Canopy Tax

12 investors across 9 rounds

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Funding rounds

  1. Series C

    Apr 10, 2025

    Amount

    $36M

    Investors

    Locked

  2. Series B

    Apr 25, 2024

    Amount

    $20M

    Investors

    Locked

  3. Series B

    Nov 19, 2021

    Amount

    $37M

    Investors

    Locked

  4. Series A

    Mar 17, 2021

    Amount

    $17M

    Investors

    Locked

  5. Series C

    May 17, 2018

    Amount

    $14M

    Investors

    Locked

  6. Series C

    Mar 16, 2018

    Amount

    $28M

    Investors

    Locked

  7. Series B

    Mar 10, 2017

    Amount

    $20M

    Investors

    Locked

  8. Series A

    Jun 23, 2015

    Amount

    $8M

    Investors

    Locked

  9. Seed

    Jul 23, 2014

    Amount

    $2M

    Investors

    Locked

Questions about Canopy Tax

Who invested in Canopy Tax?

Canopy Tax has 12 investors on record across 9 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Canopy Tax raised?

Canopy Tax has raised 9 venture rounds. Sign up free to see how much each round raised and the total.

When did Canopy Tax last raise money?

Canopy Tax's most recent round on record is a Series C, in Apr 2025.

What does Canopy Tax do?

Based in Utah, US, and founded in 2014 by Kurt Avarell JD, Canopy Tax, Inc.

Where is Canopy Tax headquartered?

Canopy Tax is headquartered in South Jordan, US.

Which VCs invest in companies like Canopy Tax?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Canopy Tax's stage. Their profiles are linked below.

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