Software company in Canada
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Canopy Labs is a customer analytics company headquartered in Toronto, Ontario , Canada, with offices in San Francisco .[ 1] It was founded in 2012 and offers SaaS marketing analytics for businesses and organizations.[ 2] [ 3] The company is an alumnus of the Y Combinator accelerator program.[ 4] Canopy Labs was acquired by Drop .[ 5]
History
Canopy Labs was founded in 2012 in Thornhill, Ontario by Wojciech Gryc and Jorge Escobedo.[ 6] Gryc is a Loran Scholar , Rhodes Scholar and former McKinsey consultant, and Escobedo is a former PhD researcher at the Perimeter Institute and University of Waterloo .[ 7] [ 8]
In 2012, the company joined the Y Combinator start-up acceleration program in Silicon Valley as part of the 2012 Summer Class.[ 4] [ 9] The company returned to Toronto in 2012, raising $1.5 million in seed funding from BDC Venture Capital's IT Fund , Peter Thiel's Valar Ventures , and a number of angel investors.[ 6] [ 10]
In March 2015, the company announced the launch of its new Canopy Labs platform, focused on helping businesses to track and optimize customer journeys and purchase funnels .[ 11]
In 2018, Canopy Labs was acquired by customer loyalty company Drop Technologies .[ 12]
References
^ Parmar, Neil. "Startups Mine 'Big Data' Too" . Entrepreneur.com. Retrieved May 1, 2014 .
^ Ha, Anthony. Y Combinator-Backed Canopy Labs Unveils A Self-Serve Approach To Customer Modeling TechCrunch. August 7, 2012.
^ Techvibes. Canadian Startup Canopy Labs Reaches Milestone, Launches New Website Techvibes. May 31, 2013.
^ a b Taylor, Colleen (August 21, 2012). "Y Combinator S12 Demo Day" . TechCrunch.
^ Golang, Jessica (November 15, 2018). "Drop acquires predictive analytics company Canopy Labs" . Betakit.
^ a b Acharya-Tom Yew, Madhavi. Thornhill start-up Canopy Labs raises $1.5 million in venture capital funding The Toronto Star. December 12, 2012.
^ Dobby, Christine. Startup Roundup: Canopy Labs raises $1.5M, CN Tower elevator pitches and Ottawa’s new incubator Financial Post. December 14, 2012.
^ Tossell, Ivor. Want to keep tabs on your customers? Big Data can help The Globe and Mail. April 9, 2012.
^ Lorinc, John. "Big Data for the Little Guys" . UTSC Commons. Retrieved Apr 24, 2014 .
^ "Canopy Labs Raises $1.5M To Make Customer Analytics More Accessible – TechCrunch" . techcrunch.com . Retrieved 2018-06-25 .
^ Ha, Anthony. "Canopy Labs Relaunches To Help Businesses Understand Their "Fuzzy" Customer Funnels" . TechCrunch. Retrieved Mar 11, 2015 .
^ Galang, Jessica (November 15, 2018). "Drop Acquires Predictive Analytics Company Canopy Labs" . Betakit . Retrieved August 26, 2021 .
External links