Canopy raises $2 mn led by High Alpha Capital and Elevate Ventures

Canopy, a revenue intelligence software-as-a-service (SaaS) platform, announced $2 million in seed funding — led by High Alpha Capital and Elevate Ventures with participation from IU Ventures and Service Provider Capital.
Canopy revenue intelligence software-as-a-service (SaaS) platformPat Rodgers is the CEO and co-founder of Canopy.

Sales managers use Canopy to connect the disparate data that lives in their tech stack. Canopy’s Signals feature uses artificial intelligence and machine learning to uncover actionable insights around forecasting, coaching and analytics.

With these insights, the platform can identify and alert sales and revenue leaders to risks and opportunities that may impact their pipeline. Canopy has built integrations with Salesforce, HubSpot’s Sales Hub and Slack to provide sales managers with a 360-degree view of their sales teams’ pipelines.

Canopy will use the funding to scale product development, build additional integrations and grow its sales and marketing teams.