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Canopy - About the company

Canopy is a series B company based in Palo Alto (United States), founded in 2019 by Shan Sinha, Hemanth Meenakshisundaram and Vinay Pulim. It operates as a Provider of a connected safety platform for healthcare organizations. Canopy has raised $22M in funding from ACME and 111 West Capital. The company has 7582 active competitors, including 216 funded and 617 that have exited. Its top competitors include companies like Fujifilm, Access Healthcare and Heartland Dental.

Company Details

Provider of a connected safety platform for healthcare organizations. The platform offers tools for staff support, real-time alerts, and safety culture improvement. It combines technology, real-time notifications, and service to support staff and help leaders build safety. The platform includes tools for requesting help, widespread coverage, informed response, and end-to-end service. It adapts to the tasks and priorities of each role, offering support.
Key Metrics
Founded Year
2019
Location
Palo Alto, United States
Stage
Series B
Total Funding
$22M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
90 as on Oct 31, 2026
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Canopy's funding and investors

Canopy has raised a total funding of $22M over 2 rounds. Its first funding round was on 2025. Its latest funding round was a Series B round on Jan 08, 2026 for $*****. 2 investors participated in its latest round. Canopy has 4 institutional investors.

Here is the list of recent funding rounds of Canopy:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 08, 2026
2415902
Series B
2808834
1833944
7273878
6306429
2025
7074
Series A
2521
5018
9627
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Canopy's founders and board of directors

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The founders of Canopy are Shan Sinha, Hemanth Meenakshisundaram and Vinay Pulim. Shan Sinha is the CEO of Canopy.
Here are the details of Canopy's key team members:

Canopy's employee count trend

Canopy has 90 employees as of Oct 26. Here is Canopy's employee count trend over the years:
Employee count trend for Canopy
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Canopy's Competitors and alternates

Top competitors of Canopy include Fujifilm, Access Healthcare and Heartland Dental. Here is the list of Top 10 competitors of Canopy, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Fujifilm
Fujifilm
1934, Germany, Acquired
Developer of healthcare, electronics, and imaging solutions for various applications
-
77/100
2nd
Logo for Access Healthcare
Access Healthcare
2011, Chennai (India), Series A
Provider of revenue cycle management, BPO, IT, and finance and accounting services
$215M
66/100
3rd
Logo for Heartland Dental
Heartland Dental
1997, Effingham (United States), Acquired
Provider of healthcare consulting services
$1.57M
65/100
4th
Logo for Sagility
Sagility
2021, Atlanta (United States), Public
Provider of healthcare business process outsourcing, revenue cycle management, and technology solutions
-
 
58/100
5th
Logo for Performant Financial
Performant Financial
1976, Livermore (United States), Public
Provider of recovery solutions for government obligations
-
57/100
6th
Logo for Ilant Health
Ilant Health
2022, New York City (United States), Series A
Value-based obesity treatment company focused on increasing access to treatment while reducing total cost of care for employers and payors
$22M
56/100
7th
Logo for Convey Health
Convey Health
2001, Sunrise (United States), Public
Provides healthcare technology and business process outsourcing solutions
-
56/100
8th
Logo for Adeptus Health
Adeptus Health
2002, Irving (United States), Public
Provider of medical care
$27.5M
56/100
9th
Logo for AmplifyMD
AmplifyMD
2021, Los Gatos (United States), Series B
Platform connecting specialists, record & flow management, and analytics & optimization services for healthcare providers
$20M
55/100
10th
Logo for Rennova Health
Rennova Health
1989, West Palm Beach (United States), Acquired
Provider of software solutions for laboratory diagnostics to the healthcare industry
$8.59M
-
55/100
40th
Logo for Canopy
Canopy
2019, Palo Alto (United States), Series B
Provider of a connected safety platform for healthcare organizations
$22M
55/100
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Canopy's Investments and acquisitions

Canopy has made no investments or acquisitions yet.

Reports related to Canopy

Here is the latest report on Canopy's geography:

News related to Canopy

Media has covered Canopy for a total of 3 events in the last 1 year, 2 of them have been about company updates.
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