Ten Cove Capital leads USD35m Series B Funding round in Canopy

Ten Coves Capital has led a USD35 million Series B round in Canopy, a cloud-based practice management platform for accounting professionals.

Current investors NewView Capital, Pelion Partners, Tenaya Capital, and Ankona Capital also made significant investments with the funding set to be used further accelerate Canopy’s mission to become the ”default operating system for accounting firms.