Canopy provides innovative technology solutions such as healthcare insurance, banking, bill payment and other healthcare-related services.
Business Model: B2B
Revenue: $10M
Employees: 2-10
Address:
City: San Francisco
State: California
Zip:
Country: United States
Canopy Financial, Inc. provides technology-enabled electronic payment, account management, and investment technology platforms for health savings accounts, flexible spending accounts, and health reimbursement arrangements. It offers HealthDirect for bankers, which is a technology-enabled account management and electronic payment platform allowing financial institutions to streamline the administration of health-related spending accounts; and CareGain, a consumer-driven healthcare (CDH) solution for payers enabling health plans and third party administrators to control branding, pricing, and end-to-end CDH plan design, account management, and electronic payment. The company&s;s products incorporate plan design, expense tracking, integrated investment trading, online bill payment, ACH processing, card management systems, account management, customer service interfaces, and plan advisory capabilities. It offers its technology platforms to connect healthcare and financial services for businesses and consumers. The company was founded in 2004 and is headquartered in San Francisco, California with additional offices in Plainsboro, New Jersey; and Chicago, Illinois.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 1/2008 | Debt Financing | 1 | $15M |
GGV Capital GGV Capital GGV Capital GGV Capital |
10/2009 | Series C | 1 | $62.5M |
Spectrum Equity Spectrum Equity Spectrum Equity Spectrum Equity |
1/2009 | Debt Financing | 1 | $4M |
Western Technology Investment Western Technology Investment |
8/2008 | Series B | 1 | $8M |
Foundation Capital Foundation Capital Foundation Capital Foundation Capital |
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Announced Date | Name | Price |
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10/2008 | CareGain |
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