Canopy Labs
| Company type | Private |
|---|---|
| Industry | Customer analytics, Software as a service (SaaS) |
| Founded | 2012 |
| Founder | Wojciech Gryc, Jorge Escobedo |
| Headquarters | Toronto , Canada |
Area served | Enterprises and organizations |
Key people | Wojciech Gryc, Jorge Escobedo |
| Products | Marketing analytics platform |
| Parent | Drop Technologies |
Canopy Labs is a customer analytics firm based in Toronto, Canada, with an additional office located in San Francisco. Established in 2012, the company provides SaaS solutions focused on marketing analytics tailored for enterprises and organizations. It participated in the Y Combinator accelerator program. Canopy Labs was later acquired by Drop.
History
Founded in 2012 in Thornhill, Ontario by Wojciech Gryc and Jorge Escobedo, Canopy Labs brought together Gryc, a Loran Scholar, Rhodes Scholar, and former consultant at McKinsey, with Escobedo, who previously conducted PhD research at the Perimeter Institute and the University of Waterloo.
That same year, the company joined the Silicon Valley-based Y Combinator startup accelerator. After returning to Toronto, Canopy Labs secured $1.5 million in seed capital from investors including BDC Venture Capital's IT Fund, Peter Thiel's Valar Ventures, as well as various angel investors.
In March 2015, Canopy Labs introduced a platform designed to assist companies in monitoring and enhancing customer journeys and sales funnels.
The company was acquired by the customer loyalty enterprise Drop Technologies in 2018.