Funding Received
$89.5 Million in 4 Rounds from 4 Investors
Most Recent Funding
$62.5 Million Series C on October 1, 2009
San Francisco, CA
Canopy provides innovative technology solutions such as healthcare insurance, banking, bill payment and other healthcare-related services.
Vikram Kashyap, Anthony Banas, Jeremy Blackburn

Company Details


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 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.

Past Team (4)


Funding Rounds (4) - $62.5M


Acquisitions (1)


Investors (4)

  • Abcf78ef664c2f324560c950cadfbe33

    Spectrum Equity

    Spectrum is a private equity investor in companies leading the information economy. Founded in...
  • 9e0e0603cb293f725ae67f9a95ec0a09

    Western Technology Investment

    Debt for growth companies
  • B57a8f59171bdcc47688b1d1a71e648a

    Foundation Capital

    Foundation Capital is an investment firm run primarily by entrepreneurs. Each partner left a...
  • E71004e2bbf67019f8b6f6b2c22a3042

    GGV Capital

    GGV Capital is a $2.2 billion multi-stage venture capital firm based in Silicon Valley (Menlo...

Offices/Locations (1)

  • HQ

    201 Spear St.

    Suite 1600

    San Francisco, CA 94105


Images (1)

  • Fd65ab6ee1d2d6ba4fc98f5d1b41eb93