Canopy raises $15M Series A after posting 4.5x customer growth in H1 2021

Canopy Servicing announced this morning it recently closed a $15 million Series A. The startup sells software to fintechs and others, allowing customers to create loan programs and service the resulting products. The company raised a $3.5 million seed round in 2020. Canaan led its Series A, with participation from Homebrew, Foundation and BoxGroup, among others. Per Canopy, its valuation grew by 5x from its seed round to its Series A. The company has raised $18.5 million to date. So far this reads much like any other post announcing a…

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