| Canopy Labs | |
| Successor: | Drop |
| Foundation: | 2012 |
| Location City: | Toronto, Ontario, Canada |
| Founder: | Wojciech Gryc Jorge Escobedo |
| Industry: | Computer software |
| Homepage: | www.canopylabs.com |
Canopy Labs is a customer analytics company headquartered in Toronto, Ontario, Canada with offices in San Francisco.[1] It was founded in 2012 and offers SaaS marketing analytics for businesses and organizations.[2] [3] The company is an alumnus of the Y Combinator accelerator program.[4] Canopy Labs was acquired by Drop.[5]
Canopy Labs was founded in 2012 in Thornhill, Ontario by Wojciech Gryc and Jorge Escobedo.[6] Gryc is a Loran Scholar, Rhodes Scholar and former McKinsey consultant, and Escobedo is a former PhD researcher at the Perimeter Institute and University of Waterloo.[7] [8]
In 2012, the company joined the Y Combinator start-up acceleration program in Silicon Valley as part of the 2012 Summer Class.[9] The company returned to Toronto in 2012, raising $1.5 million in seed funding from BDC Venture Capital's IT Fund, Peter Thiel's Valar Ventures, and a number of angel investors.[10]
In March 2015, the company announced the launch of its new Canopy Labs platform, focused on helping businesses to track and optimize customer journeys and purchase funnels.[11]
In 2018, Canopy Labs was acquired by customer loyalty company Drop Technologies.[12]