<div>
  <p>
  </p>
  <ul>
    <li>
      <p>
        Canopy Servicing, a loan servicing infrastructure provider, has raised USD 15.2 million in Series A1 funding co-led by Foundation and Infinity Ventures, with participation from Canaan, Homebrew, and others. Canopy's total funding now stands at USD 30.2 million, with a post-money valuation of USD 50.2 million.
      </p>
    </li>
    <li>
      <p>
        The company has earmarked the funds to support its revenue growth target of achieving an annual recurring revenue of USD 10 million over the next 15 months.
      </p>
    </li>
    <li>
      <p>
        <b>Analyst QuickTake: </b>
        The lending-as-a-service space has seen several disruptors raise funding in recent months, with 
        <a href="https://sp-edge.com/companies/2194464">
          Kennek
        </a>
         raising 
        <a href="https://sp-edge.com/updates/22606">
          USD 12.5 million in seed funding
        </a>
         (this month), 
        <a href="https://sp-edge.com/companies/1116434">
          Momnt
        </a>
         raising 
        <a href="https://sp-edge.com/updates/21588">
          USD 15 million in funding
        </a>
         (last month), and 
        <a href="https://sp-edge.com/companies/783779">
          Rightfoot
        </a>
         raising 
        <a href="https://sp-edge.com/updates/20926">
          USD 15 million in Series A
        </a>
         (two months ago).&nbsp;&nbsp;
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://canopyservicing.com/blog/canopy-raises-15M-to-fuel-growth/">
      Company blog
    </a>
    &nbsp;
  </p>
  <p>
    <a href="https://techcrunch.com/2023/10/10/canopy-servicings-15-2m-series-a1-shows-fintech-startups-that-raised-in-2021-can-still-get-money/">
      TechCrunch
    </a>
  </p>
  <p>
  </p>
</div>


FinTech Infrastructure

ANALYST_QUICK_TAKE

DISRUPTOR_PRESENT

Canopy Servicing, a loan servicing infrastructure provider, has raised $15.2 million in Series A1 funding, bringing its total funding to $30.2 million. The funding round was led by Foundation and Infinity Ventures, with participation from Canaan, Homebrew, and others. Canopy plans to use the funds to support its revenue growth target of achieving $10 million in annual recurring revenue over the next 15 months. The company is currently valued at $50.2 million. Analyst QuickTake: The lending-as-a-service space has seen several disruptors raise funding in recent months, with Kennek raising USD 12.5 million in seed funding (this month), Momnt raising USD 15 million in funding (last month), and Rightfoot raising USD 15 million in Series A (two months ago).

All Updates

Canopy Servicing raises USD 15.2 million in Series A1

Marqeta forms referral partnership with Canopy Servicing

Canopy Servicing raises USD 15 million in Series A funding