Funded Tech Companies
Canopy Technology
Headquartered in Claymont, Canopy Technology is venture-backed, with investment from Infinity Ventures and Foundation Ventures.
Company Overview
Company Name
Canopy Technology
Company Status
Private & Independent
Industry
Funding Rounds
Total Funding
Contact Information
Mailing Address
Undisclosed
Claymont, DE 19703
USA
Claymont, DE 19703
USA
Phone
Undisclosed
Website
Email Address
Company Background Information
Overview
Years ago, Canopy co-founder and CEO, Matt Bivons, decided to close a credit card. He called customer service to get his balance total, made his payment, and assumed he was in the clear. That is, until two months later when he saw his credit score drop by 20 points. Frustrated to see it was due to unpaid fees on the credit card he thought he'd already paid, he called back. As it turned out, Matt had interest that carried over from mid-cycle, and that interest had accumulated late fees. To add insult to injury, the representative could not tell him how much more he owed until the end of the cycle that following month or do anything about the credit score drop.
Last Transaction
10/11/2023
Financing History
Date
Type
Amount
Management Team
Title
Name
Email & Social
Company Investors
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