Canopy Labs Raises $1.5M To Make Customer Analytics More Accessible

Canopy Labs, a Y Combinator-incubated startup promising to help mid-sized businesses identify their most valuable customers, has raised $1.5 million in its first round of venture funding. Co-founder and CEO Wojciech Gryc told me that following the completion of YC in August, the team decided to return to Toronto, and it raised money from "Canada-friendly" investors. The round was led by BDC Venture Capital IT Fund, with participation from Valar Ventures (which is backed by Peter Thiel) and various angels.

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