Canopy Closes $1.5M Seed Funding
Summary
Canopy (formerly Pack Purchase), a Raleigh, NC-based startup focused on simplifying home maintenance services, closed a $1.5m seed funding round.The round was led by IDEA Fund Partners and Cofounder’s Capital, with participation from home improvement company Lowe’s and New York City-based Great Oaks Venture Capital.The company intends to use the funds to expand its services to Charlotte, Atlanta and other markets to be announced in the coming months.Canopy provides a centralized platform for consumers to manage all aspects of home maintenance, allowing homeowners to instantly get quotes, schedule services, talk to exceptional customer service representatives, and view service history using a single login.The company is currently operating in the Raleigh, Durham, and Chapel Hill areas.