Canopy Connect
Canopy Connect is a consumer-permissioned insurance data infrastructure provider connecting 300+ U.S. P&C carriers to agencies, lenders, dealerships, and financial planners via an Insurance Data Intake Platform and an Insurance Verification API, serving 6,000+ businesses and 24,000+ active users.
- Company typePrivate
- Founded2020
- HeadquartersBeaverton, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Canopy Connect does
Canopy Connect is a consumer-permissioned insurance data infrastructure company founded in 2020 and headquartered in Beaverton, Oregon, operating as a remote-first team. The company maintains direct connections to more than 300 U.S. insurance carriers, covering approximately 95% of the personal and commercial P&C market, and converts carrier-sourced policy data into 500+ structured data fields delivered via API and SaaS interfaces. Its core technology, DecSight, is a proprietary document intelligence system trained on millions of policies that parses declarations pages and complex carrier-specific layouts into integration-ready structured data, complemented by an Adaptive Verification fallback pathway for scenarios where direct carrier connection is unavailable.
The company operates two platform surfaces: an Insurance Data Intake Platform sold to P&C insurance agencies on subscription tiers (with 14-day free trial, monthly billing, and self-serve onboarding), and an Insurance Verification API sold to developers and enterprises (Developer and Enterprise tiers, SDK, sandbox credentials, white-label options, and Auto Insurance Policy Servicing capability). Revenue is generated through recurring subscription fees across agency plans, API developer and enterprise plans, and data enrichment add-ons (property data, driver license lookup, household vehicle/driver enrichment, driving record insights). Distribution combines product-led self-serve acquisition with sales-assisted enterprise motion and embedded deployment within rater (PL Rating, EZLynx, Applied Epic, TurboRater), CRM/AMS (Salesforce, AgencyZoom, HawkSoft), mortgage LOS (ICE Encompass), and dealer management (CDK, Cox Automotive) ecosystems.
The company serves nine primary use-case segments spanning P&C agencies, auto dealerships and F&I, mortgage lenders, auto finance, loan servicing, car rental, financial planning, P&C carriers, and driver compliance — with named enterprise customers including Horace Mann, Cox Automotive, Better Mortgage, Ford Direct, and SIAA, alongside a long tail of SMB agencies acquired through self-serve and channel partnerships with SIAA, Big I Alliance, FirstChoice MarshBerry, and other insurance networks.
Canopy Connect firmographics
Firmographics- Name
- Canopy Connect
- Legal name
- Canopy Connect, Inc.
- Website
- https://usecanopy.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Canopy Connect is a consumer-permissioned insurance data infrastructure provider connecting 300+ U.S. P&C carriers to agencies, lenders, dealerships, and financial planners via an Insurance Data Intake Platform and an Insurance Verification API, serving 6,000+ businesses and 24,000+ active users.
- Ownership category
- akta.pro rank
Canopy Connect industry classification
Industry- Product category
- Insurance Verification Software
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Agencies, Brokerages, and Other Insurance Related Activities (5242), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Data Distribution, Connectivity & Market Data Platforms (Entitlements, Normalization, APIs) (FSAFAIAJ)
Keywords
Where Canopy Connect is headquartered
LocationHeadquarters
- HQ city
- Beaverton
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Canopy Connect business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- Insurance Data Intake Platform — Agency Subscriptions: Subscription-based SaaS for P&C insurance agencies, offered via plans that include Link Flows with a 14-day free trial. Pricing tiers for agencies, with commercial P&C capabilities. Delivered as self-serve and sales-assisted.
- Insurance Verification API — Developer and Enterprise Plans: API access with structured pricing plans (Developer, Enterprise) including SDK, sandbox credentials, and API documentation. White-label implementation available under Enterprise plans. Auto Insurance Policy Servicing capability available with API Enterprise plans.
- Data Enrichment Add-on: Optional data enrichment services including property and building data, driver license lookup, driver insights, and household vehicle/driver enrichment available as add-on to base platform plans.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Insurance Intake Platform — Agency Plans |
| Subscription | Monthly | Insurance Verification API — Developer Plan |
| Subscription | Monthly | Insurance Verification API — Enterprise Plan |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
Canopy Connect product offering
Product offeringCore offering
Canopy Connect operates consumer-permissioned insurance data infrastructure that connects 300+ insurance carriers to businesses requiring verified insurance information. The company runs two platforms: an Insurance Data Intake Platform for P&C insurance agencies that collects verified insurance data from prospects in as little as 30 seconds via custom links, and an Insurance Verification API for automotive, lending, and fleet businesses that delivers 500+ structured P&C data fields in real time. Both platforms are powered by DecSight, a proprietary document intelligence technology trained on millions of policies.
Product overview
Canopy Connect operates two distinct but related platforms that share a common foundation: direct connections to 300+ insurance carriers, consumer-permissioned data access, and structured data delivery. The Insurance Data Intake Platform is the foundational stage of every quote for P&C insurance agencies, enabling agents to collect verified insurance data from prospects in as little as 30 seconds. The Insurance Verification API serves as the infrastructure layer for automotive, lending, and fleet businesses to verify insurance coverage. Both platforms are supported by proprietary document intelligence technology (DecSight) that parses declarations pages and insurance documents from any carrier. The product portfolio includes sub-products for intake flexibility (Sharing Paths, Custom Forms), data accuracy (Data Enrichment, Driver Insight, Driver License Lookup), quoting efficiency (Policy Paste Chrome Extension), and policy servicing (Auto Insurance Policy Servicing).
Differentiator
Problem solved
Functional benefit
Brands
- DecSight: Proprietary document intelligence technology that parses declarations pages from any carrier into structured, integration-ready data.
Products and services
- Insurance Data Intake Platform The foundational SaaS platform for P&C insurance agencies that enables agents to collect verified insurance data from prospects in as little as 30 seconds via a custom link, without long forms or dec page scavenger hunts. Delivers fully structured, verified insurance data (premiums, limits, coverages, deductibles, declaration pages, driver info, claims history) directly to raters, CRM, or AMS. Includes a 14-day free trial and supports commercial P&C capabilities.
- Insurance Verification API
Quantifiable outcome
- Agencies leveraging the data-driven approach have witnessed up to 80% increase in bind rates and larger account sizes.
- +5 more outcomes
Companies that use Canopy Connect
Customer profileNamed customers15 records
Segments9 records
Ideal customer profiles7 records
Canopy Connect technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration23 records
AI capability4 records
Feature5 records
Canopy Connect partnerships and signals
Strategic signalPartnerships
19 partnerships are on record, tiered core.
- HolistiplancoreIntegration enabling financial advisors to retrieve verified P&C insurance policy data from 300+ carriers directly within the Holistiplan financial planning platform, eliminating manual document collection and making insurance planning a seamless part of annual financial planning workflows. Positions Holistiplan as the first tax-planning platform to offer fully automated P&C policy discovery and analysis through direct carrier connections.
- FaircoreIntegration enabling insurance agencies to generate Fair auto warranty quotes directly within Canopy Connect's insurance intake platform. The integration automatically prefills policy and vehicle information collected during intake, allowing agents to deliver auto warranty quotes in seconds without disrupting existing workflows.
- FirstChoicecoreStrategic partnership with FirstChoice MarshBerry, an insurance network/marketing organization, promoting Canopy Connect's intake platform to member agencies within their network.
- TurboRatercoreIntegration bridging Canopy Connect's insurance intake and quoting processes with TurboRater comparative rater, enabling seamless data flow from verified intake into the quoting workflow.
- PL RatingcoreFull integration connecting Canopy Connect's verified insurance intake data directly to PL Rating comparative rater platform for seamless quoting workflows.
- Applied EpiccoreFull integration connecting verified insurance data from Canopy Connect directly into Applied Epic agency management system.
- EZLynxcoreFull integration connecting Canopy Connect verified insurance data to EZLynx comparative rater for streamlined agency quoting workflows.
- HawkSoftcoreFull integration connecting Canopy Connect data into HawkSoft agency management system.
- AgencyZoomcoreFull integration connecting Canopy Connect verified insurance data to AgencyZoom CRM platform.
- Encompass by ICEcoreIntegration of Canopy Connect's 300-second carrier-direct homeowners insurance verification into Encompass by ICE mortgage LOS platform, replacing manual phone/fax verification.
- Cox AutomotivecoreKey integration partner for dealership solutions, connecting Canopy Connect insurance verification into Cox Automotive's ecommerce and dealer management ecosystem.
- CDK GlobalcoreIntegration connecting Canopy Connect verified insurance data to CDK Global dealer management system for automotive dealership workflows.
- TSD RentalcoreIntegration connecting Canopy Connect insurance verification into TSD Rental platform for car rental operator workflows.
- Ford Direct ShopcoreKey integration connecting Canopy Connect insurance verification into Ford Direct Shop platform for Ford dealership insurance workflows.
- SIAA - The Agent AlliancecoreInsurance network partner promoting Canopy Connect to its member agencies across the independent insurance agency channel.
- Big I AlliancecoreInsurance association/network partner promoting Canopy Connect to member independent insurance agencies.
- SalesforcecoreFull integration connecting Canopy Connect verified insurance data into Salesforce CRM platform for agency and enterprise workflows.
- QuoteRUSHcoreComparative rater integration connecting Canopy Connect data to QuoteRUSH platform for insurance quoting workflows.
- QRP (QuinStreet Rating Platform)coreComparative rater integration connecting Canopy Connect verified data to QRP for insurance quoting workflows.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Canopy Connect competitors and assessment
Company assessmentDirect peers
- Plaid: Financial data connectivity infrastructure linking consumer bank accounts to applications; Canopy Connect is explicitly positioned as the insurance analog of Plaid, with consumer-permissioned access to 300+ carriers and similar API/SDK delivery model.
- EZLynx: Comparative rater and agency management platform with direct carrier connectivity; Canopy integrates into EZLynx for raters, but both compete for the agency workflow around intake, quoting, and policy data.
- Applied Epic: Agency management system and rater used by mid-market and enterprise insurance agencies; Canopy integrates into Applied Epic for verified data input but Applied also offers its own data connectivity tools within its broader suite.
- Insurance Information Exchange (iiX): Provider of motor vehicle and insurance reporting data to insurers, employers, and government; comparable to Canopy's verification API for fleet compliance, employer MVR, and carrier-side use cases.
Broad incumbents
- Verisk: Large insurance data analytics and decision-support platform serving carriers and agencies with property, claims, and underwriting data; overlaps with Canopy's structured P&C data mission but operates at the carrier/enterprise tier rather than agency distribution.
- LexisNexis Risk Solutions: Insurance and financial services data aggregator providing consumer and property data to carriers, agencies, and lenders; comparable to Canopy's data infrastructure role but at much broader scale and with deeper carrier-side analytics.
- TransUnion: Consumer credit and information bureau providing insurance risk and verification data to carriers and lenders; adjacent to Canopy's consumer-permissioned verification use cases in lending and insurance workflows.
Emerging players
- Carpe Data: Emerging insurtech using alternative data and AI to provide carrier-side underwriting and claims signals; adjacent to Canopy's data infrastructure with overlap on AI-driven insurance document and risk intelligence.
- Trust & Will: Estate planning platform that recently partnered with Canopy Connect to surface verified insurance data; an emerging player in financial/estate tech that consumes Canopy's API as a distribution channel.
- Holistiplan: Tax and financial planning platform for advisors that integrated Canopy's P&C verification API in 2026; comparable as an emerging consumer of insurance verification data within financial planning workflows.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat7 records
Key risks5 records
Key highlights7 records
Customer concentration
Canopy Connect social profiles
Digital presenceCanopy Connect compliance and trust
Trust signalCompliance1 record
Canopy Connect financial estimates
Financial estimateRevenue estimate
Valuation estimate
Canopy Connect leadership team
Management profileNumber of profiles
Profiles4 records
Canopy Connect funding detail
Funding detailFunding overview
Funding rounds2 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Canopy Connect M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Canopy Connect
What does Canopy Connect do?
Canopy Connect operates consumer-permissioned insurance data infrastructure that connects 300+ insurance carriers to businesses requiring verified insurance information. The company runs two platforms: an Insurance Data Intake Platform for P&C insurance agencies that collects verified insurance data from prospects in as little as 30 seconds via custom links, and an Insurance Verification API for automotive, lending, and fleet businesses that delivers 500+ structured P&C data fields in real time. Both platforms are powered by DecSight, a proprietary document intelligence technology trained on millions of policies.
Is Canopy Connect a public or private company?
Canopy Connect is a private company. It is classified as venture growth investor backed and is currently operating.
When was Canopy Connect founded?
Canopy Connect was founded in 2020. It employs 11 to 50 people.
Where is Canopy Connect based?
Canopy Connect is headquartered in Beaverton, United States, in the North America region.
How does Canopy Connect make money?
Three revenue lines are on record. Insurance Data Intake Platform — Agency Subscriptions are the primary driver. The others are insurance Verification API — Developer and Enterprise Plans and data Enrichment Add-on.
Who are Canopy Connect's main competitors?
Direct peers on record are Plaid, EZLynx, Applied Epic and Insurance Information Exchange (iiX). Broad incumbents are Verisk, LexisNexis Risk Solutions and TransUnion. Emerging players are Carpe Data, Trust & Will and Holistiplan.
Does Canopy Connect have an API?
Yes. Insurance Verification API gives developers access to 500+ structured P&C data fields with real-time, carrier-sourced verification. Enables insurance data intake and verification for agencies, automotive, lending, and fleet businesses. Provides access to verified policy data from 300+ insurance carriers in seconds. Available via secure link, embedded digital flow, or API. SDK is available for fast integration. The API powers the Insurance Verification Platform for carrier-direct verification, consumer-permissioned access, adaptive verification, and integration-ready architecture. Developer documentation is at docs.usecanopy.com/reference/getting-started.
What industry is Canopy Connect in?
Canopy Connect's product category is Insurance Verification Software. Its primary akta.pro industry code is FSAFAIAJ, Data Distribution, Connectivity & Market Data Platforms (Entitlements, Normalization, APIs). Its NAICS code is 518 and its SIC code is 7370.