Canopy Connect

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.

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

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

• Insurance verification API
• Insurance data intake
• P&C insurance software
• Consumer-permissioned data
• Carrier insurance connectivity

Headquarters

HQ city

Beaverton

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations

Revenue model

1. 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.
2. 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.
3. 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

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core 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

Named customers15 records

Segments9 records

Ideal customer profiles7 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration23 records

AI capability4 records

Feature5 records

Partnerships

19 partnerships are on record, tiered core.

• HolistiplancoreTechnology or Integration · 28 January 2026Integration 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.
• FaircoreTechnology or Integration · 25 January 2026Integration 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.
• FirstChoicecoreChannel Partner/ Reseller/ Distributor · 10 October 2024Strategic partnership with FirstChoice MarshBerry, an insurance network/marketing organization, promoting Canopy Connect's intake platform to member agencies within their network.
• TurboRatercoreTechnology or Integration · 14 August 2024Integration 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 RatingcoreTechnology or IntegrationFull integration connecting Canopy Connect's verified insurance intake data directly to PL Rating comparative rater platform for seamless quoting workflows.
• Applied EpiccoreTechnology or IntegrationFull integration connecting verified insurance data from Canopy Connect directly into Applied Epic agency management system.
• EZLynxcoreTechnology or IntegrationFull integration connecting Canopy Connect verified insurance data to EZLynx comparative rater for streamlined agency quoting workflows.
• HawkSoftcoreTechnology or IntegrationFull integration connecting Canopy Connect data into HawkSoft agency management system.
• AgencyZoomcoreTechnology or IntegrationFull integration connecting Canopy Connect verified insurance data to AgencyZoom CRM platform.
• Encompass by ICEcoreTechnology or IntegrationIntegration of Canopy Connect's 300-second carrier-direct homeowners insurance verification into Encompass by ICE mortgage LOS platform, replacing manual phone/fax verification.
• Cox AutomotivecoreTechnology or IntegrationKey integration partner for dealership solutions, connecting Canopy Connect insurance verification into Cox Automotive's ecommerce and dealer management ecosystem.
• CDK GlobalcoreTechnology or IntegrationIntegration connecting Canopy Connect verified insurance data to CDK Global dealer management system for automotive dealership workflows.
• TSD RentalcoreTechnology or IntegrationIntegration connecting Canopy Connect insurance verification into TSD Rental platform for car rental operator workflows.
• Ford Direct ShopcoreTechnology or IntegrationKey integration connecting Canopy Connect insurance verification into Ford Direct Shop platform for Ford dealership insurance workflows.
• SIAA - The Agent AlliancecoreChannel Partner/ Reseller/ DistributorInsurance network partner promoting Canopy Connect to its member agencies across the independent insurance agency channel.
• Big I AlliancecoreChannel Partner/ Reseller/ DistributorInsurance association/network partner promoting Canopy Connect to member independent insurance agencies.
• SalesforcecoreTechnology or IntegrationFull integration connecting Canopy Connect verified insurance data into Salesforce CRM platform for agency and enterprise workflows.
• QuoteRUSHcoreTechnology or IntegrationComparative rater integration connecting Canopy Connect data to QuoteRUSH platform for insurance quoting workflows.
• QRP (QuinStreet Rating Platform)coreTechnology or IntegrationComparative rater integration connecting Canopy Connect verified data to QRP for insurance quoting workflows.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct 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

• Facebookfacebook.com/groups/canopyconnectors
• LinkedInlinkedin.com/company/canopy-connect

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds2 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Canopy Connect