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.
FinSMEs
09/09/2015