Press & About Us

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INQUIRIES

Jordan Ray
Press Contact
jordan.ray@canopytax.com
(801) 215-9990

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About Canopy

Canopy is a cloud-based practice management and tax resolution software. The modern, easy-to-use software cuts out tax practice busywork, improves the client’s experience, and brings all the different tools a practitioner needs under one roof. Canopy is also known for its free 2-Minute IRS Transcripts tool. Canopy was founded by Kurt Avarell, who walked away from his career as a Wall Street tax attorney to launch Canopy from his basement in 2014.

KURT AVARELL BIO

Kurt Avarell holds a master’s degree in accounting from Brigham Young University and a JD from the J. Reuben Clark Law School at Brigham Young University. As a practicing tax attorney in NYC, Avarell was continually frustrated with the lack of effective software available to help tax professionals accomplish their work in a simple and elegant way. He walked away from his career in order to pursue his vision of modernizing and humanizing the way tax professionals work. He began to code Canopy in his basement in 2014, and is now the CEO of this fast-growing tech startup.

COMPANY HISTORY

March 2017 | Series B Funding

Pelion leads $20M Series B financing to Canopy, together with NEA, Deep Fork Capital and Epic Ventures.
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2016 | Year of massive growth

Paid customer accounts grow 1900% in 12 months.

June 2015 | Series A Funding

NEA leads $8M Series A financing to Canopy, together with Deep Fork Capital and Epic Ventures
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March 2015 | Signups Explode

The number of firms on our waiting list grows to 700+ accounting firms – entirely by word of mouth.

June 2014 | Seed Funding

NEA leads $2M seed round in Canopy (formerly Beanstalk), together with Deep Fork Capital and Epic Ventures. We open a waiting list on the website.
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2014 | Canopy (formerly Beanstalk) is founded

Kurt Avarell begins coding the first version of Canopy in his basement after leaving his career as a tax attorney on Wall Street.
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