Fenwick represented Canopy Connect, a platform for collecting, verifying, and monitoring insurance information, in its $6.5 million Series A financing. The round was led by Nevcaut Ventures with participation from Elefund, Nimble Partners, LocalGlobe, 9Yards Capital, Global FinTech Venture Partners and more.
Canopy Connect will use the funds to accelerate growth and double down on delivering connected insurance capabilities. More information can be obtained from the company’s announcement.
The Fenwick transaction team was led by corporate partner Kristine Di Bacco and included associates David Rand and Patrick White.