More than seven months after a Lowe’s-led $2 million capital infusion, and a technology-driven lawn care startup has more than doubled its headcount.
With a tech startup approach, Canopy seeks to shake up the residential landscape maintenance industry with a national brand.
Ryan Winkel, operations specialist for Canopy Lawn Care, squints at his computer, straining to see a blue Post-it stuck to a contract that’s been scanned into the company’s system. The note was an add-on to a contract that belonged to Grass Monkey, a Raleigh, N.C.-based company Canopy recently acquired. Winkel is entering the company’s former accounts into the data management software that serves as Canopy’s backbone. From what Winkel can see, only a small strip of low-tack, pressure-sensitive adhesive was keeping a vital portion of this client’s contract from falling to the wayside. Not to mention, the information hardly lives in a space that will allow it to be easily communicated to a crew member serving the property.
Raleigh-based Canopy Lawn Care has come to Charlotte.
The technology-enabled landscaping startup announced it recently acquired the residential maintenance business of Huntersville-based lawn care company Southscape Landscaping. The acquisition solidifies the startup’s entrance into the Charlotte market.
“We couldn’t be happier to now be serving customers in Charlotte.” Says Keith Freeman, chief operating officer of Canopy Lawn Care. “Southscape has built a reputation of providing dedicated, high quality landscape management service for their customers and we look forward to continuing to provide their residential customers with the level of service they have come to expect, hopefully doing even better.”
Pack Purchase, a 2-year-old Raleigh startup operating under the name Canopy, has inked another $2 million from investors.
Pack Purchase, which recently emerged from stealth mode, announced the final close of its $1.5M Series Seed financing. Co-led by IDEA Fund Partners and Cofounders Capital, with participation from Lowe’s and Great Oaks Venture Capital, the financing will enable the company to expand its services to new markets. In conjunction with the financing, the company is changing its name to Canopy to better reflect its comprehensive home maintenance solution. Canopy piloted its curated home maintenance platform in select areas of the Triangle and plans to use the funds to expand its offering to Charlotte and Atlanta.
Read the full article from ExitEvent
Canopy, formerly Pack Purchase, announced the closing of a $1.5M seed round 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. Canopy is a rapidly growing startup focused on simplifying home maintenance services.
In addition to the funding announcement, the company is announcing its rebranding from Pack Purchase to Canopy to better reflect its commitment to the consolidation and ease of its comprehensive home maintenance solution.
Read the press releaese from Canopy
Pack Purchase emerged from stealth mode with the announcement of the initial close on its Series Seed funding. Co-led by IDEA Fund Partners and Cofounders Capital, the financing will enable the company to expand its services to new markets. Pack Purchase piloted its platform in select areas of the Triangle. Leveraging technology and handpicked local service providers, the company’s platform allows users to easily manage all aspects of routine home maintenance.
Read the Press Release from Pack Purchase