GoCanopy, an operating system for institutional real estate investors, has raised £1.8 million in a seed round. The investment was led by ISAI with participation from BNP Paribas Développement, Yellow and angel investors including Andrew Baum, University of Oxford Emeritus Professor in Real Estate Investment, and Ludovic Jacquot, CEO of Batipart Europe and ex-Chairman of EMEA Real Estate Investment Banking at Morgan Stanley.
The platform is used by institutional real estate investors to transform scattered internal data into institutional intelligence. The funding will be used to accelerate product development and support international expansion.
Institutional real estate investment teams hold large volumes of deal, tenant and financial data, but this information is fragmented across inboxes, documents, spreadsheets and internal knowledge siloes. This fragmentation limits the ability of firms to capture and compound intelligence across historic activity, affecting both investment decision-making and asset management execution.
GoCanopy provides a single system of record by transforming unstructured internal documents into institutional intelligence related to assets. The platform ingests documents such as offering memoranda, rent rolls and asset management reports to create a shared institutional memory that strengthens with every deal and exists beyond individuals.
On the investment side, the platform enables teams to search, compare and analyse data across historic deals, supporting workflows including deal screening, underwriting and investment committee preparation. On the asset management side, the same institutional memory supports portfolio execution, including lease expiry detection, rent review tracking and leasing opportunity identification.
GoCanopy will use the new funding to accelerate development of its enterprise-grade platform, expand its commercial and engineering teams, and support international growth, including opening an office in London alongside Paris.
