GoCanopy ends bootstrapping streak, raises €2.1 million to build AI operating system for institutional real estate investors

GoCanopy, a Paris-based AI-powered operating system for institutional real estate investors, today announced that it has raised €2.1 million in Seed funding to scale its platform capabilities and support international expansion. 

The round was led by ISAI, with participation from BNP Paribas Développement, Yellow, and angel investors, including Andrew Baum (Emeritus Professor of Real Estate Investment at the University of Oxford) and Ludovic Jacquot (CEO of Batipart Europe and former Chairman of EMEA Real Estate Investment Banking at Morgan Stanley). The funding marks the company’s exit from bootstrapped mode.

William He, co-founder and CEO of GoCanopy, said, “Over years spent as a real estate investor at Morgan Stanley and Davidson Kempner, I saw firsthand how data fragmentation blocks revenue. When intelligence is captured and made available across both investment and asset management, it compounds. It can be harnessed to uncover millions in potential revenue opportunities that spreadsheets simply can’t reveal.

“I built GoCanopy because the first LLMs made it clear that such data fragmentation could finally become a thing of the past. Just as Bloomberg transformed finance, we are creating the system of record for real estate. This is the industry’s “Bloomberg moment”. We are here to help institutions leverage data that makes up institutional intelligence – something that the majority has yet to seize.”

GoCanopy was founded in 2023 by William He, who has seven years of experience in private equity real estate investment, including at Morgan Stanley and Davidson Kempner, and Yaswanth Kumar Pabbisetti, who has nine years of experience in software engineering, including 5 years at Google Dublin. GoCanopy was founded with a mission to transform how real estate investors interact with institutional intelligence by utilising new, institutional-grade AI.

Describing the challenge the company is solving, the startup stated in the press release, “Institutional real estate investment teams sit on a mountain of valuable deal, tenant, and financial data related to their assets. But this data is fragmented across countless inboxes, PDFs, Excel spreadsheets, and team knowledge siloes. As a result, firms lack a single system of record that captures and compounds intelligence across historic activity, limiting both investment decision-making and asset management execution.“

GoCanopy claims to address this by providing a single source of truth through a shared AI-driven extraction layer that transforms fragmented internal documents into institutional intelligence related to assets. 

According to the company, it uses Human-in-the-Loop agentic AI workflows to ingest unstructured internal documents, including offering memoranda, rent rolls, and asset management reports, into one platform to build a living institutional memory. Unlike static databases, this creates a system of compounding intelligence that exists beyond individuals and strengthens with every deal.

On the investment side, the company states that it enables teams to search, compare, and analyse data across historic deals, while actively augmenting core investment workflows, from deal screening and underwriting to investment committee preparation. 

Whereas, on the asset management side, GoCanopy claims that the same institutional memory supports proactive portfolio execution, including lease expiry detection, rent review tracking, and leasing opportunity identification. 

According to the company, its platform includes security measures such as dedicated database architecture per client, enterprise-grade encryption at rest and in transit. It offers institutional security standards from day one and notes that it does not train AI models on client data

GoCanopy has been supported by CentraleSupélec’s ‘21st’ impact accelerator. According to the company, it chose to end its bootstrapped phase and raise funds following strong validation for its proposition and growing client demand, including contracts with Brookfield and certain Apollo-managed funds.

It plans to deploy this capital to develop its enterprise-grade platform, expand internationally, open an office in London alongside Paris, and expand its commercial and engineering teams as it scales go-to-market efforts globally. 

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