GoCanopy Founders
GoCanopy raised €2.1 million in seed funding led by venture capital firm ISAI to accelerate development of its AI-powered operating system for institutional real estate investors, attracting customers including Brookfield and Apollo while securing investment from BNP Paribas Développement and VC firm Yellow. The Paris-based proptech startup, founded in 2023, also attracted angel investment from University of Oxford emeritus professor Andrew Baum, a leading academic and chairman of Newcore Capital, alongside Ludovic Jacquot, CEO of Batipart Europe and former chairman of EMEA real estate investment banking at Morgan Stanley.
The platform addresses a fundamental challenge in institutional real estate where critical intelligence remains fragmented across countless inboxes, PDFs, Excel spreadsheets, and team knowledge siloes. GoCanopy transforms this scattered data into a unified system of compounding intelligence that persists beyond individuals and strengthens with every transaction, creating institutional memory that traditional tools cannot replicate. The architecture leverages large language models to extract, structure, and connect information that previously required manual effort to locate and synthesize.
William He, co-founder and CEO of GoCanopy and former real estate professional at Morgan Stanley and Davidson Kempner, experienced the revenue impact of data fragmentation firsthand during his investment career. When intelligence is captured and made available across both investment and asset management functions, it compounds exponentially and uncovers millions in potential revenue opportunities that spreadsheets cannot reveal. The breakthrough emergence of large language models convinced He that persistent data fragmentation could finally become obsolete, creating the industry's "Bloomberg moment."
Baum emphasized that throughout his career only three or four inflection points emerged where innovative technology fundamentally changed working methods, with recent AI and large language model breakthroughs representing the latest transformation. The real estate industry requires guidance and applied tools or agents that harness this technology's power effectively. The combination of domain expertise and engineering capability in GoCanopy's founding team made supporting the venture compelling.
The funding will accelerate platform development and support international expansion including opening a London office, positioning GoCanopy to serve institutional investors across major European markets. The company's early traction with industry leaders like Brookfield and Apollo validates product-market fit and demonstrates willingness among sophisticated investors to adopt AI-native infrastructure replacing legacy systems.
François Collet, partner at ISAI, stated the strongest vertical AI companies emerge from founders who deeply understand real operational pain points in their target markets. GoCanopy exemplifies this pattern through its team's deep institutional real estate expertise, product validation by leading sector players, and AI approach closely aligned with real-world investment and asset management workflows. This positioning enables rapid integration and supports highly effective land-and-expand growth strategies where initial deployments within organizations expand across departments and use cases.
The institutional real estate sector has lagged other financial services verticals in adopting modern data infrastructure, relying heavily on personal relationships, manual processes, and institutional knowledge concentrated in individual team members. When key personnel depart, accumulated intelligence often leaves with them. GoCanopy's system of record approach mirrors Bloomberg's transformation of financial markets by creating centralized, structured, accessible intelligence that strengthens organizations rather than individuals.
The seed round positions GoCanopy to capture growing demand for AI infrastructure purpose-built for real estate workflows rather than generic productivity tools adapted to the sector. The participation of industry veterans like Baum and Jacquot provides strategic guidance alongside capital.
