A proptech startup behind an “AI-powered operating system for institutional real estate investors” being used by Brookfield and Apollo has raised €2.1m from seed investors, including University of Oxford emeritus professor Andrew Baum.
GoCanopy has secured the seed funding led by venture capital (VC) firm ISAI, attracting investment from BNP Paribas Développement and VC firm Yellow.
Baum, a leading academic and chairman of Newcore Capital, was an angel investor alongside Ludovic Jacquot, CEO of Batipart Europe and former chairman of EMEA real estate investment banking at Morgan Stanley.
GoCanopy, founded in 2023, said its AI-powered platform transforms data typically “fragmented across countless inboxes, PDFs, Excel spreadsheets and team-knowledge siloes” into a single “system of compounding intelligence that exists beyond individuals and strengthens with every deal”.
The Paris-based startup said it will use the funding to accelerate the development of the platform and support international expansion, including the opening of a London office.
Baum said: “Over my career there have been a very small – three or four – number of points in time at which we knew that innovative technology would change the way we worked. The recent breakthrough AI/LLM is the latest.
“The real estate industry needs guidance and applied tools or agents that will harness the power of this technology. The combination of domain expertise and engineering in the founding team made it easy for me to want to support GoCanopy.”
William He, co-founder and CEO of GoCanopy and former real estate professional, 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 [large language models] 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.”
François Collet, partner at ISAI, said: “At ISAI, we believe the strongest vertical AI companies are built by founders who deeply understand the real operational pain points of their market.
“GoCanopy is a strong example of this: a team with deep institutional real estate expertise, a product already validated by leading players in the sector, and an AI approach closely aligned with real-world investment and asset management workflows. This positioning enables rapid integration and supports a highly effective land-and-expand growth strategy.”
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