GoCanopy, an AI-based platform positioning itself as a system of record for institutional real estate investment and asset management teams, has raised €2.1m in seed funding. The round was led by ISAI with participation from BNP Paribas Développement and Yellow, alongside angel investors including Andrew Baum, University of Oxford Emeritus Professor in Real Estate Investment, and Ludovic Jacquot, CEO of Batipart Europe and former chairman of EMEA Real Estate Investment Banking at Morgan Stanley.
The company is targeting a persistent problem for institutional real estate firms: critical deal, tenant, and financial information spread across inboxes, PDFs, spreadsheets, and internal knowledge siloes. GoCanopy says this fragmentation prevents teams from building a durable system of record that captures institutional learnings over time, limiting both investment decision-making and the execution of asset management initiatives.
GoCanopy’s product centers on an AI-driven extraction layer designed to ingest unstructured internal documents, such as offering memoranda, rent rolls, and asset management reports, then convert them into structured, searchable intelligence tied back to the original source material. The platform uses Human in the Loop agentic AI workflows and is intended to create a living institutional memory that improves as more documents and historical activity are added, supporting governance and defensibility for investment committees and board reporting.
On the investment side, the platform is built to help teams search, compare, and analyze historical deal data while augmenting core workflows that range from deal screening and underwriting to investment committee preparation. On the asset management side, the same institutional memory is positioned to support proactive portfolio work, including tracking lease expiries, monitoring rent reviews, and identifying leasing opportunities to drive ongoing value creation across existing portfolios.
GoCanopy was founded in 2023 by William He, who previously worked in private equity real estate investing including roles at Morgan Stanley and Davidson Kempner, and Yash Pabbisetti, who has enterprise software engineering experience from Google and Pointy, which was acquired by Google. The company says it bootstrapped prior to the round and participated in CentraleSupélec’s “21st” impact accelerator, then decided to raise capital following market validation and growing demand, including contracts with Brookfield and certain Apollo-managed funds.
The new financing will be used to accelerate the development of GoCanopy’s enterprise platform capabilities and to support international expansion. The company plans to open an office in London in addition to Paris and to grow its commercial and engineering teams as it scales its go-to-market efforts.
KEY QUOTES:
“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.”
William He, Co-founder and CEO, GoCanopy
“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.”
François Collet, Partner, ISAI
“Over my career there have been a very small (3 or 4) 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.”
Andrew Baum, University of Oxford Emeritus Professor in Real Estate Investment
