GoCanopy raises £1.8m seed to turn unstructured documents into single real-estate record
This article covers GoCanopy, a Paris-based proptech startup, which has raised £1.8m in a seed funding round to build an operating system for institutional real estate teams. The funding aims to accelerate product development and international expansion, supporting institutional asset owners and managers by converting fragmented documents into a searchable system of record to aid underwriting, lease management and portfolio optimisation.
GoCanopy, a Paris-based proptech startup, has raised £1.8 million in a seed funding round to build an "operating system" for institutional real estate teams that turns fragmented internal documents into a single system of record. The capital will be used to speed product development, grow commercial and engineering teams, and support international expansion with a new London office alongside its Paris base.
Why it matters
Institutional real estate teams hold vast amounts of deal, tenant and financial data, but that information often sits in inboxes, documents and spreadsheets. That fragmentation makes it hard to capture lessons from past deals or to execute portfolio-level asset management consistently. By creating a persistent institutional memory, GoCanopy aims to help firms surface revenue and efficiency opportunities that are easy to miss when data is siloed.
For asset owners and managers wrestling with large portfolios and dispersed knowledge, the difference between isolated spreadsheets and a searchable, shared database can be material to underwriting, lease management and portfolio optimisation.
Inside the product
GoCanopy ingests unstructured documents such as offering memoranda, rent rolls and asset management reports and converts them into structured, searchable intelligence tied to assets. The platform is positioned as both a repository and a workflow tool: on the investment side it supports deal screening, underwriting and investment committee preparation by enabling teams to search, compare and analyse across historic deals. On the asset management side the same dataset is used for tasks such as lease expiry detection, rent review tracking and identifying leasing opportunities.
The company describes the product as enterprise grade and plans to continue developing AI-driven features that strengthen the shared institutional memory as more documents and deals are added.
Who are the investors?
The seed round was led by ISAI, with participation from BNP Paribas Développement, Yellow and several angel investors. Named angels include Andrew Baum, Emeritus Professor in 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.
ISAI led the round signalling confidence in the team and the vertical AI approach GoCanopy is taking. BNP Paribas Développement is the corporate investment arm of BNP Paribas and its participation indicates strategic interest from a banking/institutional partner. Yellow also joined the round. The angels bring deep real estate and investment banking experience that the company says will help product-market fit within institutional environments.
In the announcement, François Collet, Partner at ISAI, said:
t 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.
In the announcement, Andrew Baum, Real Estate Professor at the University of Oxford, said:
Over my career there have been a very small number of points in time at which we knew that innovative technology would change the way we worked. The recent breakthrough AI and large language models is the latest. The real estate industry needs guidance and applied tools that will harness the power of this technology.
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Founder perspective
In the announcement, William He, Co-founder & CEO at 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.
He frames the product as solving a recurring operational problem observed inside large investment houses: capturing insights from past activity and making them available beyond individual team members.
The bigger picture
GoCanopy’s seed raise sits at an intersection of two trends: institutional real estate firms experimenting with AI to manage complexity, and an uptick in funding for vertical AI solutions that target specific workflows. The company’s plan to open a London office points to the UK as a priority market for selling into institutional investors and asset managers.
The deal also reflects growing interest from proptech investors in applying generative AI and large language models to domain-specific data challenges across Europe. As UK and European real estate firms look to digitise and centralise knowledge, tools that convert unstructured documents into operational intelligence are likely to attract further attention from both strategic and financial investors.
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