Skip to main content

Market Overview

Canopy Financial Debuts at #12 on the 2009 Inc. 500 List

Share:

SAN FRANCISCO, CA--(Marketwire - August 18, 2009) - Canopy Financial, a pioneer in innovative
healthcare banking
technology solutions that connect healthcare and financial services, announced today that Inc. magazine ranked Canopy number
12 on the 2009 Inc. 500 -- the magazine's 28th annual list of the nation's
fastest-growing private companies. The list represents the most
comprehensive look at the most important segment of the economy --
America's independent-minded entrepreneurs. Companies such as Microsoft,
Zappos, Intuit, GoDaddy, Under Armour, Jamba Juice, American Apparel,
Oracle, and hundreds of other powerhouses gained early exposure as members
of the Inc. 500. According to the recently released Inc. 500 rankings,
Canopy is also the fastest growing, privately held software company in
America.

"As a company at the forefront of health care reform and innovation, Canopy
is thrilled to be ranked number twelve on Inc. Magazine's 28th Annual Inc.
500 list in our first year of eligibility, and to be recognized as the
fastest growing, privately held software company in America," said Vik Kashyap, CEO of Canopy
Financial
.

"If you want to know which companies are going to change the world, look
at the Inc. 500," said Inc. editor Jane Berentson. "These are the most
dynamic, fast-growth companies in the nation, the ones finding innovative
solutions to problems, creating smart systems, and inventing products we
soon discover we can't live without. The Inc. 500 list is Inc. magazine's
tribute to American business ingenuity and ambition."

Despite the ongoing recession, the 2009 Inc. 500 offers a glimpse into the
future of the U.S. economy. The health sector alone realized aggregate
revenue of $1.1 billion and a 917 percent median growth rate. Canopy's
industry leading Consumer-Directed Healthcare (CDH) technology empowers millions of
consumers
to take greater control of their health care dollars,
offering access to lower cost health care benefits, greater choice in the
selection of health care providers, price transparency for routine medical
services, and increased speed in which health care providers are paid.

About Inc. Magazine

Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc.
(www.inc.com) is the only major business magazine dedicated exclusively to
owners and managers of growing private companies that delivers real
solutions for today's innovative company builders. With a total paid
circulation of 712,961, Inc. provides hands-on tools and market-tested
strategies for managing people, finances, sales, marketing, and technology.
Visit us online at Inc.com.

About Canopy Financial

Canopy Financial provides innovative technology solutions that connect
healthcare and financial services. Serving some of the world's largest
healthcare and financial institutions, and managing millions of
consumer-directed healthcare spending accounts, Canopy powers the
development and delivery of complete healthcare banking services for both
consumers and businesses. Founded in 2004, Canopy maintains offices in San
Francisco, CA, Chicago, IL, and Plainsboro, NJ. For more information,
please visit our web site at www.canopyfi.com or call 1-866-960-4700.

 

Related Articles (CA + NJ)

View Comments and Join the Discussion!