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  "markdown": "Venture firm.\n\nWebsite: https://www.canapi.com\n\n## Companies on Anchor Terminal\n\n- **First Mile Group, Inc. (Alloy)**, Series B, September 2020, Series C, September 2021, Series C extension, September 2022, led a round\n  - [Alloy](https://www.anchorterminal.com/tools/alloy.md), graded D, 52.5/100\n  - Source: https://www.alloy.com/about/press/alloy-secures-40-million-in-series-b-funding-led-by-canapi-ventures\n- **Codat Limited**, Series C, June 2022\n  - [Codat](https://www.anchorterminal.com/tools/codat.md), graded B, 64.5/100\n  - Source: https://www.indexventures.com/perspectives/codat-raises-100-million-to-build-the-internet-for-business-data-and-announces-jp-morgan-shopify-plaid-as-investors/\n- **Middesk, Inc.**, Series B, July 2022, led a round\n  - [Middesk](https://www.anchorterminal.com/tools/middesk.md), graded C, 59.1/100\n  - Source: https://www.middesk.com/blog/announcing-our-57m-series-b\n- **MX Technologies, Inc.**, Series C, January 2021\n  - [MX Platform API](https://www.anchorterminal.com/tools/mx.md), graded B, 62.5/100\n  - Source: https://www.mx.com/news/mx-raises-300-million-in-series-c-funding/\n\n## Where they invest\n\n- Identity \u0026 business verification, 2\n- Accounting \u0026 invoicing, 1\n- Bank data \u0026 open banking, 1\n\n## Founders they backed\n\n- [Tommy Nicholas](https://www.anchorterminal.com/people/tommy-nicholas/), First Mile Group, Inc. (Alloy)\n- [Laura Spiekerman](https://www.anchorterminal.com/people/laura-spiekerman/), First Mile Group, Inc. (Alloy)\n- [Charles Hearn](https://www.anchorterminal.com/people/charles-hearn/), First Mile Group, Inc. (Alloy)\n- [Scott Clark](https://www.anchorterminal.com/people/scott-clark/), First Mile Group, Inc. (Alloy)\n- [Pete Lord](https://www.anchorterminal.com/people/pete-lord/), Codat Limited\n- [Alex Cardona](https://www.anchorterminal.com/people/alex-cardona/), Codat Limited\n- [David Hoare](https://www.anchorterminal.com/people/david-hoare/), Codat Limited\n- [Kyle Mack](https://www.anchorterminal.com/people/kyle-mack/), Middesk, Inc.\n- [Kurt Ruppel](https://www.anchorterminal.com/people/kurt-ruppel/), Middesk, Inc.\n- [Ryan Caldwell](https://www.anchorterminal.com/people/ryan-caldwell/), MX Technologies, Inc.\n- [Brandon Dewitt](https://www.anchorterminal.com/people/brandon-dewitt/), MX Technologies, Inc.\n\n## Questions\n\n### Which AI tools has Canapi Ventures invested in?\n\nAnchor Terminal lists First Mile Group, Inc. (Alloy), Codat Limited, Middesk, Inc. and MX Technologies, Inc. backed by Canapi Ventures.\n\n### How are Canapi Ventures's companies graded?\n\nOn Anchor Terminal's benchmark, Alloy (D, 52.5), Codat (B, 64.5), Middesk (C, 59.1) and MX Platform API (B, 62.5).\n\nInvestors are named from the companies' own announcements, the investors' own pages, Y Combinator's company pages, public filings and news reports of a round, each with its source. An investor isn't a sign of quality, and nobody can pay to be listed or to change a grade. To correct something or have a page removed, write to privacy@anchorterminal.com.\n",
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