# Canapi Ventures

> Canapi Ventures's investments in AI tools on Anchor Terminal, First Mile Group, Inc. (Alloy), Codat Limited, Middesk, Inc. and MX Technologies, Inc., with each listing's grade and the founders behind it.

- Canonical: https://www.anchorterminal.com/investors/canapi-ventures/
- Markdown: https://www.anchorterminal.com/investors/canapi-ventures/index.md (~950 tokens)
- Slim: https://www.anchorterminal.com/investors/canapi-ventures/index.min.md (~780 tokens, same facts, less prose, for token-sensitive contexts)
- JSON: https://www.anchorterminal.com/investors/canapi-ventures/index.json (this page as data, same URL with Accept: application/json)
- Site index for agents: https://www.anchorterminal.com/llms.txt (full text: https://www.anchorterminal.com/llms-full.txt)
- API: https://www.anchorterminal.com/api/v1/index.json
- MCP: https://www.anchorterminal.com/mcp (the whole catalogue as tools, no key)
- Licence: CC BY 4.0, credit Anchor Terminal and link this page (https://www.anchorterminal.com/terms/#data)
- Updated: 2026-10-28

Venture firm.

Website: https://www.canapi.com

## Companies on Anchor Terminal

- **First Mile Group, Inc. (Alloy)**, Series B, September 2020, Series C, September 2021, Series C extension, September 2022, led a round
  - [Alloy](https://www.anchorterminal.com/tools/alloy.md), graded D, 52.5/100
  - Source: https://www.alloy.com/about/press/alloy-secures-40-million-in-series-b-funding-led-by-canapi-ventures
- **Codat Limited**, Series C, June 2022
  - [Codat](https://www.anchorterminal.com/tools/codat.md), graded B, 64.5/100
  - 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/
- **Middesk, Inc.**, Series B, July 2022, led a round
  - [Middesk](https://www.anchorterminal.com/tools/middesk.md), graded C, 59.1/100
  - Source: https://www.middesk.com/blog/announcing-our-57m-series-b
- **MX Technologies, Inc.**, Series C, January 2021
  - [MX Platform API](https://www.anchorterminal.com/tools/mx.md), graded B, 62.5/100
  - Source: https://www.mx.com/news/mx-raises-300-million-in-series-c-funding/

## Where they invest

- Identity & business verification, 2
- Accounting & invoicing, 1
- Bank data & open banking, 1

## Founders they backed

- [Tommy Nicholas](https://www.anchorterminal.com/people/tommy-nicholas/), First Mile Group, Inc. (Alloy)
- [Laura Spiekerman](https://www.anchorterminal.com/people/laura-spiekerman/), First Mile Group, Inc. (Alloy)
- [Charles Hearn](https://www.anchorterminal.com/people/charles-hearn/), First Mile Group, Inc. (Alloy)
- [Scott Clark](https://www.anchorterminal.com/people/scott-clark/), First Mile Group, Inc. (Alloy)
- [Pete Lord](https://www.anchorterminal.com/people/pete-lord/), Codat Limited
- [Alex Cardona](https://www.anchorterminal.com/people/alex-cardona/), Codat Limited
- [David Hoare](https://www.anchorterminal.com/people/david-hoare/), Codat Limited
- [Kyle Mack](https://www.anchorterminal.com/people/kyle-mack/), Middesk, Inc.
- [Kurt Ruppel](https://www.anchorterminal.com/people/kurt-ruppel/), Middesk, Inc.
- [Ryan Caldwell](https://www.anchorterminal.com/people/ryan-caldwell/), MX Technologies, Inc.
- [Brandon Dewitt](https://www.anchorterminal.com/people/brandon-dewitt/), MX Technologies, Inc.

## Questions

### Which AI tools has Canapi Ventures invested in?

Anchor Terminal lists First Mile Group, Inc. (Alloy), Codat Limited, Middesk, Inc. and MX Technologies, Inc. backed by Canapi Ventures.

### How are Canapi Ventures's companies graded?

On Anchor Terminal's benchmark, Alloy (D, 52.5), Codat (B, 64.5), Middesk (C, 59.1) and MX Platform API (B, 62.5).

Investors 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.

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