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Project Canary

Techstars '20

Denver, US · Founded 2018 · 71 employees on LinkedIn · 11 known investors

Find your way into Project Canary

2,461 people in our graph share verified history with the Project Canary team — schools, employers, funds. One of them is your warm intro.

Deep Nisharunlockedknows William Foiles · together at Stanford University (overlapped)
×4knows the team · via Stanford University
×2knows the team · via Goldman Sachs
knows the team · via JPMorgan Chase
×2knows the team · via Techstars
×2knows the team · via Stanford University Graduate School of Business

Project Canary develops a software platform and high-fidelity methane sensors that help oil & gas and utility operators detect and manage methane emissions across their assets. The company turns dispersed sensor, aerial, and satellite data into actionable operational insights for regulatory compliance and emissions reduction.

Advanced ManufacturingCleantechClimate TechData & InfrastructureEnergyEnterprise SoftwareWellness & Fitness

Founders & leadership

Project Canary was founded in 2018 by William Foiles and Chris Romer.

WFWilliam Foiles
William FoilesinChief Executive Officer, Co-FounderWilliam Foiles is co-founder and CEO of Project Canary, which develops methane detection and monitoring software for oil & gas and utility operators. He holds an MBA from Stanford Graduate School of Business and an MS from Stanford's School of Earth, Energy & Environmental Science, with training in financial analysis and energy markets.
CRChris Romer
Chris RomerinCo-FounderChris Romer is founder of Project Canary, which develops methane sensors and analytics software for oil and gas and utility operators. Previously, he was a Colorado state senator (2006–2010) focused on energy and education policy, co-founder of Guild Education and American Honors, and spent over two decades in public finance banking at JPMorgan and Citibank covering energy and infrastructure sectors.

Investors · 11

Baruch Future VenturesSan Francisco · $100K – $1M
Energy Impact PartnersNew York · $5M – $20M
TechstarsBoulder · $220K
The Colorado Impact FundDenver · $500K – $2M
Frontier Venture CapitalreportedBoulder · $50K – $500K
Insight PartnersreportedNew York · $120M – $350M
Quantum Energy PartnersreportedHouston

Also in the syndicate · 4

Brookfield GrowthCanada Pension Plan (CPP) Investment boardCarica Sustainable InvestmentCarica Sustainable Investments

Funding

SEC filings, press & company announcements

$111M disclosed across 1 of 2 rounds · 2021–2022

Source: company announcements and press reports — follow each round's link for the claim.

Competitors · 4

by search overlap
Canary9 shared keywordsCanary provides technology and services that let employers, nonprofits, community foundations, and philanthropic donors deliver emergency relief payments to workers and community members. Its Grant Circle product administers employee relief funds to support financial well-being in the workplace.
Canary Technologies8 shared keywordsCanary Technologies provides digital management software for hotels, replacing traditional paper-based administrative and operational workflows used across the hospitality industry.
Canary6 shared keywordsCanary manufactures home security cameras and related accessories under Arlo Technologies' ownership, offering camera products and professional monitoring services managed through a unified mobile application.
Red Canary5 shared keywordsAtomic Red Team is an open source, community-maintained library of small security tests mapped to the MITRE ATT&CK framework, letting security teams validate their ability to detect threats across Windows, macOS, Linux, and cloud environments. It is developed by Red Canary and includes tools such as the PowerShell-based Invoke-Atomic execution framework and Atomic Test Harnesses.

Companies competing with Project Canary for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Project Canary: Funding, Team & Investors | Startup Introsstartupintros.com · Jul 2026Project Canary | Investment | Insight Partnersinsightpartners.com · Nov 2022Project Canary Raises $111M in Series B Funding - FinSMEsfinsmes.com · Feb 2022Project Canary Raises $111M from Top Climate Tech and SaaS Focused Investors - ESG Newsesgnews.com · Feb 2022Climate Tech Startup Project Canary Raises $111 Million to Scale Emissions Measurement Solutions - Project Canaryprojectcanary.com · Feb 2022Project Canary Receives Series A Funding from Leading Venture Capital Firmsprnewswire.com · Apr 2021

Frequently asked questions

What does Project Canary do?
Project Canary develops a software platform and high-fidelity methane sensors that help oil & gas and utility operators detect and manage methane emissions across their assets. The company turns dispersed sensor, aerial, and satellite data into actionable operational insights for regulatory compliance and emissions reduction.
Who founded Project Canary?
Project Canary was founded by William Foiles, Chris Romer in 2018.
Who are Project Canary's investors?
Project Canary's investors include Baruch Future Ventures, Energy Impact Partners, Techstars, The Colorado Impact Fund, Frontier Venture Capital, Insight Partners, Quantum Energy Partners.
How much funding has Project Canary raised?
Project Canary has disclosed $111M raised across 1 of its 2 known rounds.
Where is Project Canary headquartered?
Project Canary is headquartered in Denver, US.