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Wednesday, 28 October 2026Updated 28 Oct 2026, 01:31 UTC
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FundingSource dated 16 Oct 2026

RapidCanvas raises $29M for managed enterprise AI delivery

RapidCanvas says it raised $29 million in a Series B led by Vertex Ventures SEA & India, with Hitachi Ventures and existing backers participating. The company combines an AI platform with field engineers who build and operate customer applications. It says the financing brings total funding to $52.5 million.

At a glance

Amount
$29M
Type / stage
Equity · Series B
Status
Announced
Announced
2026-10-16 (day)
Closed
Unknown
Investors / lenders
Vertex Ventures SEA & India, Hitachi Ventures, Accel, Peak XV Partners, Valley Capital Partners, Titanium Ventures
Valuation
Undisclosed · unknown