RapidCanvas Raises $29M Series B

RapidCanvas, an enterprise AI execution company, has raised $29 million in a Series B funding round, bringing its total funding to $52.5 million. The company provides a platform that combines AI technology with dedicated engineering support to help enterprises move from AI pilots to production and reliable real-world outcomes.

Investors

The round was led by Vertex Ventures SEA & India, with participation from Hitachi Ventures and existing investors Accel, Peak XV Partners, Valley Capital Partners, and Titanium Ventures.

RapidCanvas Use of Funds

The company plans to use the new capital to expand its go-to-market teams, strengthen partnerships with private equity firms and advisers, and grow its AI engineering teams in India, the US, and Brazil. Additionally, the funds will support further platform development and governance initiatives.

About RapidCanvas

Founded to solve the gap between AI experimentation and reliable production deployment, RapidCanvas offers an enterprise AI platform paired with field AI engineers. The company focuses on developing custom applications tailored to specific business processes, ensuring accountability for performance and outcomes.

Funding Details

Company Website: https://rapidcanvas.ai

Company: RapidCanvas
Raised: $29M
Round: Series B
Funding Date: October 16, 2026
Lead Investor: Vertex Ventures SEA & India
Additional Investors: Hitachi Ventures, Accel, Peak XV Partners, Valley Capital Partners, Titanium Ventures
Software Category: Enterprise AI
Source: https://entrepreneur.economictimes.indiatimes.com/amp/news/funding/rapidcanvas-raises-29-mn-series-b-funding-led-by-vertex-ventures/134986182