AI Execution Platform RapidCanvas Raises $29M in Series B Funding

16 Oct 2026, 3:25 pm · 10h ago · 1 min read · YourStory

Amount

$29M

Stage

Series B

Lead

Vertex Ventures SEA & India

Enterprise AI execution platform RapidCanvas has raised $29 million in a Series B funding round led by Vertex Ventures SEA & India. The round witnessed participation from Hitachi Ventures alongside existing investors Accel, Peak XV Partners, Valley Capital Partners, and Titanium Ventures, bringing total funding to $52.5 million. RapidCanvas pairs its proprietary AI platform with field AI engineers to build custom enterprise AI solutions. The startup plans to use the fresh capital to expand its go-to-market teams, strengthen its partner networks, and scale its field engineering teams across India, the US, and Brazil.