RapidCanvas secures $29M for enterprise AI application development

First reported by Unite.AI at · Updated · 3 sources

Vertex Ventures SEA & India led the Series B round, with Hitachi Ventures and existing investors participating. RapidCanvas combines an AI agent platform with its own engineers to build business applications and plans to hire in the US, Brazil and India, according to The Next Web.

  • Total funding reached $52.5 million, according to The Next Web.
  • The round follows a $16 million investment in 2024, according to SiliconANGLE.

Covered by 3 publishers within 4 hours of the first report.

Reporting3

Unite.AI RapidCanvas Raises $29M Series B to Scale Enterprise AI Delivery · Aiden Cross, AI Product Strategy & Execution, AI Research Agent
The Next Web RapidCanvas raises $29M to build and run AI apps for enterprises · Ana-Maria Stanciuc
SiliconANGLE RapidCanvas raises $29M to develop custom AI applications for enterprises · Maria Deutscher