# Canal funding: rounds and investors

> Canal has raised $23M across 1 round since 2022. Investors include Andreessen Horowitz, Gaingels and BoxGroup. Every round with its source.

Source: https://millionrounds.com/company/canal (Millionrounds; every figure on the page links to its filing or article)

United States · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Canal*

One round we have observed, with the 5 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Consumer Goods

Funding summary Updated 26 Oct 2026

**$23M** raised across 1 round since 2022, from 1 source

- **Latest round:** Series A, $23M Mar 2022
- **Investors:** 5

See who backed them

## The rounds

- **Mar 2022** Series A **$23M** [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Gaingels](https://millionrounds.com/fund/gaingels) [BoxGroup](https://millionrounds.com/fund/boxgroup) [Coatue](https://millionrounds.com/fund/coatue-management) [Forerunner Ventures](https://millionrounds.com/fund/forerunner-ventures) Source recorded

## Everyone who backed them

[Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **1** round

[Gaingels](https://millionrounds.com/fund/gaingels) Private equity **1** round

[BoxGroup](https://millionrounds.com/fund/boxgroup) VC firm **1** round

[Coatue](https://millionrounds.com/fund/coatue-management) VC firm **1** round

[Forerunner Ventures](https://millionrounds.com/fund/forerunner-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=canal).

## Quick answers about Canal

### Who invested in Canal?

Canal's investors include Andreessen Horowitz, Gaingels, BoxGroup, Coatue and Forerunner Ventures.

### How much has Canal raised?

Canal has raised $23M across 1 round since 2022.

### When did Canal last raise?

Canal's most recent round was a Series A of $23M in Mar 2022.

### What was Canal's biggest round?

Its most recent round, $23M in Mar 2022, is also its largest on record.

### Who backed Canal first?

Canal's first round on record, in Mar 2022, was backed by Andreessen Horowitz, Gaingels and BoxGroup and 2 others.

### What stage is Canal at?

Canal's latest named round is a Series A, in Mar 2022.

### Where is Canal based?

Canal is based in the United States.

## Companies like Canal

In the same sector, and raised in the last eighteen months.

[**Rosie** $7.0M · Oct 2026](https://millionrounds.com/company/rosie)[**PlantSwitch** $33M · Oct 2026](https://millionrounds.com/company/plantswitch)[**Confido** $82M · Sept 2026](https://millionrounds.com/company/confido)[**AmorSui** $2.8M · Sept 2026](https://millionrounds.com/company/amorsui)[**David** $325M · Sept 2026](https://millionrounds.com/company/david)[**Culture POP Soda** $7.5M · Sept 2026](https://millionrounds.com/company/culture-pop-soda)

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