# Canvas Medical funding: rounds and investors

> Canvas Medical has raised $27M across 2 rounds since 2018. Investors include Village Global, Upfront Ventures and M13. Every round with its source.

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

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

# Who invested in *Canvas Medical*

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

Biotech Hardware & Electronics Healthcare

Funding summary Updated 26 Oct 2026

**$27M** raised across 2 rounds since 2018, from 2 sources

**$3.0M** Round **$24M** Series B

- **Latest round:** Series B, $24M Jul 2022
- **Step-up i:** 8×
- **Investors:** 5

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2018 2019 2020 2021 2022

**$3.0M** Round

**$24M** Series B

- **First round:** Round, $3.0M
- **Biggest round:** $24M
- **Between rounds:** 4.3 years

## The rounds

- **Jul 2022** Series B **$24M** *3 new* *1 returning* [Upfront Ventures](https://millionrounds.com/fund/upfront-ventures) [Village Global](https://millionrounds.com/fund/village-global-2) [M13](https://millionrounds.com/fund/m13) [Inspired Capital Partners](https://millionrounds.com/fund/inspired-capital) Source recorded
- **Mar 2018** Round **$3.0M** *2 new* [Village Global](https://millionrounds.com/fund/village-global-2) Upfront Ventures/ iSeed Reported by FinSMEs

## Founders and team

From Canvas Medical's own website: 1 founder, 3 on the team.

**Andrew Hines** Founder

- **Adam Farren** Chief Executive Officer
- **Beau Gunderson** Chief Engineering Officer
- **Greg Miller** Chief Revenue Officer

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2018 **Series B** 2022 [Village Global](https://millionrounds.com/fund/village-global-2) [Upfront Ventures](https://millionrounds.com/fund/upfront-ventures) [M13](https://millionrounds.com/fund/m13) [Inspired Capital Partners](https://millionrounds.com/fund/inspired-capital) Upfront Ventures/ iSeed

## Everyone who backed them

[Village Global](https://millionrounds.com/fund/village-global-2) VC firm **2** rounds

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

[M13](https://millionrounds.com/fund/m13) VC firm **1** round

[Inspired Capital Partners](https://millionrounds.com/fund/inspired-capital) VC firm **1** round

Upfront Ventures/ iSeed no record of our own yet **1** round

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

## Also claim to have backed them

These 2 firms list Canvas Medical as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Western Technology Investment](https://millionrounds.com/fund/wti) VC firm Per its own site

[Ensemble Labs](https://millionrounds.com/fund/ensemble-labs) Family office Per its own site

## Quick answers about Canvas Medical

### Who invested in Canvas Medical?

Canvas Medical's investors include Village Global, Upfront Ventures, M13, Inspired Capital Partners and Upfront Ventures/ iSeed.

### How much has Canvas Medical raised?

Canvas Medical has raised $27M across 2 rounds since 2018.

### When did Canvas Medical last raise?

Canvas Medical's most recent round was a Series B of $24M in Jul 2022.

### What was Canvas Medical's biggest round?

Its most recent round, $24M in Jul 2022, is also its largest on record.

### Who backed Canvas Medical first?

Canvas Medical's first round on record, in Mar 2018, was backed by Village Global and Upfront Ventures/ iSeed.

### What stage is Canvas Medical at?

Canvas Medical's latest named round is a Series B, in Jul 2022.

### Where is Canvas Medical based?

Canvas Medical is based in the United States.

## Companies like Canvas Medical

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

[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Optivolt** $37M · Oct 2026](https://millionrounds.com/company/optivolt)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)

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