United States · Series B startup

Who invested in RapidCanvas

2 rounds we have observed, with the 7 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.

AIEnterprise Software

Raised this month

Funding summaryUpdated 26 Oct 2026

$53Mraised across 2 rounds since 2024, from 11 sources

$24MSeries A$29MSeries B
Latest round
Series B, $29MOct 2026
Led by
Vertex Ventures US and Vertex Ventures SEA & India
Step-upi
1.2×
Investors
7 (2 led)
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.

20252026
$24MSeries A$29MSeries B
First round
Series A, $24M
Dec 2024
Biggest round
$29M
Series B · Oct 2026
Between rounds
22 months
from the last two

The rounds

  1. Oct 2026
  2. Dec 2024
    Series A$24M2 new

    Source recordedSEC filing: $24M sold, first sale Sept 2024

Founders and team

From RapidCanvas's own website: 7 on the team.

  • Rahul PangamChief Executive Officer
  • Marcelo VieiraChief Business Officer
  • Shatay TrigèreChief Marketing Officer
  • Uttam PhalnikarChief Technology Officer
  • Ray HsuVP of Industrial AI Solutions
  • Varun Reddy PuttaHead of Product
  • Vinay ChagantiVP of Business Development

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.

Everyone who backed them

Peak XVVC firm2rounds
Titanium VenturesVC firm2rounds
Vertex Ventures USVC firm1round, led 1
Vertex Ventures SEA & IndiaGrowth equity1round, led 1
AccelVC firm1round
Hitachi VenturesCorporate VC1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

This firm lists RapidCanvas as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

Telstra VenturesVC firmPer its own site

Quick answers about RapidCanvas

Who invested in RapidCanvas?

RapidCanvas's investors include Peak XV, Titanium Ventures, Vertex Ventures US, Vertex Ventures SEA & India and Accel, and 2 more on record. Vertex Ventures US led its latest round.

How much has RapidCanvas raised?

RapidCanvas has raised $53M across 2 rounds since 2024.

When did RapidCanvas last raise?

RapidCanvas's most recent round was a Series B of $29M in Oct 2026, led by Vertex Ventures US.

What was RapidCanvas's biggest round?

Its most recent round, $29M in Oct 2026, is also its largest on record.

Who backed RapidCanvas first?

RapidCanvas's first round on record, in Dec 2024, was backed by Peak XV and Titanium Ventures.

What stage is RapidCanvas at?

RapidCanvas's latest named round is a Series B, in Oct 2026.

Where is RapidCanvas based?

RapidCanvas is based in the United States.

Who led RapidCanvas's rounds?

Vertex Ventures US led the Series B in 2026.

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