# RapidCanvas funding: rounds and investors > RapidCanvas has raised $53M across 2 rounds since 2024. Investors include Peak XV, Titanium Ventures and Vertex Ventures US. Every round with its source. Source: https://millionrounds.com/company/rapidcanvas (Millionrounds; every figure on the page links to its filing or article) United States · [Series B startup](https://millionrounds.com/companies) # 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. AI Enterprise Software Raised this month Funding summary Updated 26 Oct 2026 **$53M** raised across 2 rounds since 2024, from 11 sources **$24M** Series A **$29M** Series B - **Latest round:** Series B, $29M Oct 2026 - **Led by:** Vertex Ventures US and Vertex Ventures SEA & India - **Step-up i:** 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. 2025 2026 **$24M** Series A **$29M** Series B - **First round:** Series A, $24M - **Biggest round:** $29M - **Between rounds:** 22 months ## The rounds - **Oct 2026** Series B **$29M** *5 new* *2 returning* [Vertex Ventures US](https://millionrounds.com/fund/vertex-ventures-us) Lead [Vertex Ventures SEA & India](https://millionrounds.com/fund/vertex-ventures-sea-and-india) Lead [Accel](https://millionrounds.com/fund/accel) [Peak XV](https://millionrounds.com/fund/peak-xv) [Hitachi Ventures](https://millionrounds.com/fund/hitachi-ventures) [Titanium Ventures](https://millionrounds.com/fund/titanium-ventures) [Valley Capital Partners](https://millionrounds.com/fund/valley-capital-partners) Reported by The Economic Times: startups and 9 others SEC filing: $29M sold - **Dec 2024** Series A **$24M** *2 new* [Peak XV](https://millionrounds.com/fund/peak-xv) [Titanium Ventures](https://millionrounds.com/fund/titanium-ventures) Source recorded SEC filing: $24M sold, first sale Sept 2024 ## Founders and team From RapidCanvas's own website: 7 on the team. - **Rahul Pangam** Chief Executive Officer - **Marcelo Vieira** Chief Business Officer - **Shatay Trigère** Chief Marketing Officer - **Uttam Phalnikar** Chief Technology Officer - **Ray Hsu** VP of Industrial AI Solutions - **Varun Reddy Putta** Head of Product - **Vinay Chaganti** VP 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. **Series A** 2024 **Series B** 2026 [Peak XV](https://millionrounds.com/fund/peak-xv) [Titanium Ventures](https://millionrounds.com/fund/titanium-ventures) [Vertex Ventures US](https://millionrounds.com/fund/vertex-ventures-us) L [Vertex Ventures SEA & India](https://millionrounds.com/fund/vertex-ventures-sea-and-india) L [Accel](https://millionrounds.com/fund/accel) [Hitachi Ventures](https://millionrounds.com/fund/hitachi-ventures) [Valley Capital Partners](https://millionrounds.com/fund/valley-capital-partners) ## Everyone who backed them [Peak XV](https://millionrounds.com/fund/peak-xv) VC firm **2** rounds [Titanium Ventures](https://millionrounds.com/fund/titanium-ventures) VC firm **2** rounds [Vertex Ventures US](https://millionrounds.com/fund/vertex-ventures-us) VC firm **1** round, led 1 [Vertex Ventures SEA & India](https://millionrounds.com/fund/vertex-ventures-sea-and-india) Growth equity **1** round, led 1 [Accel](https://millionrounds.com/fund/accel) VC firm **1** round [Hitachi Ventures](https://millionrounds.com/fund/hitachi-ventures) Corporate VC **1** round [Valley Capital Partners](https://millionrounds.com/fund/valley-capital-partners) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=rapidcanvas). ## 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 Ventures](https://millionrounds.com/fund/telstra-ventures) VC firm Per 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. ## Companies like RapidCanvas In the same sector, and raised in the last eighteen months. [**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app