# Canvass AI: Information technology & services, Toronto, Canada

> Canvass AI: Canvass AI, founded in 2016 and based in Toronto, Ontario, is a leader in industrial artificial intelligence software. Based in Toronto, Canada.

Source: https://millionrounds.com/startup/canvass-ai (Millionrounds; every figure on the page links to its filing or article)

Canada · [Information technology & services startup](https://millionrounds.com/companies)

# Canvass AI

Canvass AI, founded in 2016 and based in Toronto, Ontario, is a leader in industrial artificial intelligence software.

Funding reported Last round: Series A

Information technology & services Toronto, Canada

Company summary

- **Founded:** 2016 10 years old
- **Team:** 13 11 to 50 people
- **Funding reported:** 20.7M as listed, currency not stated
- **Last round:** Series A Aug 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Canvass AI has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Canvass AI

Canvass AI, founded in 2016 and based in Toronto, Ontario, is a leader in industrial artificial intelligence software.

The company specializes in predictive analytics platforms that enable industrial engineers and plant operators to automate processes and optimize operations without needing coding skills. Canvass AI aims to democratize AI for the industrial sector, providing tools that allow users to gain actionable insights and enhance sustainability. The core offering is a Generative AI platform that features a no-code/low-code interface, allowing users to build and deploy AI models easily. This platform delivers real-time insights for various industrial applications, including anomaly detection, asset optimization, and sustainability efforts. Canvass AI serves a diverse range of industries, including oil and gas, chemicals, manufacturing, automotive, energy, food and beverage, and metals and mining, helping companies improve operational efficiency and reduce costs. The company has received funding from notable investors like Yamaha Motor Ventures and Alphabet's Gradient Ventures, reflecting strong confidence in its innovative technology.

## What company datasets say Canvass AI raised

Funding, as reported

Reported in all **20.7M** in the source's currency

Rounds **5**

Last round **Series A**

Last round size **7.7M**

Last round date **Aug 2022**

Investors listed **8**

## Founders and team

From Canvass AI's own website: 1 founder, 2 on the team.

**Humera Malik** CEO, Co-Founder

- **Eman Nejad** VP Product
- **John Murdoch** VP Platform and Operations

## On 2 portfolio pages

Investors who name them

- [Real Ventures](https://millionrounds.com/fund/real-ventures)
- [Rep Matters Angel Network](https://millionrounds.com/fund/rep-matters-angel-network)

Each firm lists Canvass AI on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

ai for document analysis industrial automation health care predictive models healthcare analytics ai assistants ai for government transparency knowledge graph manufacturing computer & network security enterprises ai for healthcare information technology & services ai for document management ai for safety monitoring financial services

Built with from their website

Microsoft Azure Monitor Docker Google Tag Manager Amazon CloudFront jQuery CDN Kubeflow Atlassian TypeScript YouTube Cloudflare DNS

+8 more

Django CloudFlare Viewport Meta Google Drive Terraform HTTP/3 Hubspot GoDaddy Domains

- **Sector:** Information technology & services
- **Industry code:** NAICS 54151, 51321, SIC 7375
- **Region:** Ontario
- **Revenue:** 4.2M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/canvass-ai)

## Information technology & services in Canada

Startups like it

- [**Cohere** Toronto · founded 2019 *Raised*](https://millionrounds.com/company/cohere)
- [**Hopper** Montreal · founded 2007 *Raised*](https://millionrounds.com/company/hopper)
- [**Top Hat** Toronto · founded 2009 *Raised*](https://millionrounds.com/company/top-hat)
- [**neuvoo** Montreal · founded 2011 *Raised*](https://millionrounds.com/company/neuvoo)
- [**TrackTik** Montreal · founded 2010 *Raised*](https://millionrounds.com/company/tracktik)
- [**Elastic Path** Vancouver · founded 2000 *Raised*](https://millionrounds.com/company/elastic-path)
- [**Benevity** Calgary · founded 2008 *Raised*](https://millionrounds.com/company/benevity)
- [**gaiia** Montreal · founded 2023 *Raised*](https://millionrounds.com/company/gaiia)

## Is this your company?

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