RapidCanvas Raises $29 Million Series B to Expand Enterprise AI Teams
RapidCanvas has raised $29 million in a Series B led by Vertex Ventures SEA & India, with Hitachi Ventures and existing backers participating.
Key Facts
| Detail | Value |
|---|---|
| Deal size | $29 M |
| Stage | Series B |
| Lead investor | Vertex Ventures SEA & India |
| Sector | Rapidcanvas |
| Coverage | Startup Funding |
RapidCanvas has raised $29 million in Series B funding, according to an October 16 report. Vertex Ventures SEA & India led the round, with Hitachi Ventures joining existing investors Accel, Peak XV Partners, Valley Capital Partners and Titanium Ventures.
Details and Status
Founded by Rahul Pangam and Uttam Phalnikar, the enterprise AI startup plans to expand its go-to-market and engineering teams. The report does not disclose a valuation. The round is reported as completed, rather than a board proposal or funding discussion.
Questions Readers Ask
Who led the RapidCanvas Series B?
Vertex Ventures SEA & India led the $29 million round.
Reporting Source
Read the source report. Report date: 2026-10-16.
Image: AI-generated editorial illustration, not a photograph of the company, its founders or the transaction.
Reported by Rohit Menon. Spotted an error in this story? Request a correction or email corrections@startupory.com. See our editorial policy.
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