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RapidCanvas Secures USD 29 Million in Funding Led by Vertex Ventures
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News18•16-10-2026, 22:15
RapidCanvas Secures USD 29 Million in Funding Led by Vertex Ventures
- •RapidCanvas has raised USD 29 million in a Series B funding round led by Vertex Ventures SEA and India.
- •The round saw participation from Hitachi Ventures and existing investors like Accel, Peak XV Partners, Valley Capital Partners, and Titanium Ventures.
- •This fresh financing brings the company's total funding to USD 52.5 million.
- •The funds will be used to grow go-to-market teams, expand the partner network, and increase the employee base in India.
- •Investment will also be directed toward growing field AI engineering teams in India, the US, and Brazil, alongside product development.
Key Questions Answered
RapidCanvas raised USD 29 million (about Rs 275 crore) in a Series B funding round led by Vertex Ventures SEA and India.
The company will use the capital to grow its go-to-market and field AI engineering teams across India, the US, and Brazil, expand its private equity and advisory partnerships, and invest in its three core products.
The fresh financing of USD 29 million brings RapidCanvas's total funding raised to USD 52.5 million.
