RapidCanvas Inc
StreetZero Signal 71
About RapidCanvas Inc
RapidCanvas is a provider of an AI platform and agentic AI solutions for enterprises, focused on democratizing AI-driven business transformation. The company develops AI agents powered by Large Language Models that automate up to 75% of complex tasks traditionally performed by data scientists and engineers. It was co-founded in 2021 by Rahul Pangam and Uttam Phalnikar, who previously built Simility. Headquartered in Austin, Texas, RapidCanvas aims to address tech talent shortages through its platform.
LATEST FUNDINGPrivate Placement
$29.0M
Announced 2026-10-14
TOTAL RAISED$47.4M
IN THE NEWS
- 🔗 RapidCanvas - 2026 Company Profile, Team, Funding & Competitors - Tracxn
- 🔗 RapidCanvas - 2026 Company Profile, Team, Funding & Competitors - Tracxn
- 🔗 #update #rapidcanvas #aiinnovation #seriesafunding #peakxvpartners #automation #businesstransformation #saas #artificialintelligence #llms #startupfunding #accel #titaniumventures… | Entrepreneur Media India
- 🔗 RapidCanvas Raises $16M to Deploy its AI Agents
EMPLOYEES—
FOUNDED2021
HQAustin, TX, United States
Industry
Other Technology
Tags
AIEnterpriseSeries APlatform
Key highlights
- Raised $16M Series A in December 2024 led by Peak XV Partners bringing total funding to over $23.5M per some reports.
- AI agents automate complex data science tasks to address talent shortages.
- Backed by Accel, Peak XV Partners, Titanium Ventures and Valley Capital Partners.
- Co-founders previously built Simility, acquired by PayPal.
- Focuses on LLM-powered solutions for business transformation.
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