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AI execution company RapidCanvas raises $29M in Series B

AI execution company RapidCanvas has raised $29 million in Series B funding led by Vertex Ventures SEA & India. The round also saw participation from Hitachi Ventures and existing investors, including Accel, Peak XV Partners, Valley Capital Partners and Titanium Ventures.

Tarun Mottlia

Via YourStory

·Excerpt

The startup has raised a total funding to $52.5 million. RapidCanvas will use the Series B funding to grow its go-to-market teams and expand its network of private equity and advisory partners, who bring managed AI execution to their portfolio companies and clients. It will also grow its field AI engineering team across India, the US and Brazil.

Further, the company plans to invest in its three products: deepening the Enterprise Context Engine, expanding the skills library behind the Visual…

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