RapidCanvas
Assembly Line
RapidCanvas gets $16M as it successfully puts AI agents to work, addressing tech talent shortage
As AI adoption accelerates, a critical shortage of technical talent threatens to bottleneck progress for many companies. RapidCanvas is breaking this barrier by democratizing AI-driven business transformation. The company announced a $16M funding round for its AI agents that automate up to 75% of complex tasks traditionally performed by data scientists and engineers. These agents, powered by Large Language Models (LLMs), can process vast amounts of information, identify patterns, and make decisions, effectively replicating many human skills.
The Series A funding round was led by Peak XV, with additional participation from Titanium Ventures and existing investors Accel and Valley Capital Partners. This brings RapidCanvas’s total funding to over $23.5M since its inception in 2021.
RapidCanvas Exits Stealth with $7.5 Million in Seed Funding to Empower Business Users with AutoAI platform
RapidCanvas, the AI platform built for business, announced it has launched with $7.5 million in seed funding led by Accel with participation from Valley Capital Partners. RapidCanvas emerges from stealth mode with early adopter business leaders having already validated the platform by driving real business outcomes. These leaders were able to accelerate their AI transformation by prototyping AI solutions in days and deploying the solutions in production environments within a month, all without writing a single line of code.
RapidCanvas is the first end-to-end platform to automate and guide business leaders and domain experts to create an AI solution quickly with a conversational interface, eliminating the need for support from data engineering teams and developers.
RapidCanvas is already empowering global companies, including Fortune 200, across the manufacturing, direct-to-consumer, real estate, and financial services industries with tailored AI solutions.