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RapidCanvas raises $29M Series B to build custom enterprise AI applications

1 article1 sourcesince Oct 16Last article 2h ago ·

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RapidCanvas has raised $29 million in a Series B round led by Vertex Ventures SEA & India, according to SiliconANGLE. The software startup builds custom AI applications for enterprise clients.

The company says its automation platform cuts about 60% of the work involved in building those applications. It targets clients with $100 million to $1 billion in annual revenue. The 60% figure is the company's own claim and has not been independently verified in the report.

Written by AI from the articles below · updated Oct 16, 4:37 PM ET

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Oct 16
  1. SiliconANGLE · AINews
    RapidCanvas raises $29M to build custom enterprise AI applications

    AIRapidCanvas, a software startup, has raised $29 million in a Series B round led by Vertex Ventures SEA & India. The company says its automation platform cuts about 60% of the work involved in building AI applications for clients with $100 million to $1 billion in annual revenue.

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