RapidCanvas

RapidCanvas is a managed AI execution company that helps enterprises move artificial intelligence projects from pilot stages to production environments. The company focuses on making AI capabilities accessible to mid-market enterprises, positioning AI as an equaliser that extends advanced capabilities beyond Fortune 100 companies. RapidCanvas has demonstrated significant growth, reporting eightfold increase in annual recurring revenue over six quarters prior to its Series B funding. More than 40 per cent of its customers now operate multiple AI applications in production settings. The company has raised a total of $52.5 million in funding, with its Series B round of $29 million led by Vertex Ventures SEA and India, with participation from Hitachi Ventures, Accel, Peak XV Partners, Valley Capital Partners and Titanium Ventures.

Managed AI execution platform enabling enterprises to deploy and operate AI applications in production environments