RapidCanvas

Austin, United States Founded: 2021 • Age: 5 yrs
An artificial intelligence-based platform for data science is provided.
Annual revenue $960,278 Latest available
Total funding $47.4M 3 rounds
Employees 17 Tracked headcount
Investors 5 Known backers
Products 2 Services tracked
Competitors 11 Brand Intelligence

About RapidCanvas

RapidCanvas is a company based in Austin (United States) founded in 2021 by Rahul Pangam. RapidCanvas has raised $47.36 million across 3 funding rounds from investors including Accel, Peak XV Partners and Titanium Ventures. The company has 17 employees as of April 08, 2024. RapidCanvas offers products and services including AI Platform and AI Agents. RapidCanvas operates in a competitive market with competitors including Databricks, Altair, Sisense, Dataiku and DataRobot, among others.

  • Headquarter Austin, United States
  • Employees 17 as on 08 Apr, 2024
  • Founders Rahul Pangam
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Rapid Canvas India Private Limited
  • Date of Incorporation 18 Apr, 2022
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $960.28 K (USD)
    0
    as on Mar 31, 2023
  • Net Profit
    $94.07 K (USD)
    0
    as on Mar 31, 2023
  • EBITDA
    $150.3 K (USD)
    0
    as on Mar 31, 2023
  • Total Equity Funding
    $47.36 M (USD)

    in 3 rounds

  • Latest Funding Round
    $16 M (USD), Series A

    Dec 11, 2024

  • Investors
    Accel

    & 4 more

  • Employee Count
    17

    as on Apr 08, 2024

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Products & Services of RapidCanvas

RapidCanvas offers a comprehensive portfolio of products and services, including AI Platform and AI Agents.

Product name locked
Category locked
Primary

Platform for building custom AI solutions from data.

Product name locked
Category locked
Locked

Agents that automate and enhance data-driven decisions.

People of RapidCanvas

Headcount 50-200
Employee Profiles 11
Employee Profiles
People
Leslie Na
Vice President Of Business Development
People
Ray Hsu
Vice President, Manufacturing AI Solutions
People
Fuge Zou
Head Of Data Science
People
Saurabh Thakral
Vice President Of Sales - Asia

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Funding Insights of RapidCanvas

RapidCanvas has successfully raised a total of $47.36M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $16 million completed in December 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in RapidCanvas

RapidCanvas has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Accel, Peak XV Partners and Titanium Ventures.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital firm investing in startups and providing support programs.
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-
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Accel is recognized as a leading venture capital firm.
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Investor details for RapidCanvas

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  • Investor domains
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Investments & Acquisitions by RapidCanvas

Investments
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Investment portfolio details for RapidCanvas

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Financial Statements - RapidCanvas

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Detailed financials for RapidCanvas

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Rapidcanvas Comparisons

RapidCanvas Primary company
Description
An artificial intelligence-based platform for data science i...
Location
Austin, United States
Founded Year
2021
Annual Revenue
$960.28 K (USD)
Net Profit
$94.07 K (USD)
EBITDA
$150.3 K (USD)
Employees
17
As of 2024
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Peer comparison for RapidCanvas

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of RapidCanvas

RapidCanvas operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Databricks, Altair, Sisense, Dataiku and DataRobot, among others.

Company Name Domain Founded year HQ Location Description
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Data, analytics, and AI capabilities are unified in a platform.
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AI-powered data science platform enables model deployment and analytics insights.
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Business intelligence and data analysis solutions are provided for enterprises.
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Platform offering AI and web-based data science platform
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Provider of an AI and cloud based data science platform
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AI-based AR and VR solutions for data visualization are provided.
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Detailed competitors of RapidCanvas

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Latest news on Rapidcanvas

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Complete news archive for RapidCanvas

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Frequently Asked Questions about RapidCanvas

RapidCanvas was founded in 2021 and raised its 1st funding round 3 years after it was founded.

RapidCanvas is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Rahul Pangam is the current CEO of RapidCanvas. They have also founded this company.

RapidCanvas is a funded company, having raised a total of $47.36M across 3 funding rounds to date.

As of Apr 08, 2024, the latest employee count at RapidCanvas is 17.

Annual revenue of RapidCanvas is $960.28K as on Mar 31, 2023.

RapidCanvas was founded in 2021 and is based in Austin, United States. An AI-driven data science platform is operated by the company, enabling data analysis, modeling, and automation tasks. Services are extended to users in the technology sector, supporting predictive analytics and machine learning workflows. The platform is accessible via its domain, with leadership provided by co-founder and CEO Rahul Pangam. Operations remain focused on the U.S. market.

RapidCanvas's top competitors include Databricks, Altair and DataRobot.

RapidCanvas offers AI Platform and AI Agents.

RapidCanvas has 5 investors. Key investors include Accel, Peak XV Partners, Titanium Ventures, Valley Capital Partners, and Valley Capital Partners.

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