RapidCanvas Secures $16M in Funding to Advance AI Agents Platform

RapidCanvas leverages Large Language Models to power its AI agents, enabling them to process large-scale data, detect patterns, and make intelligent decisions.

RapidCanvas Secures $16M in Funding to Advance AI Agents Platform
Source: RapidCanvas

Company Name: RapidCanvas
Location: Austin, TX
Industry: AI Agents and Enterprise Automation

Funding Details:

  • Amount: $16M
  • Investors: Peak XV, Titanium Ventures, Accel, Valley Capital Partners
  • Total Funding to Date: $23.5M

Purpose of Investment:
The funds will be used to expand operations, accelerate product development, and enhance the company’s AI-powered platform.

Leadership:

  • Co-Founders: Rahul Pangam, Uttam Phalnikar

Product:
RapidCanvas provides an AI platform that merges AI agents with human domain expertise, enabling enterprises to create custom, high-performance, production-grade AI solutions.

About the Company:
RapidCanvas leverages Large Language Models to power its AI agents, enabling them to process large-scale data, detect patterns, and make intelligent decisions. The platform transforms enterprise workflows by automating tasks that would traditionally require human intervention, allowing businesses to achieve scalable and measurable business outcomes.

Its AI agents can read thousands of pages of content within seconds, performing tasks in moments that would otherwise take humans days to complete. This ability to combine scale, speed, and human-like cognitive capabilities makes RapidCanvas a key enabler of enterprise automation and intelligent decision-making.