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Auto AI platform RapidCanvas raises $7.5 million in funding round led by Accel

Economic TimesEconomic Times Ā· 8m
Auto AI platform RapidCanvas raises $7.5 million in funding round led by Accel

RapidCanvas, an AI platform for businesses, has secured $7.5 million in a funding round led by Accel and featuring Valley Capital Partners. The funds will be used for customer acquisition, marketing, sales expansion, and research and development to stay ahead of the competition in the fast-evolving AI market. RapidCanvas allows business leaders and domain experts to create customized AI solutions without requiring data engineering or developer support. The company currently serves customers in the US, India, and Brazil, with partnerships including Amazon Web Services, Google, Azure, and Snowflake. Accel stated that enterprises worldwide recognize the potential of AI but are limited by time, talent, and financial resources.

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