RapidCanvas lands $29M Series B for agent-built custom AI
What's the deal? RapidCanvas has raised $29 million in a Series B round, chief executive officer Rahul Pangam told Axios Pro. The startup uses AI agents to help businesses build and deploy custom AI applications.
What's the endgame? RapidCanvas aims to make custom AI accessible to enterprises that lack the in-house talent to build it themselves. Its agentic platform handles the development and deployment work.
Why now? Enterprise demand for agentic tools has surged as companies race to turn generative AI promise into working applications. The fresh capital arrives as RapidCanvas scales its platform.
What's next? The company could look to raise a Series C by late next year as the platform continues to evolve, Pangam says.
The signal: At $29 million, the round sits in the upper third of comparable deals by size, a sign investors remain willing to back startups building the infrastructure behind enterprise AI.
Read more: Axios
Image credit: Generated with Gemini
