RapidCanvas Secures $7.5M Seed Funding to Transform AI Development for Business Users

RapidCanvas emerged from stealth mode with a vision to transform AI application development for businesses.

Source: RapidCanvas

Company Name: RapidCanvas

Location: Austin, TX

Sector: AI Platform for Businesses

Funding Details: Raised $7.5M in Seed funding, led by Accel with participation from Valley Capital Partners.

Purpose of Investment: To expand operations and development efforts and extend its business reach.

Leadership: CEO Rahul Pangam

Product: RapidCanvas democratizes the development of AI solutions for business users, enabling the creation of AI applications without coding expertise or the need for specialized data science knowledge. Leveraging AutoAI technology, it provides an automated journey from data to actionable predictions, supporting industries like manufacturing, DTC, real estate, and financial services.

About Company: RapidCanvas emerged from stealth mode with a vision to transform AI application development for businesses. By removing technical barriers, the platform allows business leaders to quickly prototype and deploy AI solutions, accelerating AI transformation across various sectors without coding requirements.

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