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Recently Funded|Amount: USD 10.0M|Industry: Software Development

Canvas Secures $10 Million in Series A Funding for Revolutionary 3D Space Capture Technology

Canvas

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11-50 employees employees (Est.)
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In an exciting development for the home improvement and construction industries, Canvas has successfully raised $10 million in its latest funding round. Canvas is revolutionizing the way home improvement professionals operate by offering a cutting-edge solution that captures spaces in 3D using just an iPad or iPhone. This innovative technology significantly streamlines workflows, saving professionals countless hours on essential tasks such as field measurements, as-built drawings, and CAD models. The funding will be instrumental in enhancing Canvas's product development, allowing for further refinement of its user-friendly platform and the introduction of advanced features. Additionally, the investment will facilitate expansion into new markets and bolster marketing efforts to reach a wider audience of architects, contractors, and designers who can benefit from this time-saving tool. As the construction landscape increasingly embraces digital transformation, Canvas stands at the forefront, enabling professionals to enhance their efficiency and deliver projects faster and with greater accuracy. With this financial backing, the company is poised to solidify its position as a market leader, bringing convenience and precision to the competitive world of home improvement. Exciting times lie ahead as Canvas continues to innovate and redefine industry standards, ensuring that technology serves to enhance the remarkable craftsmanship of professionals in the field.
January 29, 2025

Buying Signals & Intent

Our AI suggests Canvas may be interested in solutions related to:

  • CAD Software
  • Measurement Tools
  • 3D Scanning Technology
  • Interior Design Tools
  • Construction Management Software

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