RapidCanvas Raises $29M Series B to Bring Fortune 100-Grade AI to Every Enterprise

Led by Ve tex Ve tu es SEA & I dia with pa ticipatio f om Hitachi Ve tu es, the ou d will scale RapidCa vas’ Hyb id App oach™, pai i g its AI platfo m with field AI e gi ee s.

AUSTIN, Texas, Oct. 16, 2026 (GLOBE NEWSWIRE) — RapidCa vas, the ma aged AI executio compa y pio ee i g the Hyb id App oach to delive custom AI solutio s at SaaS eco omics, has aised $29 millio i Se ies B fu di g led by Ve tex Ve tu es SEA & I dia with pa ticipatio f om Hitachi Ve tu es. Existi g i vesto s Accel, Peak XV Pa t e s, Valley Capital Pa t e s a d Tita ium Ve tu es also pa ticipated i the ou d. The fi a ci g b i gs total fu di g to $52.5 millio . The aise follows 8x g owth i a ual ecu i g eve ue ove the past six qua te s as e te p ises dema d outcomes f om custom AI i p oductio . Mo e tha 40% of RapidCa vas’ custome s ow u multiple AI use cases i p oductio .

RapidCa vas pai s its AI platfo m with field AI e gi ee s to delive custom AI solutio s. AI e gi ee s lea each custome ‘s busi ess p ocesses, desig a d build custom AI applicatio s, a d stay accou table fo the applicatio s’ outcomes afte delive y. The RapidCa vas AI platfo m b i gs togethe th ee p oducts: The E te p ise Co text E gi e™ lets a e te p ise captu e how a busi ess p ocess u s, f om equi eme ts a d t ibal k owledge to data schemas a d decisio histo y, a d the e te p ise ow s that co text. The Visual Developme t Ca vas lets AI e gi ee s apidly build custom AI solutio s that meet i dust y be chma ks, d awi g o a skills lib a y that gives each ew solutio a 60% head sta t f om p ove , be chma ked code. The Ope atio al Ha ess ma ages a d gove s AI solutio s o ce they’ e deployed i p oductio . RapidCa vas offe s its Hyb id App oach at subsc iptio p ici g, cha gi g the eco omics of e te p ise AI.

So fa i 2026, mo e tha 75 e te p ises i ma ufactu i g, fi a cial se vices, etail, busi ess se vices a d i f ast uctu e have made 1.4 millio AI-led decisio s with applicatio s built o RapidCa vas.

“AI ca be the g eat equalize , but so fa its biggest wi s have go e to the Fo tu e 100. We wa t to give eve y e te p ise the same oppo tu ity,” said Rahul Pa gam, co-fou de a d CEO of RapidCa vas. “Vibe codi g has made it easy to sta t buildi g with AI. Getti g AI i to p oductio eliably a d safely still emai s the biggest gap. Ou g owth ove the past six qua te s is evide ce that AI i e te p ises is movi g beyo d pilots i to p oductio a d eal ope atio s.”

RapidCa vas se ves a u de se ved ma ket: e te p ises with $100 millio to $10 billio i eve ue that have AI budgets a d C-suite ma dates but o p ove path to outcomes. These compa ies a e caught betwee se vices fi ms that cha ge millio s a d take mo ths to delive , a d do-it-you self platfo ms that equi e specialized AI tale t most of them do ’t have. I co ve satio s with mo e tha 400 busi ess leade s, RapidCa vas fou d that most C-level executives expect a etu o AI withi six to 12 mo ths, yet ve y few have moved beyo d pilots a d p oofs of co cept.

“Most e te p ises a e still sea chi g fo eal etu s o thei AI spe d. RapidCa vas delive s them by pai i g a AI platfo m that compou ds with eve y deployme t a d field AI e gi ee s who ow the outcome e d to e d. The p oof is i the custome pull: e te p ises keep expa di g i to ew use cases a d fu ctio s. We’ e excited to lead this Se ies B a d back a team that has built a d scaled this playbook befo e.” said Piyush Kha ba da, Ge e al Pa t e at Ve tex Ve tu es SEA & I dia.

“E te p ise AI will ultimately be measu ed by the eco omics of delive i g outcomes at scale. RapidCa vas combi es ha ds-o e gi ee i g with a p oductized platfo m, allowi g what sta ts as custom delive y to become i c easi gly epeatable a d scalable. That shift f om se vices eco omics towa d softwa e eco omics is co e to ou AI omics thesis at Hitachi Ve tu es, a d we’ e glad to pa t e with the team as they scale,” said Radhika A a th, Head of I dia a d I vestme t Di ecto at Hitachi Ve tu es.

RapidCa vas will use the Se ies B fu di g to g ow its go-to-ma ket teams a d expa d its etwo k of p ivate equity a d adviso y pa t e s, who b i g ma aged AI executio to thei po tfolio compa ies a d clie ts as a epeatable path to value. It will also g ow its field AI e gi ee i g team ac oss the U.S., B azil a d I dia. The compa y will i vest i all th ee of its p oducts: deepe i g the E te p ise Co text E gi e, g owi g the skills lib a y behi d the Visual Developme t Ca vas, a d st e gthe i g gove a ce i the Ope atio al Ha ess.

About RapidCa vasRapidCa vas is a ma aged AI executio compa y that takes o ga izatio s f om co cept to p oductio to scaled t a sfo matio . The RapidCa vas Hyb id App oach™ pai s elite huma expe ts with a pu pose-built age tic platfo m, delive i g solutio s that a e huma -led, age t-executed, a d outcome-fi st. Pa t e s i clude leade s i ma ufactu i g, etail/co sume goods, fi a cial se vices, busi ess se vices, supply chai , a d i f ast uctu e. Recog ized as a top 5 Data Scie ce a d Machi e Lea i g platfo m by G2. See apidca vas.ai.

About Ve tex Ve tu es Southeast Asia & I diaVe tex Ve tu es Southeast Asia & I dia is a leadi g ea ly-stage ve tu e capital fi m focused o pa t e i g with high-g owth sta tups ac oss Southeast Asia a d I dia. With a st o g etwo k a d st ategic expe tise, they have i vested i successful compa ies such as G ab, Fi stC y, Nium, Licious, Kuku FM, Abacus Digital, RPG Comme ce a d PatS ap, d ivi g i ovatio a d scali g busi esses ac oss va ious secto s. See – https://www.ve texve tu es.sg

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Justi Fi ega Samso PR fo RapidCa vas917-952-4752 apidca vas@samso p .com

A photo accompa yi g this a ou ceme t is available at https://www.globe ewswi e.com/NewsRoom/Attachme tNg/5f7342ce-03f7-429f-a18e-5e74c19aad15