Canvass AI logo — Industrial AI For High Performance Decision Making

Canvass AI

Industrial AI For High Performance Decision Making

Founded 2016 Canada Toronto, Canada 31 employees Series A Total: $20.73M AI, Analytics +2

General Information

Company Name Canvass AI
Founded Year 2016
Location Canada Toronto, Canada
Founders / Decision Makers
Team member
Employees 31
Industries AI, Analytics, Automation +1
Funding Stage Series A
Social

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About Canvass AI

Canvass AI, with the slogan "Industrial AI For High Performance Decision Making," was founded in 2016 in Canada. The company specializes in AI, Analytics, Automation, and Industrial solutions. Canvass AI recently secured a significant $3.30M Series A investment on 9th August 2022, with Yamaha Motor Ventures and Laboratory being the lead investor. Canvass AI's mission is to turn the potential of Industrial AI into reality by providing a dedicated AI platform for the industrial sector. They cater to leading oil and gas, chemicals, and manufacturing companies, helping them leverage their data to enhance operational performance, gain a competitive edge, and establish new sustainability benchmarks. Learn more about Canvass AI at www.canvass.io.

Business keywords: Industrial AI, AI platform, Industrial Operations, Industrial IoT, Automated Analytics, Industrial Analytics, Predictive Analytics, Industry 4.0, Continuous Process Improvement, Oil and Gas, Chemical manufacturing, Pharmaceutical production

Funding Rounds & Investors (5)

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Funding Stage Amount Investors Lead Investors Date
Series A $3.30M 1
Yamaha Motor Ventures and Laboratory
09 Aug 2022
Grant $4.43M 1
Government of Canada
22 Apr 2022
Series A $6.50M 5
Real Ventures, Viaduct Ventures +3
28 Oct 2020
Seed Round $5.00M 3
Real Ventures, Gradient Ventures +1
21 Aug 2018
Seed Round $1.50M -
01 Jun 2017

Canvass AI Alternatives & Competitors

View All Alternatives
Canvass AI vs
CPNET.AI
CPNET.AI United States

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Pre-Seed
13 employees
AI, Analytics
Canvass AI vs

Industrial Analytics for a Better Tomorrow

Series A
33 employees
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Canvass AI vs
Datanomix
Datanomix United States

Make More With Data-Powered Production

Venture round
39 employees
Analytics, Industrial

FAQ About Canvass AI

Industrial AI For High Performance Decision Making
Canvass AI was founded in 2016.
Canvass AI is headquartered in Toronto, Canada.
Canvass AI operates in AI, Analytics, Automation and Industrial. Its work centres on Industrial AI, AI platform, Industrial Operations and Industrial IoT.
Canvass AI has approximately 31 employees.
Canvass AI has completed 5 funding rounds, raising a total of $20.73M. The latest funding stage is Series A.
Top alternatives and competitors to Canvass AI include CPNET.AI, Arundo Analytics, Datanomix, CorrosionRADAR, NeuDax. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Canvass AI and CPNET.AI are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Canvass AI, https://bouncewatch.com/company/canvass-ai, updated 3 March 2025. When citing, please name BounceWatch and link this page.

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