Canvas - About the company
Canvas is an acquired company based in San Francisco (United States), founded in 2017 by Henrik Bennetsen and Kevin Albert. It operates as a Robotic systems for the construction industry. Canvas has raised $24M in funding from Menlo Ventures. The company has 113 active competitors, including 15 funded and 6 that have exited. Its top competitors include companies like Flo Mobility, Monumental and FBR.
Company Details
Robotic systems for the construction industry. It provides various solutions for 3D perception, mapping, planning, and autonomation processes. It mainly caters to manufacturing, energy, robotics, and software and hardware interfaces.
- Website
- canvas.build
- Email ID
- *****@canvas.build
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2017
Location
San Francisco, United States
Stage
Acquired
Total Funding
$24M in 2 rounds
Latest Funding Round
Investors
Ranked
1st among 113 active competitors
Employee Count
107 as on May 31, 2026
Exit Details
Acquired by JLG Industries (Jan 07, 2026)
Legal entities associated with Canvas
Canvas is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CANVAS TECH INC. CIN: 851668532 , United States, Active | Dec 31, 1999 | - | 2 (As on Dec 31, 2022) | - |
Canvas's acquisition details
Canvas got acquired by JLG Industries on Jan 07, 2026.
Click here to take a look at Canvas's acquisition in detail
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Canvas's funding and investors
Canvas has raised a total funding of $24M over 2 rounds. Its latest funding round was a Series B round on Apr 15, 2021 for $*****. 7 investors participated in its latest round. Canvas has 7 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Canvas:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 15, 2021 | 4764902 | Series B | 8394230 | 6897768 | 2642181 | 4100649 |
View details of Canvas's funding rounds and investors
Canvas' founders and board of directors
Founder? Claim ProfileHere are the details of Canvas' key team members:
- Henrik Bennetsen: Co-Founder of Canvas and founder of 1 other company.
- Kevin Albert: Co-Founder & CEO of Canvas. Contact Info: 1 email address
View details of Canvas's Founder profiles and Board Members
Canvas' employee count trend
Canvas has 107 employees as of May 26. Here is Canvas's employee count trend over the years:
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Canvas's Competitors and alternates
Top competitors of Canvas include Flo Mobility, Monumental and FBR. Here is the list of Top 10 competitors of Canvas, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Canvas 2017, San Francisco (United States), Acquired | Robotic systems for the construction industry | $24M | 62/100 | |
2nd | Flo Mobility 2020, Bengaluru (India), Seed | Developer of autonomous robots for material movement, lawn care, and finishing | $3.33M | 61/100 | |
3rd | Monumental 2021, Amsterdam (Netherlands), Series B | Provider of robotic solutions for on-site construction tasks | $57M | 57/100 | |
4th | Developer of autonomous robotics for industrial applications | - | 52/100 | ||
5th | Developer of mobile service industrial robots | - | 51/100 | ||
6th | Diamond Age 2021, Phoenix (United States), Series A | Provider of innovative construction robotics solutions | $58M | 47/100 | |
7th | NeXtera Robotics 2019, Boston (United States), Seed | Provider of autonomous robots and AI for construction site management | - | 45/100 | |
8th | Raise Robotics 2021, San Francisco (United States), Seed | Provider of on-site construction robots to contractors | $20.3M | 45/100 | |
9th | Origin 2024, San Francisco (United States), Unfunded | Manufacturer of autonomous robots for performing various construction site tasks | - | - | 45/100 |
10th | Construction Robotics 2008, Victor (United States), Seed | Develops semi-automated masonry robots that work alongside a mason | $694K | 41/100 |
Looking for more details on Canvas's competitors? Click here to see the top ones
Canvas's Investments and acquisitions
Canvas has made no investments or acquisitions yet.
Reports related to Canvas
Here is the latest report on Canvas's sector:
News related to Canvas
Media has covered Canvas for a total of 3 events in the last 1 year.
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Oshkosh acquires core technology developed by CanvasThe Robot Report•Jan 07, 2026•Canvas, Oshkosh Corporation
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JLG Acquires Canvas Robotics Technology to Advance Jobsite AutomationRoofing Contractor•Jan 07, 2026•JLG Industries, Canvas
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Canvas, World’s First Robotic Drywall Finishing Company, Launches the 1200CXCanvas•Sep 20, 2024•Canvas
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Canvas’ new compact drywall finishing robot fits into smaller construction spacesThe Robot Report•Jul 10, 2024•Canvas
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Canvas + USG Partnership Aims to Transform Drywall IndustryRoboticstomorrow•May 17, 2023•Canvas, USG
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Hilti to build Drywall Finishing Robots for startup CanvasGeospatial World•Mar 14, 2023•Hilti, Canvas
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