Canvas Raises $50M in Series C; Valued At $400M

15 Sep, 2021

Canvas Raises $50M in Series C; Valued At $400M
Photo by Niti K. on Unsplash

– Canvas is a San Francisco, CA-based diversity recruitment platform.
– Series C $50m round brings company valuation to $400m.
– The round was led by Owl Ventures and attracted new investor Sequoia as well as existing investors Lachy Groom, Zoom Apps Fund, HighSage Ventures, BAM Elevate and Fifth Down Capital.
– The new investment will be aimed at expanding the product into other industries and verticals outside of technology, and make new R&D investments to further develop the platform’s insights and recommendation systems.

Information Technology North America Professional Networking Recruiting
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