DENVER, CO, Jan 30, 2025 – Canvas has announced a $10M Series A funding round led by Trilogy Equity Partners & Foundry Group, with participation from Acquired Wisdom Fund, GC&H Investments, and Frontier VC. The funding will accelerate Canvas’s efforts to solve the challenge of turning mobile 3D scans into precise, design-ready models tailored for construction and remodeling workflows.
With over 15 years of experience and 20+ patents in 3D sensing and computer vision, Canvas’s AI-powered solutions help over 12,000 design and construction professionals save countless hours by eliminating manual measuring and as-built modeling. Instead, customers use an iPhone or iPad to scan interior spaces in minutes, receive an instant 3D digital twin, and Canvas converts the scan into the CAD/BIM format of their choice. This reduces errors, and the need for labor-intensive modeling – allowing professionals to focus on their craft.
“Canvas is solving a critical challenge in the design and construction industry: turning raw 3D scans into reliable, construction-grade models quickly and affordably,” said Canvas CEO Sarah Bird. “Our technology makes this process simple and accessible, enabling professionals to focus on what they do best. This investment is a powerful endorsement of our ambitious mission to create a digital twin of every interior, transform it into structured data and power the full lifecycle of each property.”
“We’re at a pivotal moment in 3D modeling, driven by AI and the growing accessibility of LiDAR in mobile devices. Canvas is uniquely positioned to deliver an end-to-end solution that turns the real world into structured data for digital workflows,” said Yuval Neeman of Trilogy Equity Partners. “Canvas is starting with the massive residential and light commercial markets, providing affordable solutions for professionals at all levels. The potential for future applications is enormous.”
With this funding, Canvas will recruit top researchers and engineers to advance its AI-powered spatial data and reality capture technology and reality capture. The company is also expanding its go-to-market team to deliver solutions to design and construction professionals worldwide, driving new opportunities and changing the industry’s operations.
About Canvas
Founded in 2008 and headquartered in Denver, Colorado, Canvas specializes in 3D measurement and modeling solutions tailored for architecture, interior design, and construction professionals. Leveraging over 15 years of experience and holding more than 20 patents in 3D sensing and computer vision, Canvas offers an AI-powered platform that enables users to scan interior spaces using iPhones or iPads. These scans are then transformed into precise, design-ready CAD and BIM models, streamlining workflows and reducing manual effort. Serving over 12,000 professionals, Canvas has modeled more than 110 million square feet of space.
Source: Canvas
