Companies · Other Technology

Canvas Solutions Inc

RESTON · Other Technology

Diligence memoA one-page analyst read on Canvas Solutions Inc — recommendation, valuation, rhythm, risks.
$22.3M
Total raised · real
6
Rounds
1.5×
Latest step-up
Top 16%
Sector rank · raised
Series A
Latest stage · inferred · Fri Jun 30 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

Canvas Solutions Inc looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the technology sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.04× the median modeled value of Series A Other Technology companies in 2016–2018 (815 peers) — value vs value, same stage and era.
  • Within the normal band (104% of peer median) for its niche.
Dormant
  • Last raise 9.0 yr ago; this sector typically re-raises about every 13 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Technology

Canvas Solutions Inc is one of 21292 Other Technology companies tracked from RESTON. By capital raised it ranks in the upper tier (ahead of 85% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
4
Investors (latest)
2017-06-30
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$125M$250M$375M$500MPre-Seed · 2010-06-30 Raised $300K (real) Modeled valuation $13M (est)$300K$13MPre-Seed2010Seed · 2011-07-07 Raised $1.2M (real) Modeled valuation $41M (est)$1.2M$41MSeed2011Seed · 2014-01-15 Raised $1.8M (real) Modeled valuation $61M (est)$1.8M$61MSeed2014Series A · 2014-12-05 Raised $9.0M (real) Modeled valuation $250M (est)$9.0M$250MSeries A2014Series A · 2016-01-22 Raised $4.0M (real) Modeled valuation $111M (est)$4.0M$111MSeries A2016Series A · 2017-06-30 Raised $6.0M (real) Modeled valuation $166M (est)$6.0M$166MSeries A2017+$1.2M+$1.8M+$9.0M+$4.0M+$6.0MCumulative $22M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$300K · 2010
Seed$1.2M · 2011
Seed extension$1.8M · 2014
Series A$9.0M · 2014
Series A extension$4.0M · 2016
Series A extension$6.0M · 2017

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$166.4M
Base estimate est.
$8.0M
Conservative case
$905.0M
Upside case
$27.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Pre-Seed · modeled $12.7M · 2010-06-302010Seed · modeled $41.1M · 2011-07-07Seed · modeled $60.7M · 2014-01-15Series A · modeled $250.0M · 2014-12-05Series A · modeled $111.0M · 2016-01-22Series A · modeled $166.4M · 2017-06-302017
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
54%
Survival probability
29% low · 74% high
1.50×/yr
Annual markup
1.89×/yr upside case
6.0 yr
Elapsed time used
9.0 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
17 mo
Avg between rounds
$3.2M/yr
Capital velocity
16.0 yr
On record since
2010
First round
6
Rounds on file
How it compares to the market

Benchmarked against 21292 companies in Other Technology. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 7.0× above median
This company$22.3M
Sector median$3.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 1.0× above median
This company$6.0M
Sector median$5.8M
Modeled value — vs sector median (estimate, all stages) 4.5× above median
This company$166.4M
Sector median$37.3M

Raised more than 85% of sector peers (real $). Modeled value above 81% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #378 of 815.

This companyCohort peer
$100.0M$1.0B$10.0M$100.0MCapital raised (log)Kaarya LLC · Series A Raised $15.0M · modeled $416.1M (est)VictorOps, Inc. · Series A Raised $36.3M · modeled $416.1M (est)Ephesoft Inc. · Series A Raised $15.0M · modeled $416.1M (est)Stay Alfred, Inc. · Series A Raised $15.0M · modeled $416.1M (est)Rubica, Inc. · Series A Raised $16.6M · modeled $416.1M (est)Resilinc Corp · Series A Raised $15.0M · modeled $416.1M (est)DiCentral Corp · Series A Raised $15.0M · modeled $416.1M (est)Celect, Inc. · Series A Raised $30.1M · modeled $416.1M (est)PocketWatch, Inc. · Series A Raised $16.8M · modeled $416.1M (est)MobileCause, Inc. · Series A Raised $24.6M · modeled $416.1M (est)DynamicAction Holdings, Inc. · Series A Raised $15.0M · modeled $416.1M (est)Bench Accounting, Inc. · Series A Raised $29.9M · modeled $416.1M (est)Canvas Solutions Inc (this company) Raised $22.3M · modeled $166.4M (est)Canvas Solutions Inc
CompanyStageRaised · realValue · estvs peer med.
Kaarya LLCSeries A$15.0M$416.1M2.60×
VictorOps, Inc.Series A$36.3M$416.1M2.60×
Ephesoft Inc.Series A$15.0M$416.1M2.60×
Stay Alfred, Inc.Series A$15.0M$416.1M2.60×
Rubica, Inc.Series A$16.6M$416.1M2.60×
Resilinc CorpSeries A$15.0M$416.1M2.60×
DiCentral CorpSeries A$15.0M$416.1M2.60×
Celect, Inc.Series A$30.1M$416.1M2.60×
PocketWatch, Inc.Series A$16.8M$416.1M2.60×
MobileCause, Inc.Series A$24.6M$416.1M2.60×
DynamicAction Holdings, Inc.Series A$15.0M$416.1M2.60×
Bench Accounting, Inc.Series A$29.9M$416.1M2.60×
Canvas Solutions Inc this companySeries A$22.3M$166.4M1.04×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$300K2010-06-30$1.7M$12.7M85%
Seed$1.2M2011-07-07$6.0M$41.1M85%
Seed$1.8M2014-01-15$8.9M$60.7M85%
Series A$9.0M2014-12-05$41.0M$250.0M85%
Series A$4.0M2016-01-22$18.2M$111.0M85%
Series A$6.0M2017-06-30$27.3M$166.4M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$300K2010-06-30
    • First recorded raise — entered as Pre-Seed.
    • 2 investors on this round.
  2. Seed$1.2M2011-07-07
    • Raised 12 mo later, in step with the ~13 mo sector norm.
    • Round 4.0× larger than the prior — scaling up.
    • 9 investors on this round.
  3. Seed$1.8M2014-01-15
    • Raised again after 30 mo — slower than the ~13 mo sector norm.
    • Round 1.5× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 6 investors on this round.
  4. Series A$9.0M2014-12-05
    • Raised 11 mo later, in step with the ~13 mo sector norm.
    • Round 5.1× larger than the prior — scaling up.
    • 5 investors on this round.
  5. Series A$4.0M2016-01-22
    • Raised 14 mo later, in step with the ~13 mo sector norm.
    • Round 2.3× smaller than the prior — bridge or down round.
    • 4 investors on this round.
  6. Series A$6.0M2017-06-30
    • Raised 17 mo later, in step with the ~13 mo sector norm.
    • Round 1.5× larger than the prior — scaling up.
    • 4 investors on this round.
Intelligence
2018 ~Q4
Modeled next raise · ~17mo cadence
$9.0M
Modeled next size est.range $6.0M$14.4M
1.5×
Last step-up
$3.2M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Marc Rubin5 other2014-01
Nate Lentz4 other2014-01
Mark Angelino3 other2010-06
Mark Walsh3 other2017-06
Ted Ridgway3 other2017-06
Edward McCarthy2 other2014-12
Chris Morrisette2014-01
James Quigley2010-06
Jean-Marc Emden2014-01
Matt Tabrizi2010-06
Registry & provenance

Canvas Solutions Inc is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1459444
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Zubie, Inc.Other TechnologySeries A$17.5M$51.9Mnetwork1 shared operator · same sector · same stage
Sidecar Interactive, Inc.Other TechnologySeries A$31.2M$208.1Mnetwork1 shared operator · same sector · same stage
Teneology, Inc.Other TechnologySeries A$22.3M$166.4Msame sector · same stage
Newcomlink IncOther TechnologySeries A$22.3M$170.2Msame sector · same stage
CMT Solutions, Inc.Other TechnologySeries A$22.3M$157.0Msame sector · same stage
Basho Technologies IncOther TechnologySeries A$22.0M$166.4Msame sector · same stage
Happyco, Inc.Other TechnologySeries A$23.0M$164.8Msame sector · same stage
Rollick, Inc.Other TechnologySeries A$21.2M$157.3Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Canvas Talent, Inc.Other TechnologySeed$57.9M93%
Canvas Technology, Inc.Software / TechSeries A$416.1M93%
Canvas Gfx Ltd.Other TechnologySeries A$102.6M91%
Canvas Global, IncOtherPre-Seed$1.8M89%
Pencil & Pixel, Inc.Other TechnologySeries B$1.1B88%
Pixelworks, IncOther TechnologySeries A$154.1M87%
Surface Design Solutions, Inc.Other TechnologyPre-Seed$3.4M86%
Light & Craft, Inc.Other TechnologySeed$30.9M86%
Frequently asked
How much funding has Canvas Solutions Inc raised?
Canvas Solutions Inc has raised approximately $22.3M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is Canvas Solutions Inc's estimated valuation?
Provath's modeled valuation for Canvas Solutions Inc is approximately $166.4M (modeled range $8.0M–$905.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Canvas Solutions Inc at?
Canvas Solutions Inc's latest modeled financing stage is Series A. Its most recent recorded round closed around Fri Jun 30.
What does Canvas Solutions Inc do and where is it based?
Canvas Solutions Inc operates in the Other Technology sector, based in RESTON.
Explore related

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