Welcome to our News page! You’ll find press coverage for Canvas, as well as our portfolio companies, below. It is only a smattering of the press our community has generated. You’ll find more news by following us on Twitter @CanvasVC or the Canvas Ventures Facebook page.
Why We Invested In Flyhomes
Today, Flyhomes announced that we at Canvas are leading their Series B, and I am personally really excited to join the company’s board and be part of this journey.
Possible Finance — Our Investment in Financial Wellness
Possible Finance is accomplishing this as a mission-driven company that leverages machine learning to do good while building a profitable business. By Rebecca Lynn of Canvas.
Can iPhone Apps Actually Modify Your Behavior For Good?
In 2019, iPhones are more than a consumer software platform, they are a lifeline, giving many people their primary access to communication, transportation, food delivery, and social media.
Walmart is launching its first subscription box for apparel. And this one’s for kids
The retailer on Tuesday announced it’s partnering with Kidbox, a subscription-box company akin to Stitch Fix but focused solely on selling clothes for babies, girls and boys.
Flowspace Raises $12M in Series A Funding Led by Canvas Ventures
Flowspace, an on-demand warehousing and fulfillment technology company, today announced $12M in Series A funding.
Introducing The A PLUS Companies: The Advantages This Year’s Consumer Tech IPOs Could Have Over FANG
Like "FANG" for Facebook, Apple, Amazon, Netflix, and Google, various acronyms have been proposed for this new wave of IPOs. I want to propose an acronym that has been picking up some steam: A PLUS.
After Selling Eat24 To Grubhub, Mike Ghaffary Joins Canvas Ventures To Find Next Consumer Hit
After seven years at Yelp and running its food delivery arm Eat24, Mike Ghaffary is on the hunt for the next marketplaces to become as big as Uber and Airbnb.
Appen acquires Figure Eight for up to $300M, bringing two data annotation companies together
Appen just announced that it’s acquiring Figure Eight in an all-cash deal that sees Appen paying $175 million upfront, with an additional payment of up to $125 million based on Figure Eight’s performance this year.
Canvas Ventures hires former Social Capital GP Mike Ghaffary
Canvas Ventures is expanding its team of three general partners to four with the hiring of Mike Ghaffary, a former general partner at Social Capital.
Functionize raises $16 million to automate software testing with AI
Functionize, a San Jose, California-based startup developing a cloud-based platform that autonomously susses out software bugs, today announced that it has raised $16 million in series A financing contributed by Canvas Ventures.
How Amazon took 50% of the e-commerce market and what it means for the rest of us
Jun-Sheng Li recounts his front-row seat to how brick-and-mortar retailers were responding to Amazon’s dominance in e-commerce, as SVP of Walmart’s global e-commerce supply chain for five years (until 2018).
These 50 Start-Ups May Be the Next ‘Unicorns’
CB Insights, a firm that tracks start-ups, analyzed a variety of data to create a list of 50 private companies around the world that are on a path to a $1 billion valuation [including Canvas portfolio company Zola].
18-Wheelers At App Speed: An $800M Startup Is Trying To Pull An Uber On The Trucking Business
In 2013, four years after that aha moment, McElroy cofounded Transfix, an online freight marketplace that uses algorithms and machine learning to give full-load shippers better prices and truck owners better routes.
VW’s Robo-Cars Get a Boost from Luminar’s LIDAR
Audi AID (that’s Autonomous Intelligent Driving) today announced that it is partnering with lidar maker Luminar.
The Shifting Funding Landscape – 2018 Slush Panel Featuring Rebecca Lynn
Should VCs fight against the incentive of growing? How do ICOs and other instruments affect traditional equity investing? To what scale does the role of a VC expand to nowadays? A group of prominent investors will be sharing their knowledge on current innovations in funding affecting the traditional equity investing.
Dashboard security cam startup’s founder compares it to iPod, iPhone he helped to develop
The CEO of Palo Alto-based Owl Cameras Inc. says the two-way dashboard cameras it launched this year could have a bigger impact on the lives of their owners than those Apple products did.
The Next Billion-Dollar Startups 2018 (featuring Transfix)
Where are the next unicorns? They’re coming from a wide range of industries—from esports and online education, to trucking and 3-D printing, to luggage and shoes.
SoftBank Gives Startups Billions of Reasons to Hold Off IPOs
“We are seeing real structural shifts” in enabling companies to stay private for a long time, said Paul Hsiao, a partner at venture-capital firm Canvas Ventures.
CNBC unveils its annual list of 100 promising start-ups to watch (including Kidbox)
The Upstart 100 is CNBC's exclusive list of promising young start-ups, featuring a diverse group of companies that are building brands and breaking industry barriers on the path to becoming tomorrow's household names.
The US has a major truck driver shortage — but the co-founder of a trucking startup that’s attracted $80 million in funding says there are 3 other issues that are making the shortage seem worse than it is
Drew McElroy, CEO and co-founder of Transfix, a New York-based freight brokerage startup, agrees that there's a constrained supply of drivers and trucks alike as the economy has improved. However, there are deeper causes to some of the delays we've seen in recent months.
Rebecca Lynn of Canvas Ventures on Nuclear Reactors, Failure and Asking Questions
The venture capitalist talks about going from “being a player on the field to being a coach” and what it’s like to see your company lose 98 percent of its value in one day.
Kidbox, a subscription clothing box, has a social mission at its core
Watch video featured on CBS This Morning Saturday.
Owl raises $10 million for two-way car dashboard camera
Owl, the two-way dash cam founded by a team of ex-Apple and Dropcam executives, has secured a $10 million Series A1 round led by Canvas Ventures. This brings Owl’s total funding to $28 million.
Figure Eight partners with Google to give AutoML developers better training data
Figure Eight, a platform that helps developers train, test and fine-tune their machine learning models, today announced a major new collaboration with Google that essentially turns Figure Eight into the de facto standard for creating and annotating machine learning data for Google Cloud’s AutoML service.
Canvas Ventures
3200 Alpine Road
Portola Valley, CA 94028
Tel: 650 388 7600
Fax: 650 388 7601
