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Founded Year

2017

Stage

Series B | Alive

Total Raised

$25.5M

Last Raised

$24M | 4 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+4 points in the past 30 days

About Canvas

Canvas operates as a construction robotics company using machine learning (ML) to automate drywall installation. Its proprietary system uses a modified JLG lift, robotic arm, and sensors backed by ML to automate drywall installation. The company was formerly known as Pneubotics. The company was founded in 2017 and is based in San Francisco, California.

Headquarters Location

1960 Folsom Street

San Francisco, California, 94103,

United States

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ESPs containing Canvas

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Industrials / Construction Tech

The job site robots market provides robotic solutions designed to work either independently of people or directly alongside them – the latter of which are also called collaborative robots (cobots). These robots can be used for a variety of applications, including excavation, demolition, material handling, and building assembly and are designed to perform tasks with high precision and consistency. …

Canvas named as Outperformer among 15 other companies, including Caterpillar, ABB, and Mitsubishi.

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Research containing Canvas

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Canvas in 2 CB Insights research briefs, most recently on Nov 18, 2022.

Expert Collections containing Canvas

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Canvas is included in 5 Expert Collections, including Construction Tech.

C

Construction Tech

1,404 items

Companies in the construction tech space, including additive manufacturing, construction management software, reality capture, autonomous heavy equipment, prefabricated buildings, and more

A

AI 100

100 items

J

Job Site Tech

864 items

Companies in the job site tech space, including technologies to improve industries such as construction, mining, process engineering, forestry, and fieldwork

A

AI 100 (2024)

100 items

A

Artificial Intelligence

6,888 items

Canvas Patents

Canvas has filed 14 patents.

The 3 most popular patent topics include:

  • robotic manipulators
  • passive fire protection
  • plastering
patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/7/2022

10/22/2024

Plastering, Passive fire protection, Wallcoverings, Robotic manipulators, Construction

Grant

Application Date

11/7/2022

Grant Date

10/22/2024

Title

Related Topics

Plastering, Passive fire protection, Wallcoverings, Robotic manipulators, Construction

Status

Grant

Latest Canvas News

The Canvas 1200CX Finishes a Wall September 12

Sep 25, 2024

Photo by Jeff Yoders/ENR September 25, 2024 Canvas CEO Kevin Albert said Sept. 12 that his company wants to do for interior construction what the steam shovel did for digging and excavating. He unveiled the construction robotics company’s smaller form factor 1200CX drywall robot at the company’s Mission District headquarters and maker space in San Francisco. “By about 2022, we started hearing from our customers what they wanted,” Albert said of Canvas, which began as a subcontractor on Bay Area projects. “They were seeing that we could put a good finish on the wall, that our process works.” Albert added that since that time, Canvas has incorporated that customer feedback into its third generation robot, the 1200CX. At the Mission District event, assembled media, investors and the San Francisco robotics community saw the 1200CX perform a level-four finish and then use a sanding attachment to finish the wall. At 30 in. by 34.5 in., and weighing 1,200 lb, the robot has a 12-ft finishing height and is significantly more compact than the previous generation, the 1550, which was built on a mobile lift chassis. Albert said one of the things Canvas heard was that a smaller form factor was necessary for multifamily projects. “That room [being demonstrated] is one of the smallest multifamily bedrooms you’ll see,” Albert said. “The reason we made that bump-out is because sometimes you’ll find a closet door up against a bedroom door.” Darren Bechtel, founder and managing director of Brick & Mortar Ventures, was an early investor in Canvas and has advised the 26-employee company throughout its evolution from a robotics startup looking for a problem to solve with its Universal Robots UR10 arm to a defined construction robotics platform. “We asked, what are those unique pain points that you think that this robotic arm really had an application for,” Bechtel said. “They learned by doing, saw some of the pain points, decided to focus on what they described as the dull, dirty and dangerous work, believing that nobody’s going to fight against something to help them if it allows them to focus on the more complex work that’s a little bit more exciting, and definitely [not going to fight] in the case that there’s any health risks associated. That’s a perfect job for a robot.” Bechtel added that Brick & Mortar is seeing risk play a role in the adoption of construction robotics, as consistency of finish in a use case such as drywall can create rework or claims. If a deliverable is driven by quality, contractors will opt for certainty over strains on the labor supply, he said.

Canvas Frequently Asked Questions (FAQ)

  • When was Canvas founded?

    Canvas was founded in 2017.

  • Where is Canvas's headquarters?

    Canvas's headquarters is located at 1960 Folsom Street, San Francisco.

  • What is Canvas's latest funding round?

    Canvas's latest funding round is Series B.

  • How much did Canvas raise?

    Canvas raised a total of $25.5M.

  • Who are the investors of Canvas?

    Investors of Canvas include Innovation Endeavors, Brick & Mortar Ventures, Obvious Ventures, Grit Labs, Menlo Ventures and 8 more.

  • Who are Canvas's competitors?

    Competitors of Canvas include Robosurf and 1 more.

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Compare Canvas to Competitors

O
Okibo

Okibo is a company focused on the development of smart robotics for the construction industry. The company's main offerings include autonomous robots designed to perform tasks such as plastering and wall finishing, operating alongside workers on construction sites. These robots are primarily targeted at the construction industry. It was founded in 2018 and is based in Petah Tikva, Israel.

T
Transforma Robotics

Transforma Robotics is a company that focuses on robotics and automation solutions within the construction and infrastructure industry. The company offers innovative robotics technology designed to address labor shortages, increase productivity, and improve workplace safety. Its primary customer segments include the construction, manufacturing, workplace safety, public health, and petrochemical sectors. It was founded in 2017 and is based in Singapore, Singapore.

F
Fangshi Technology

Fangshi Technology specializes in the development of specialized construction robots within the construction technology sector. The company offers a range of robots designed for tasks such as leveling, plastering, painting, and tiling in various construction scenarios. Fangshi Technology's products are primarily utilized in the construction industry for automating and enhancing building processes. It was founded in 2019 and is based in Suzhou, Jiangsu.

Z
Zanecon

Zanecon provides construction services. The company offers construction robotics, manufacturing, and construction technology services. Zanecon was founded in 2018 and is based in Shenzhen, China.

F
Finish Robotics

Finish Robotics specializes in developing robotic tools for the construction industry, with a focus on enhancing painting crews' efficiency. The company's flagship offering, Finishbot™, autonomously maps and paints surfaces, working alongside human crews to improve productivity and reduce the need for manual labor. Finish Robotics also provides technician training and certification for operating their robotic systems. It was founded in 2021 and is based in Sewickley, Pennsylvania.

PaintJet Logo
PaintJet

PaintJet focuses on robotics and artificial intelligence in the commercial painting sector. The company offers services such as commercial and industrial painting, specialty coatings, and maintenance and repaint services, all powered by advanced robotics and data analytics. It was founded in 2019 and is based in Hendersonville, Tennessee.

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