Canal ( Business/Productivity Software) Overview
- Year Founded
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2021
- Status
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Private
- Employees
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40
- Latest Deal Type
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Series A
- Latest Deal Amount
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$22.5M
- Investors
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17
Canal ( Business/Productivity Software) General Information
Description
Developer of a sales platform intended to promote direct-to-consumer (D2C) brand sales. The company is engaged in building a curated network of brands that are ready to unlock novel revenue streams wherein it reaches consumers at the point of purchase intent while shopping instead of post-purchase, enabling clients and enterprises to increase customer value, drive revenue, and expand the market reach.
Contact Information
Website
www.shopcanal.comCorporate Office
- 655 Montgomery Street
- San Francisco, CA 94111
- United States
Corporate Office
- 655 Montgomery Street
- San Francisco, CA 94111
- United States
Canal ( Business/Productivity Software) Timeline
Canal ( Business/Productivity Software) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 2. Early Stage VC (Series A) | 08-Mar-2022 | $22.5M | Completed | Generating Revenue | ||
| 1. Seed Round | 08-Mar-2021 | Completed | Generating Revenue |
Canal ( Business/Productivity Software) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-1 | ||||||||
| Series A | ||||||||
| Seed | 4,061,365 | $0.000010 | 6% | $1.11 | $1.11 | 1x | $1.11 | 14.31% |
VC Exit Predictor
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Opportunity Score
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Exit Type
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Canal ( Business/Productivity Software) Comparisons
Industry
Financing
Details
Canal ( Business/Productivity Software) Competitors (4)
One of Canal ( Business/Productivity Software)’s 4 competitors is Perch (Commercial Services), a Formerly VC-backed company based in Wilmington, DE.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Perch (Commercial Services) | Formerly VC-backed | Wilmington, DE | ||||
| Branded (Media and Information Services (B2B)) | Venture Capital-Backed | Berlin, Germany | ||||
| Mirakl | Venture Capital-Backed | Paris, France | ||||
| Carro (Automotive) | Venture Capital-Backed | Singapore, Singapore |
Canal ( Business/Productivity Software) Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Canal ( Business/Productivity Software) Patents
Canal ( Business/Productivity Software) Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| ES-159900-Y | Carpet stair treads without riser. | Inactive | 18-Jun-1970 |
Canal ( Business/Productivity Software) Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Canal ( Business/Productivity Software) Investors (17)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| Coalition Operators | Venture Capital | Minority | ||
| Coatue Management | PE/Buyout | Minority | ||
| Angel (individual) | Minority | |||
| Gaingels | Venture Capital | Minority |
Canal ( Business/Productivity Software) FAQs
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When was Canal ( Business/Productivity Software) founded?
Canal ( Business/Productivity Software) was founded in 2021.
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Where is Canal ( Business/Productivity Software) headquartered?
Canal ( Business/Productivity Software) is headquartered in San Francisco, CA.
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What is the size of Canal ( Business/Productivity Software)?
Canal ( Business/Productivity Software) has 40 total employees.
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What industry is Canal ( Business/Productivity Software) in?
Canal ( Business/Productivity Software)’s primary industry is Business/Productivity Software.
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Is Canal ( Business/Productivity Software) a private or public company?
Canal ( Business/Productivity Software) is a Private company.
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What is the current valuation of Canal ( Business/Productivity Software)?
The current valuation of Canal ( Business/Productivity Software) is .
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What is Canal ( Business/Productivity Software)’s current revenue?
The current revenue for Canal ( Business/Productivity Software) is .
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How much funding has Canal ( Business/Productivity Software) raised over time?
Canal ( Business/Productivity Software) has raised $27M.
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Who are Canal ( Business/Productivity Software)’s investors?
, Coalition Operators, Coatue Management, , and Gaingels are 5 of 17 investors who have invested in Canal ( Business/Productivity Software).
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Who are Canal ( Business/Productivity Software)’s competitors?
Perch (Commercial Services), Branded (Media and Information Services (B2B)), Mirakl, and Carro (Automotive) are competitors of Canal ( Business/Productivity Software).
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