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Canvas Ventures: Closes Third Fund, at $350M

March 31, 2021

Canvas Ventures, a Portola Valley, Calif.-based venture capital firm for visionary builders, closed a $350m fund
CV3 brings the total raised to $835m since Canvas founded in 2013
The new fund invests in fintech, digital health, marketplaces, and logistics startups, primarily leading Series A rounds with check sizes ranging from $5m to $15m
With CV3, Canvas Ventures is launching a GTM Council to provide portfolio companies with advice and insights from marketers across B2B and B2C disciplines
The Canvas GTM Council is an elite group of proven operators with experience guiding early-stage growth across sales and marketing at industry-leading tech companies
The Canvas team has also grown significantly, with new hires spanning the investment team, talent, and marketing