HomeFinTechCanvas Ventures: Closes Third Fund, at $350M

Canvas Ventures: Closes Third Fund, at $350M

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  • 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
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