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Canals: Funding, Investors & Team (Sep 2026)

Canals converts customer communications such as emails, PDFs, and handwritten notes into quotes or orders. It processes invoices by checking them against business rules and matching them to purchase orders. The platform tracks purchase orders and receipts to identify differences. It supports part-number conversions across product catalogs. It integrates with enterprise resource planning systems to manage business operations.

www.canals.ai LinkedIn Coral Gables, United States 11-50 employees
Total raised
$35.0M
Rounds
1
Latest
Series A
May 2026

Canals has raised $35.0M across 1 funding round on record, the most recent a Series A of $35.0M announced in May 2026.

That round is above the $3.0M median round size for Other companies tracked on FundedIQ over the last two years.

Canals Company Profile and Key Stats

Total funding raised
$35.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series A
$35.0M in May 2026
Employees
11-50
reported band
Headquarters
Coral Gables, United States

Latest funding round on record: May 2026.

Canals Funding Rounds

Date
Round
Amount
Series A
$35.0M

Canals Founders and Leadership Team

Name
Role
Contact
Michael Delgado
Founder
Locked

Contact details for the Canals team: 1 of 1 has an email address on file, 1 has a LinkedIn profile.

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Canals Funding Compared to Other Other Startups

Segment
Companies
Median round
1,391
$3.0M
29,795
$7.5M
8,378
$15M

Canals' latest round of $35.0M is above the median round in Other. Medians cover the last 24 months of disclosed rounds.

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Canals Funding FAQs

What does Canals do?

Canals converts customer communications such as emails, PDFs, and handwritten notes into quotes or orders. It processes invoices by checking them against business rules and matching them to purchase orders. The platform tracks purchase orders and receipts to identify differences. It supports part-number conversions across product catalogs. It integrates with enterprise resource planning systems to manage business operations.

How much funding has Canals raised?

Canals has raised $35.0M across 1 round on record. The most recent is a Series A of $35.0M announced in May 2026.

When did Canals last raise funding?

Canals' most recent funding round on record is a Series A of $35.0M, announced in May 2026.

Who founded Canals?

FundedIQ lists Michael Delgado (Founder) at Canals.

Where is Canals headquartered?

Canals is based in Coral Gables, Florida, United States.

How many employees does Canals have?

Canals is in the 11-50 employee band.

How does Canals' funding compare to other Other startups?

Canals' latest round of $35.0M is above the $3.0M median round size for Other companies on FundedIQ across 1,391 tracked companies over the last two years.

About FundedIQ's Canals Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Canals is left off this page rather than filled in.

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