Fundz

Canals, a Miami-based developer of AI-driven workflow software, raised $35M to enhance product development and expand automation. The funding round was led by Base10 Partners.

PRIVATEMay 28, 2026

Amount Raised

$35 Million

Round Type

Funding Round

MiamiSoftwareArtificial IntelligenceSupply Chain ManagementSaaS

Investors

Base10 Partners

Description

Canals, a developer of an AI-driven workflow suite for the wholesale distribution and industrial supply chain markets, raised $35M in funding. The round was led by Base10 Partners. The company aims to use the funds to accelerate product development and enhance their automated workflow capabilities. Canals supports over 100 wholesale distributors, processing more than 8 million sales orders.

Quick answer

Canals raised $35 Million in a Funding Round round, dated May 28, 2026. Investors: Base10 Partners. Canals is based in Miami, Florida, United States.

How much did Canals raise?
Canals raised $35 Million in a Funding Round round on May 28, 2026.
Who invested in Canals?
Base10 Partners is named as investors in this round.
What does Canals do?
Canals is a Miami-based developer of an AI-driven workflow suite and operating software tailored for the wholesale distribution and industrial supply chain markets.
Where is Canals based and how big is it?
Canals is based in Miami, Florida, United States. Fundz records about 97 employees.
Who are the decision-makers at Canals?
Fundz holds 2 contacts at Canals, including the Director of Talent Acquisition. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Supply Chain Management and SaaS around the same time

Companies in the same sectors as Canals that raised within 45 days of this round, from Fundz verified event records.

  • Cargofy raised $11M (Series A) on June 18, 2026.
  • Corvera raised $4.1M (Seed) on May 5, 2026.
  • Hyades raised $1M (Seed) on July 12, 2026.
  • MagicPort raised $3M (Pre-Seed) on July 10, 2026.
  • Alta raised $25M (Series A) on July 8, 2026.
  • Finto raised $4.5M (Seed) on July 8, 2026.

Who to call at Canals, and when

A new round usually means Canals is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Canals

Location

Miami, Florida, United States

About

Canals is a Miami-based developer of an AI-driven workflow suite and operating software tailored for the wholesale distribution and industrial supply chain markets. The platform automates processes across sales order entry, accounts payable processing, and purchasing validation, providing significant efficiency improvements. It integrates with existing ERP systems to transform unstructured input data into actionable digital orders swiftly. Canals serves over 100 wholesale distributors, processing substantial sales orders and payables without initial venture backing.

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Related People

2 contacts
Verified contactsAdam, Director of Talent Acquisition hiddenSee plans and pricing
Predictive Intelligence
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Canals raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.