# CanvasFlip

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/canvasflip

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.canvasflip.com
- Total disclosed funding: $1.2M
- Latest round: Seed (Sep 14, 2015)
- Investors on record: 1

## About

CanvasFlip is a digital solutions provider focused on enhancing online visibility and customer engagement through tools like website building, domain registration, and hosting services.CanvasFlip, founded in 2014 in Bangalore, India, specializes in providing digital solutions for online presence management. The company was acquired by Freshworks Inc. in July 2019. The founder, details about prior ventures are not provided, and the total amount raised stands at USD 1.20 mn through a Seed round led by Bessemer Venture Partners.CanvasFlip offers a comprehensive suite of digital solutions that includes web hosting, domain registration, and website creation tools, aimed at small businesses and individuals. These services are designed to improve accessibility and affordability, allowing users to manage their online presence with ease. Available across North America, Europe, and parts of Asia, CanvasFlip caters to a diverse range of clients and industries, addressing common challenges faced in establishing an online presence.For the fiscal year 2021, CanvasFlip reported a revenue of USD 14,137.20 and an EBITDA of USD 10,048.90. The revenue structure relies on subscription-based models, offering tiered plans that enable clients to select service levels based on their needs, thus fostering a tailored experience.CanvasFlip aims to leverage its recent funding to enhance product offerings and expand market reach. Following its acquisition in 2019, the company plans to develop new features for its existing tools and explore deeper integration with Freshworks' ecosystem. Furthermore, there are intentions to extend services into additional regions, specifically targeting South Asia and the Middle East by 2025, ensuring a broader market penetration and client base.

## Funding rounds

- Seed, Sep 14, 2015, $1.2M — Bessemer Venture Partners

## Investors

- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Seed