# The Canoa Supply Company PBC

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/the-canoa-supply-company-pbc

- Industry: Construction
- Headquarters: Brooklyn, US
- Website: www.canoa.supply
- Total disclosed funding: $10M
- Latest round: Seed (Nov 1, 2021)
- Investors on record: 5

## About

The Canoa Supply Company PBC is an innovative provider of an online platform tailored for interior designers and architects, enabling streamlined design experiences through mood boards and integrated tools.Founded in 2019, The Canoa Supply Company PBC operates from Brooklyn, US, offering a platform that enhances design workflows for professionals in the interior design sector. The company's leadership includes CEOs Daniel Erhard and Federico Negro. As of November 2021, they raised USD 8.95 mn in Seed funding led by Eclipse Ventures, with previous investors also participating. The funding is part of their strategy to expand and enhance their service offerings.Canoa offers an innovative online platform specifically designed for interior designers and architects, enabling them to create mood boards, furniture arrangements, slide presentations, and large-scale pinups all within a single, integrated canvas. Key features include architectural scale tools, the ability to import CAD drawings, and access to real-time furniture product information from over 100,000 products. The platform enhances collaborative efforts and improves client presentations, primarily serving professional designers and architects in North America and Europe.Canoa operates on a subscription-based revenue model, providing tiered pricing plans for individual designers and larger architectural firms. Revenue is generated from clients subscribing to access the platform's extensive features and product catalogs, facilitating business-to-business transactions. The platform also partners with furniture manufacturers and design brands, ensuring users have comprehensive access to the tools and resources they need for their projects.In November 2021, The Canoa Supply Company PBC raised USD 8.95 mn in Seed funding, which will be utilized to enhance and expand their platform offerings. The company is focused on launching new products designed to further integrate design tools for users. Additionally, plans to expand into new markets within North America and Europe are underway, aiming for a broader reach by the end of 2023.

## Funding rounds

- Seed, Nov 1, 2021, $8.9M — Eclipse Ventures, TMV, Building Ventures, Stackpoint Ventures
- Seed, Jan 6, 2021, $1.5M — Gemini Israel Ventures, TMV, Building Ventures

## Investors

- Gemini Israel Ventures (https://capitalatlas.ai/funds/gemini-israel-ventures) — Seed
- TMV (https://capitalatlas.ai/funds/tmv) — Seed
- Building Ventures (https://capitalatlas.ai/funds/building-ventures) — Seed
- Eclipse Ventures (https://capitalatlas.ai/funds/eclipse-ventures) — Seed
- Stackpoint Ventures (https://capitalatlas.ai/funds/stackpoint-ventures) — Seed