Canvas, Inc.

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Canvas, Inc. - overview

Established

2007

Location

Huntsville, AL, US

Primary Industry

Defence

About

Based in Alabama, US, and founded in 2007 by CEO Jami Peyton, Canvas, Inc. , a. k. a.


Canvas operates as a business support services company that focuses on providing maintenance systems and technological solutions, including test and training, engineering, and lifecycle management capabilities for the Department of Defense and government agencies. In January 2024, Artinia Group, Gemini Investors, and True West Capital Partners invested in Canvas, Inc. The company conducts research, develops, and performs tests and evaluations across test ranges, operation centers, and platforms; designs and manages systems through the engineering lifecycle; helps its customers understand the interdependencies and consequences of program changes during program lifecycles across defense systems; and more. The company plans to use its proceeds from January 2024 funding to strengthen its technical capabilities in missile and hypersonic vehicle technologies, including test and evaluation, simulation and training, system engineering and integration, and software development, while providing a platform to grow in mission-critical areas of customer need, including digital engineering, cybersecurity, unmanned systems, and electronic warfare.


Current Investors

Gemini Investors, True West Capital Partners, Artinia Group

Primary Industry

Defence

Sub Industries

Engineering, Defence

Website

www.canvas-inc.com

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

Canvas, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
LP DirectCompletedCanvas, Inc.-

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