Reston-based Canvas, the start-up that wants to make businesses paperless using a bevy of mobile apps, has collected some paper of its own. To be exact, $9 million.
Executives announced Wednesday that the company has raised a fresh round of venture capital from investors, including River Cities Capital Funds, Osage Venture Partners and Camber Capital. The latest funding brings Canvas’s total haul to nearly $19 million.
Canvas has created a mobile platform similar to the Apple App Store, where business owners or entrepreneurs can download apps that replace paper-based processes in their daily operations.
A plumber or electrician, for example, can find an app to generate work orders or repair receipts. A shopkeeper or restaurateur, on the other hand, can download an app to conduct customer satisfaction surveys.
“We show people ways in which they could be doing business differently and better,” said founder James Quigley.
Canvas currently partners with mobile phone providers to sell their customers the platform and its more than 15,000 apps. Canvas charges a monthly fee based on how many apps a customer uses and how often they’re utilized.
The company currently has 50 employees and plans to double that number by the end of next year, Quigley said. Canvas has international offices in Sydney and London.
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