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Canal
Retail commerce platform
- 21-100 employees
- Retail
- B2B
- Marketplace
- Consumer Goods
- eCommerce
- Sales
- SoMa, San Francisco, CA
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Company mission
To enable brands to connect with other like-minded brands.
Our take
With the world spending more time on the internet, it's no surprise that more money is being spent online than ever before. The opportunity to find products has never been easier with social channels like TikTok, Instagram, and YouTube being host to countless retail ads.
Despite the rise in eCommerce, buying products online can at times still be a difficult process and this is something Canal is solving for D2C brands. They are creating a "distributed digital economy" with a network of integrations across e-commerce platforms, and a webapp that connects consumer brands to the places that could sell their products.
Founded in 2021, the company has already received backing from top eCommerce and technology investors such as Forerunner, Andreessen Horowits as well as industry leaders from Shopify, Stripe, TikTok, and Facebook.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Unlimated PTO & 12 company holidays
- 401k plans with 3% employer contribution
- Quality health, vision, and life insurance
- Commuter benefits
- Home office stipends
- All-day snacks and dinner provided after 5:30pm
Company values
- Dive Deeper: If it were easy, anyone would do it. Jump fences, break walls, and go where no one has before.
- Disagree Better: Bring strong ideas, lightly held to the table. Focus on building the right thing, then on building the thing right.
- Commit Harder: Choose something and try it out. Fear of the unknown leads to stagnation. bias towards action.
- Embrace Differences: Uniformity makes us fragile. Varied perspectives yield the full perspective. We are stronger when every voice is heard.
Funding (2 rounds)
Mar 2022
$22.5m
SERIES A
Mar 2021
$4.5m
SEED
Total funding: $27m
This company has top investors
Leadership
Bennett Carroccio
(CEO)Graduated from Yale with a Bachelor of Arts in Economics and Sociology, and previously worked in Business Development for Heighten (acquired by LinkedIn) and Omniata Inc (acquired by King).
Liam Kinney
(CPO)Former Engineer having worked at AT&T and SoundHound, other experience includes working in Product Marketing at Synack and also as a Product Lead at Untapped.
Clay Schubiner
(CTO)Formerly an Engineering Manager/Staff Engineer at Canvas as well as a Software Engineer at Airbnb and Okta.
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