Case Study: Canvas achieves $20M in funding and investor confidence with Mosaic

How Canvas shared it’s growth story to new investors with Mosaic

Canvas, an online recruiting company focused on equitable hiring, faced the challenge of proving financial rigor as it scaled (tripling revenue and headcount in 2020) and preparing a compelling growth story for investor due diligence and Series B funding. To present accurate pro forma statements, run complex headcount and CAC scenarios, and package polished fundraising materials quickly, they turned to Mosaic’s strategic finance platform, including Mosaic Planning and the Mosaic analysis canvas.

Mosaic connected to Canvas’ systems and automatically generated key SaaS metrics and investor-ready visualizations, enabling multi-scenario modeling in minutes (vs. weeks) and faster, error-free insights. Using Mosaic, Canvas ran 15 automated SaaS metrics, modeled scenarios in about 15 minutes, and ultimately raised $20M in additional funding—demonstrating clearer financial narratives, improved investor confidence, and a scalable planning process.

Canvas

Adam Gefkovicz

Co-Founder