Canals Raises $35M Series A to Automate Wholesale Distribution

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Canals, a Miami-based company building AI workflow tools for distributors, has raised $35 million in a Series A round. Base10 Partners led the financing, which was announced on May 28, 2026.

The company was founded in 2023 by Michael Delgado and Erez Arnon. Its platform automates manual business processes for distributors, covering sales order entry, quote generation, invoice processing, purchasing, and customer service.

Canals plans to put the new capital toward product development across its AI workflow suite. The funding will specifically support building additional tools that automate customer and supplier transactions throughout the industrial supply chain.

The company’s tools are already in use by more than 100 distributors, including DSG, The Kendall Group, and Locke Supply. To date, the platform has processed more than 8 million sales orders and $5 billion in payables.