# Canal

> Distributed commerce platform for retailer third-party assortment (acquired by Rokt).

## Why it is interesting

Ex-a16z consumer investor Bennett Carroccio built dropshipping infra for brands — a16z seed before Forerunner-led A with Coatue.

## Profile

- **Stage:** acquired
- **Status:** acquired
- **Industries:** marketplace, enterprise-saas
- **Coverage:** full
- **Last updated:** 2026-07-24

## Key facts

- Seed (Mar 2021): $4.5M led by a16z with Forerunner (Tracxn)
- Series A (Mar 2022): $22.5M led by Forerunner; Coatue participated (Indexed.vc)
- Acquired by Rokt / rebranded Rokt Catalog (2025)
- Source: https://indexed.vc/companies/canal

## Investors in our directory

- https://venturecapitaltracker.com/fund/andreessen-horowitz
- https://venturecapitaltracker.com/fund/forerunner-ventures
- https://venturecapitaltracker.com/fund/coatue

## Related articles

- https://venturecapitaltracker.com/2026-a16z-hot-portfolio-companies

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Source: https://venturecapitaltracker.com/startup/canal