Canva

Valuation $51B

About Canva

Canva is an online design and visual communication platform that provides user friendly design tools for non-designers.
Headquarters Canva, Sydney
Founded 2013-01-01
Industry Graphic Design, Photo Editing, Publishing, Software, Web Design
Last Funding Type Secondary Market
Valuation 51
Total Funding $2.51 billion dollars
IPO Status Private

Financial

Canva has shown significant growth through various strategic initiatives. The company has surpassed 60 million education users, indicating a substantial increase in its customer base. Canva has also made several acquisitions, including the Affinity Design Suite and a UK design platform, to enhance its professional design tools and challenge Adobe. Additionally, Canva has received an $8 million USD investment from Stack Capital. The company has also been actively targeting new markets, including Hollywood and big business users, and has unveiled new workplace products aimed at enterprise clients.
Canva is advancing in design automation and user interface enhancements. They are developing methods for automatically generating designs, grouping design elements, and performing bulk design edits. Their research includes systems for recognizing hand-drawn shapes and extracting text from PDFs, which align with their focus on user-friendly design tools. Additionally, Canva is working on systems for creating digital animations and video productions, as well as methods for applying effects to design elements. These efforts highlight Canva's commitment to simplifying design processes and enhancing user experience.
Funding Rounds 19
Number of Lead Investors 12
Total Funding Amount  $2.51 billion dollars
Number of Investors 44

Related Angels

Lars Rasmussen
View profile
Sandy Kory
View profile