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CANVA

3 min read
CANVA

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Investment Tagline: Democratizing design through an intuitive platform serving over 200 million monthly active users worldwide

IndustryMultimedia & Design Software
Total Raised$4.5bn (as of Aug 25)
HeadquartersSurry Hills, Australia
Last Primary Valuation$42.0bn (as of Aug 25)
Founded2012
Caplight Valuation$45.1bn

ABOUT CANVA

Canva is a dynamic online design platform that empowers users to create stunning visual content effortlessly. Founded and launched in 2012, the platform has grown into a comprehensive visual communication ecosystem serving over 200 million monthly active users as of 2024. The platform features an intuitive drag-and-drop interface and an extensive library of templates, images, and design elements, enabling users to produce everything from social media graphics to presentations and marketing materials.

The company achieved profitability in 2017 with 294,000 paying users and became a unicorn with a $1 billion valuation in 2018. Canva continuously expands its offering with cutting-edge technology, including generative AI tools introduced in 2023. Strategic partnerships with companies like FedEx and Office Depot, along with acquisitions such as Flourish and Kaleido, have expanded its reach into enterprise markets, making professional-quality design accessible to everyone worldwide.

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