Canva
Overview
“Canva's mission is to empower everyone in the world to design. The company aims to democratize design by providing an intuitive and user-friendly platform that makes graphic design accessible to people of all skill levels.”
Founded in 2012 by Melanie Perkins, Cliff Obrecht, and Cameron Adams, Canva is a graphic design platform headquartered in Sydney, New South Wales. The platform offers a drag-and-drop design tool combined with a vast library of templates, images, and illustrations, enabling users to create a wide range of visual content. Canva has become a global phenomenon, serving over 75 million monthly active users and achieving a valuation of $40 billion.
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Business Model
Canva operates on a freemium model, providing a free version of its design platform with basic features and offering premium subscriptions for advanced capabilities. The platform caters to individuals, businesses, and educational institutions, generating revenue through subscriptions, enterprise solutions, and additional services such as printing.
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Targeted Impact
Canva aims to make design simple and accessible for everyone, fostering creativity and collaboration across various industries.
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Who Will benefit?
Individuals, businesses, and educational institutions will benefit from Canva's user-friendly design tools and extensive template library.
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What Comes Next?
Canva plans to continue expanding its platform capabilities and enhancing its offerings to meet the evolving needs of its users.
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Canva Growth Timeline
Canva and Competition
Canva competes with other design platforms such as Adobe Creative Cloud, Figma, and Crello (acquired by VistaPrint). Its focus on simplicity and accessibility differentiates it from competitors.
VC / Strategic Investors
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bond
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BOND
Invested at:
Series A-3, Series A-4, Series A-5
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bessemer-venture-partners
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Bessemer Venture Partners
Invested at:
Series A-4, Series A-5
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blackbird-ventures
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Blackbird Ventures
Invested at:
Series A, Series A-1, Series A-2, Series A-3, Series A-4, Series A-5
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felicis
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Felicis
Invested at:
Series A, Series A-1, Series A-2, Series A-3, Series A-4, Series A-5
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general-catalyst
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General Catalyst
Invested at:
Series A-3, Series A-4, Series A-5
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matrix
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Matrix
Invested at:
Series A
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sequoia-capital-china
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Sequoia Capital China
Invested at:
Series A-2, Series A-4, Series A-5
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t-rowe-price
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T. Rowe Price
Invested at:
Series LS
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vayner-rse
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Vayner RSE
Invested at:
Series A
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Key Partners
Research
News
Canva's Analysis
Annual Revenue and Revenue Growth
Funding Round
Return on Investment (ROI)
Bid:Ask Volume Ratio
ApeVue highlights the quarterly bid:ask volume ratio where there were at least three broker contributions within that period.
Activity
Activity refers to broker contributions within the last 90 days.
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