Canva

Hill Chart Shape

Overview

Canva
Sectors
Productivity, SaaS, Design, Marketing
Headquarters
Sydney, New South Wales, Australia
CEO
Melanie Perkins
Canva raised $200.0M in a Series LS Valuation at a $1704.16 price per share, amounting to a post-money valuation of $40.0B on September 14, 2021. PMI data indicates that Canva's shares have been trading at an 22.2% discount to their Series LS Valuation based on institutional secondary market activity.
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Series LS Valuation
Latest funding round
$40.0B
XXXXX
2021-09-14
XX-XX-XXXX
AV Implied Valuation
$31.13B
2024-12-16
AV Implied Valuation
XXXXX
XX-XX-XXXX
Change since Last Round
-22.20%
2021-09-14 ➞ 2024-12-16
Change since Last Round
XXXXX
XX-XX-XXXX
Secondary Activity
Medium
XXXXX
Volume
$503.8M
XXX
(90 day period)
Bid
XXX
Ask
XXX
Bid
$33.04M
Ask
$470.76M

“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

</text>

</cardLogo>

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<cardLogo>

<logo>

felicis

</logo>

<text>

Felicis

Invested at:

Series A, Series A-1, Series A-2, Series A-3, Series A-4, Series A-5

</text>

</cardLogo>

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<logo>

general-catalyst

</logo>

<text>

General Catalyst

Invested at:

Series A-3, Series A-4, Series A-5

</text>

</cardLogo>

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<logo>

matrix

</logo>

<text>

Matrix

Invested at:

Series A

</text>

</cardLogo>

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<cardLogo>

<logo>

sequoia-capital-china

</logo>

<text>

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

</logo>

<text>

Vayner RSE

Invested at:

Series A

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Key Partners

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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Canva Private Comparables in the AI Sector

ApeVue highlights active private companies within the AI sector.

Change in ApeVue Valuation Since Last Funding Round

ApeVue uses composite price based on the institutional level contributions within the last 90 days to compute implied valuation. ApeVue's current implied valuation is compared to each company's latest funding round valuation:

Change in Composite Price

The plot below illustrates the change in composite price within the last 90 days.

Activity

The plot below displays the 90-day activity based on institutional-level ($1M+) broker contributions.

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