Canva Revenue, Valuation, Funding & Investors
Canva is valued at $42B as of August 2025, a 12.7x multiple on its last reported $3.3B revenue.
Last Canva valuation
$42B
Secondary · Aug 2025
Last Canva funding round
$25M
Undisclosed stage · Jun 2026
Canva revenue
$3.3B
Secondary · Aug 2025
Key investors in Canva
Blackbird Ventures
Felicis
General Catalyst
Bessemer Venture Partners
HSG
Matrix Partners
About Canva
Canva is a Sydney-headquartered graphic design platform offering drag-and-drop tools for creating presentations, social media posts, posters, and invitations. Users access millions of templates, stock photos, icons, and fonts from its library. Launched in 2013, Canva serves teams at organizations like Coca-Cola and HubSpot through free and Pro subscriptions, with enterprise features for brand kits and collaboration.
Founded
2013
HQ
SydneyWebsite
Status
Privately held
Customer focus
B2B & B2C
Revenue model
Subscription
Revenue
$3.3B (Aug 2025)
Valuation
$42B (Aug 2025)
Canva Valuation
Canva is currently valued at $42B, based on its secondary sale in August 2025.
The round was led by Fidelity.
Canva's valuation has grown 255x from $165M at its Series A in October 2015 to $42B in August 2025, across 12 priced rounds.
Canva valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Aug 2025 | Secondary | $42B | 12.7x |
| Oct 2024 | Secondary | $32B | 9.7x |
| May 2024 | Secondary | $25B | 7.6x |
| Jan 2024 | Secondary | $26B | 15.3x |
| Sep 2021 | Series F | $40B | 40.0x |
| Apr 2021 | Undisclosed stage | $15B | 15.0x |
| Jun 2020 | Undisclosed stage | $6B | - |
| Oct 2019 | Series E | $3.2B | - |
| May 2019 | Series D | $2.5B | - |
| Jan 2018 | Series C | $1B | 43.5x |
| Sep 2016 | Series B | $345M | - |
| Oct 2015 | Series A | $165M | - |
Canva Revenue
Canva's latest recorded revenue is $3.3B, as of its secondary sale in August 2025. At a $42B valuation, that implies a 12.7x revenue multiple.
Revenue grew from $23M in January 2018 to $3.3B in August 2025, while the revenue multiple moved from 43.5x to 12.7x.
Canva revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Aug 2025 | $3.3B | $42B | 12.7x | Secondary |
| Oct 2024 | $3.3B | $32B | 9.7x | Secondary |
| May 2024 | $3.3B | $25B | 7.6x | Secondary |
| Jan 2024 | $1.7B | $26B | 15.3x | Secondary |
| Sep 2021 | $1B | $40B | 40.0x | Series F |
| Apr 2021 | $1B | $15B | 15.0x | Undisclosed stage |
| Jan 2018 | $23M | $1B | 43.5x | Series C |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Canva Funding History
Canva has raised a total of $597M across 12 funding rounds, plus 4 secondary share sales.
Canva's first fundraising round was a $7M seed round in March 2013. The most recent completed round was a $25M undisclosed-stage round in June 2026.
Canva funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2026 | Undisclosed stage | Robinhood Ventures (lead) | $25M | - | Robinhood Ventures Fund I (NYSE: RVI), a closed-end fund launched by Robinhood Markets, invested $25 million in Canva on June 24, 2026, purchasing approximately $25 million of Class A Common Stock at market pricing. The transaction adds Canva, an AI-driven design and publishing platform, to RVI's concentrated portfolio of primarily private companies, which already includes Airwallex, Databricks, OpenAI, SpaceX, and Stripe. This investment follows RVI's recent $75 million stake in OpenAI and marks the fund's latest private-market exposure for retail investors, with no performance fees or accreditation requirements. The parties did not disclose Canva's valuation, revenue, EBITDA, or revenue multiples. Canva is an Australian design platform serving a global user base, known for its accessible AI design tools. RVI began trading on the NYSE under the symbol RVI on March 6, 2026, and is designed to provide retail investors exposure to high-growth tech firms without traditional private-equity constraints. |
| Aug 2025 | Secondary | Fidelity (lead) | - | $42B | Canva initiated an employee share sale in August 2025 that valued the company at USD 42,000 million, with Fidelity Management & Research leading the round and J.P. Morgan Asset Management participating as a new investor. The transaction was a secondary employee stock sale rather than a primary capital raise. Reports say the move reflected continued investor demand for Canva shares and came ahead of a possible IPO, with the valuation rising from USD 32,000 million in 2024 to USD 42,000 million in 2025. Buyers also included funds linked to J.P. Morgan Asset Management and other investors. Canva is the Sydney-headquartered design software company co-founded by Cliff Obrecht and Melanie Perkins. The company used the share sale to provide liquidity for current and former employees, and reports indicate employees could sell up to USD 3 million of vested equity in the program. The company has positioned the transaction as part of its path toward a public listing. |
| Oct 2024 | Secondary | - | - | $32B | In October 2024, Canva's valuation was $32 billion, serving as the baseline before a subsequent 31% increase to $42 billion by August 2025 following an employee stock sale with participation from Fidelity Management & Research and JPMorgan Asset Management. The company reported $2.7 billion in revenue for October 2024, marking growth from $2 billion in December 2023 and reaching $3.5 billion by November 2025. Canva has raised a total of approximately $572.6 million across multiple funding rounds, with key investors including Blackbird Ventures, Sequoia Capital, and General Catalyst. The company serves over 220 million users in 190+ countries as of December 2024 and has donated over $1 billion worth of product value through its Canva for Education and Canva for Nonprofits programs. |
| May 2024 | Secondary | Quadrant Private Equity (lead); Premji Invest | $500M | $25B | Canva is a Sydney-based design software company founded in 2013 by Cliff Obrecht and Melanie Perkins. The platform enables users to create designs, graphics, and visual content through an intuitive interface, serving over 240 million monthly active users with approximately 27 million paying customers as of 2025. In May 2024, Quadrant Private Equity acquired $500 million worth of Canva shares in a secondary share sale, representing approximately 1.2% of the company's equity at a $25 billion valuation. This marked Quadrant's first major investment from its new Strategic Equity Fund and represented the firm's largest single investment to date, exceeding its previous record of $410 million. Canva generated $3.3 billion in annual revenue by 2025 and has maintained profitability for eight years. The company operates a subscription-based business model with a growing B2B segment serving enterprise customers. The transaction occurred during a period of significant shareholder activity, with $2.4 billion in Canva shares having traded earlier in 2024 amid $3.6 billion in investor demand, reflecting strong market confidence in the company's trajectory. |
| Jan 2024 | Secondary | Arrowshare Ventures | $1.6B | $26B | Canva, an Australia-based visual design platform with a drag-and-drop interface and library of over 120 million design elements, serves more than 170 million users across 190 countries, including over 90% of Fortune 500 companies. It generates revenue through individual paid plans and Canva for Teams for organizations. In early January 2024, Canva planned a secondary share sale at a $26 billion valuation, following a prior secondary at the same valuation and a 2021 primary round at $40 billion with $1.7 billion annualized revenue as of December 2023. Canva's annualized revenue was on track for $1 billion by end-2021. In 2024, Canva expanded with Canva Enterprise for large organizations, acquired Leonardo.ai to boost AI tools like Magic Studio and Dream Lab, and grew its team to over 5,000 across eight countries. |
| Sep 2021 | Series F | T. Rowe Price (lead); K5 Global; Greenoaks; Dragoneer; Putnam Premier IT; Sahin Boydas; Blackbird Ventures; Felicis; Bessemer Venture Partners; Sequoia Capital; Airtree Ventures | $200M | $40B | Canva, a global visual communications platform, announced a $200 million funding round on September 15, 2021, led by T. Rowe Price with participation from Sequoia Capital Global Equities, Bessemer Venture Partners, Greenoaks Capital, Dragoneer Investments, Blackbird, Felicis, AirTree Ventures, and others, achieving a post-money valuation of $40 billion USD. The round solidified Canva as one of the fastest-growing software companies, fueled by surging demand for its intuitive design tools targeting non-designers in teams and enterprises. At the time, Canva reported over 60 million monthly active users across 190 countries and more than 500,000 paying teams, including major clients like Salesforce, Marriott International, PayPal, and American Airlines. The company was on track to exceed $1 billion in annualized revenue by year-end 2021, more than doubling year-over-year, while already generating positive free cash flows through its product-led growth model with free tiers evolving into enterprise plans. Funds from the round were earmarked to double its 2,000+ employee headcount and accelerate global expansion. Canva differentiated by integrating with tools like Figma and Sketch rather than competing directly, emphasizing bottoms-up adoption in workplaces. This valuation marked a rapid jump from prior rounds, positioning Canva among the world's most valuable private tech firms amid booming visual content needs. |
| Apr 2021 | Undisclosed stage | Dragoneer (lead); T. Rowe Price (lead); Blackbird Ventures; Skip Capital | $71M | $15B | - |
| Jun 2020 | Undisclosed stage | Blackbird Ventures (lead); HSG (lead); General Catalyst; Felicis; Bessemer Venture Partners; Bond | $60M | $6B | Canva, a Sydney-based design platform for non-designers, closed a $60 million funding round on June 22, 2020, achieving a post-money valuation of $6 billion. The round was led by Blackbird Ventures and Sequoia Capital China (HSG), with participation from existing investors including Bond, General Catalyst, Felicis Ventures, and others. The funding was 10x oversubscribed, but Canva opted to limit the raise to minimize dilution, as the company expressed strong conviction in its business trajectory and did not need additional capital at that stage. This round brought Canva's total funding to over $300 million. Investors valued the company's early backing when it was founded by three non-technical individuals in a remote location. Amid the pandemic, Canva committed to paying all contracted workers while freezing hiring and shifting to remote work, benefiting from increased demand for design tools in a work-from-home environment. At the time, Canva reported 30 million monthly active users across 190 countries, with 100% year-over-year growth in both revenue and users, alongside a 50% uptick in shared designs and 25% increase in monthly designs created. The platform had seen accelerated growth due to heightened design creation and collaboration needs. The $6 billion valuation doubled from prior rounds, such as October 2019, underscoring Canva's rapid ascent in the graphic design software space. This funding positioned Canva for further expansion, leveraging its user base and pandemic-driven momentum. |
| Oct 2019 | Series E | Bond (lead); General Catalyst; Blackbird Ventures; Felicis; Bessemer Venture Partners; HSG | $85M | $3.2B | - |
| May 2019 | Series D | Bond (lead); Felicis (lead); General Catalyst (lead); Blackbird Ventures | $70M | $2.5B | - |
| Jan 2018 | Series C | HSG (lead); Blackbird Ventures; Felicis; Five V Capital; Saniel Ventures | $40M | $1B | Canva is a design platform that started as a consumer tool but evolved into a significant B2B player. In 2018, it achieved $23M in revenue, marking early traction in its growth trajectory from $23M in 2018 to $4B ARR by 2025, representing 173x growth over seven years. Canva's revenue in 2018 reflects its subscription-based model, which later expanded with Canva Pro, Enterprise, Print, and Marketplace features. The specified VC round in September 2018 involved investors including Blackbird Ventures, Felicis, Five V Capital, HSG (lead), and Saniel Ventures, reportedly raising $40M. The company's growth accelerated post-2018, reaching $2B ARR by December 2023 and $3.5B-$4B in 2025, driven by AI tools, 265M monthly active users, and 31M paid users. Competitively, Canva outpaced peers like Figma ($743M ARR) and Miro ($660M ARR) in recent growth rates, with B2B ARR hitting $500M (100% YoY) by 2025. Later valuations reached $37B-$42B. Canva plans public listing in coming years, building on its PLG-to-enterprise model with high retention and viral distribution. |
| Sep 2016 | Series B | Blackbird Ventures (lead); Felicis; Chloe Steinberg | $15M | $345M | Canva is a design platform enabling users to create professional graphics for social media, presentations, business cards, and other visual content without requiring advanced design skills. The platform offers an intuitive web and mobile interface with hundreds of templates and an expanding suite of rich media tools. In September 2016, Canva raised $15 million in Series B funding at a $345 million post-money valuation, nearly doubling its valuation from $165 million in the prior round. The round was led by returning investors Blackbird Ventures and Felicis Ventures. By the time of this funding, Canva had amassed over 100 million designs created on its platform, with five new designs being created every second. The platform had gained traction with over 10 million customers, establishing it as a rapidly growing design tool in an era where visual content creation had become central to digital communication and business operations. |
| Oct 2015 | Series A | Felicis (lead); Woody Harrelson; Blackbird Ventures; Matrix Partners; Vayner/RSE; Owen Wilson; Chloe Steinberg | $15M | $165M | Canva raised $15 million in a Series A funding round led by Felicis Ventures on October 6, 2015, achieving a post-money valuation of $165 million. Investors included Blackbird Ventures, Chloe Steinberg, Matrix, Owen Wilson, Vayner/RSE, and Woody Harrelson. The Sydney-based online design platform enables users to create professional graphics using ready-made templates, graphics, fonts, and photos, with many items free and others available for one-time use fees starting at one dollar. At the time of the round, Canva had grown to over 5 million users across 179 countries, including 40% of Fortune 500 companies such as HuffPost, Lonely Planet, Yelp, Upworthy, and HubSpot. Users created more than a million designs weekly, reaching 5.7 million designs in the last month alone, equating to over two designs per second. The company had recently launched Canva for Work targeting businesses. Canva planned to use the funds to enhance the product and expand its global footprint. The platform served businesses, marketers, designers, non-profits, bloggers, and the education sector. |
| Apr 2015 | Series A | Matrix Partners (lead); Blackbird Ventures; Global Founders Capital; Shasta Ventures; Airtree Ventures | $6M | - | - |
| Jul 2014 | Seed | Blackbird Ventures; Matrix Partners; Square Peg Capital; Founders Fund; Shasta Ventures | $4M | - | Canva raised an additional $3.6 million in funding on July 21, 2014. The round included investors Blackbird Ventures, Founders Fund, Matrix, and Shasta Ventures, with Square Peg Capital also participating. At the time, Canva had grown to 600,000 users who had created more than 3.5 million designs. |
| Mar 2013 | Seed | Zetta Venture Partners; Lars Rasmussen; Elevation Capital; Kenneth Goldman; Blackbird Ventures; Aayush Phumbhra; Jean Sini; Investible; Founders Fund; 500 Global; InterWest Partners; Bill Tai | $7M | - | Canva raised $3 million in seed funding on March 19, 2013, from investors including Matrix Partners, InterWest Partners, 500 Startups, and angels such as Lars Rasmussen, Bill Tai, and Ken Goldman. The Sydney-based startup was developing an online design platform to make design accessible to everyone, with offerings for both non-professionals and design pros. The funding supported product launch planned for May 2013, initially in the U.S. and Australia before global rollout. |
Who has invested in Canva?
41 investors have backed Canva across its funding rounds, including Blackbird Ventures, Felicis, General Catalyst, Bessemer Venture Partners, HSG and Matrix Partners.
Lead investors include Robinhood Ventures, Fidelity, Quadrant Private Equity, T. Rowe Price, Dragoneer and 6 other investors.
Canva Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| Sydney | 11 | Lead | Mar 2013 | |
 San Francisco, CA | 7 | Lead | Oct 2015 | |
| San Francisco, CA | 3 | Lead | May 2019 | |
| Boston, MA | 3 | Lead | Jul 2014 | |
| San Francisco, CA | 3 | Participant | Oct 2019 | |
 Hong Kong | 3 | Lead | Jan 2018 | |
| San Francisco, CA | 3 | Lead | May 2019 | |
| San Francisco, CA | 2 | Lead | Apr 2021 | |
| Baltimore, MD | 2 | Lead | Apr 2021 | |
| San Francisco, CA | 2 | Participant | Mar 2013 | |
| United States | 2 | Participant | Jul 2014 | |
![](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 20 20"><rect fill="%23e5e7eb" width="20" height="20" rx="4"/></svg>){kind=small} Chloe Steinberg | Westport, CT | 2 | Participant | Oct 2015 |
| Sydney | 2 | Participant | Apr 2015 | |
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Start Free TrialAcquisitions by Canva
Canva has acquired 14 companies to date.
Last acquisition by Canva was on April 7th 2026. Canva acquired Ortto for undisclosed valuation.
Latest Acquisitions by Canva
| Description | Ortto is a Sydney-headquartered marketing and customer data platform tailored for ecommerce, SaaS, and B2B businesses. Formerly Autopilot, the platform unifies customer data across channels to automate journeys, emails, SMS, and ads. Ortto serves global clients through features like multi-channel orchestration and AI-driven segmentation. Partnerships include integrations with Shopify, BigCommerce, and Salesforce, powering omnichannel campaigns from ortto.com. | Simtheory is an AI-powered workspace that integrates task management, research tools, and productivity aids for professionals and students. The platform automates workflows in project planning and idea exploration through natural language interfaces. | Doohly is a programmatic platform for digital out-of-home advertising that integrates content management systems, supply-side platforms, and data management platforms. Based in Seoul, South Korea, it enables automated buying and selling of DOOH inventory across screens in retail spaces, transit hubs, and public venues. Launched in 2017, Doohly processes millions of ad impressions daily, connecting advertisers with over 10,000 screens nationwide. Key features include real-time bidding, audience targeting via location data, and performance analytics for campaigns. Partnerships with major Korean SSPs and DSPs facilitate seamless transactions, while its API supports custom integrations for agencies handling OOH media. | MangoAI engineers reinforcement learning frameworks for optimizing video advertising performance. | |
| HQ Country | | | | - | |
| HQ City | Sydney | Sydney | Melbourne | - | |
| Deal Date | 7 Apr 2026 | 7 Apr 2026 | 24 Mar 2026 | 23 Feb 2026 | |
| Valuation | undisclosed | undisclosed | $30M | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
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Investments by Canva
Canva has invested in 2 companies to date.
Latest investment by Canva was on November 30th 2022. Canva invested in Upollo in their $3M Seed round.
Latest Investments by Canva
| Description | Upollo is a churn prediction platform for subscription businesses that analyzes billions of events from tens of millions of users across half a billion dollars in revenue. Headquartered in Tel Aviv, Israel, it equips customer success, sales, and marketing teams with insights to prevent churn, identify expansions, and optimize revenue. Serving global SaaS companies, Upollo processes data at internet scale for actionable predictions. | Calven is a London-headquartered B2B SaaS platform unifying hybrid work management, real estate optimization, and employee experience tools. The software enables desk booking, team scheduling, visitor management, and space utilization analytics via integrations with Microsoft Teams and Google Workspace. Calven optimizes office layouts by tracking occupancy and service access while fostering remote culture through event planning and feedback surveys. It serves enterprises across Europe streamlining post-pandemic workplace strategies. |
| HQ Country | | |
| HQ City | Sydney | - |
| Deal Date | 30 Nov 2022 | 28 Feb 2022 |
| Round | Seed | Seed |
| Raised | $3M | $4M |
| Investors | Index Ventures; Stripe; Notion; Cohere; Alphabet | Citadel Capital; Michael Gonski; Airtree Ventures; Gonski family office |
| Valuation | undisclosed | undisclosed |
| EV/Revenue | ||
| EV/EBITDA | ||
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Canva Competitors
Canva competitors include listed companies like Figma and Synopsys, and private ones like Framer, InVision, Lightricks and Picsart.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| United States | Publicly listed | $1.1B | ($1.3B) | $12B | 8.0x | |
 Amsterdam | Private | $50M | - | $2B | 40.0x | |
| New York City, NY | Private | $100M | - | $1.9B | 19.0x | |
 Jerusalem | Private | $200M | - | $1.8B | 9.0x | |
| Miami, FL | Private | $100M | - | $1.5B | 15.0x | |
| United States | Publicly listed | $7.1B | $2.2B | $73B | 8.5x |
Canva Public Comps
Canva is still privately-owned, but its public comps include Autodesk, Dassault Systemes, Unity, PTC, Figma, Synopsys, Bentley Systems, Nemetschek, Empyrean Technology and Cadence Design Systems.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $7.2B | $1.8B | 6.3x | 5.7x | 25.6x | 14.1x | |||
| $7.2B | $2.2B | 4.0x | 4.0x | 13.2x | 11.2x | |||
| $1.8B | ($18M) | 10.0x | 8.8x | (1025.6x) | 30.5x | |||
| $2.7B | $1.1B | 5.8x | 5.8x | 14.0x | 11.8x | |||
| $1.1B | ($1.3B) | 10.2x | 8.0x | (8.5x) | 70.9x | |||
| $7.1B | $2.2B | 11.4x | 8.5x | 36.1x | 20.7x | |||
| $1.5B | $429M | 7.1x | 6.5x | 24.7x | 18.0x | |||
| $1.4B | $429M | 5.9x | 5.3x | 19.0x | 16.8x | |||
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Common questions about Canva
| When was Canva founded? | Canva was founded in 2013. |
| Where is Canva headquartered? | Canva is headquartered in Sydney, Australia. |
| Is Canva publicly listed? | No, Canva is a private, VC-backed company. |
| What is Canva's valuation? | Canva was last valued at $42B in its secondary sale in August 2025. |
| How much funding has Canva raised? | Canva has raised $597M across 12 funding rounds. |
| What was Canva's last funding round? | Canva's last funding round was a $25M undisclosed-stage round in June 2026, led by Robinhood Ventures. |
| Who are Canva's investors? | Canva's investors include Blackbird Ventures, Felicis, General Catalyst, Matrix Partners, Bessemer Venture Partners, HSG, Bond, Dragoneer, T. Rowe Price, Founders Fund and 31 others. |
| What is Canva's revenue? | Canva's latest recorded revenue is $3.3B (August 2025). |
| What is Canva's revenue multiple? | Canva's latest valuation implies a 12.7x revenue multiple ($42B valuation on $3.3B of revenue). |
| Which companies are comparable to Canva? | Companies comparable to Canva include Figma, Framer, InVision, Lightricks, Picsart and Synopsys. |
| How many companies has Canva acquired? | Canva has acquired 14 companies, including Ortto, Simtheory, Doohly, MangoAI and Scene Group. |
| What was the largest acquisition by Canva? | The $380M acquisition of Affinity in March 2024 is the largest acquisition Canva has made to date. |
| How many companies has Canva invested in? | Canva has invested in 2 companies, including Upollo and Calven. |
| What was Canva's last investment? | In November 2022, Canva invested in Upollo's $3M seed round alongside Index Ventures, Stripe, Notion and 2 other investors. |
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