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Aussie design startup Canva’s valuation balloons to $15 billion Fortune 3 hrs ago © Courtesy of Canva
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Melanie Perkins has come a long way since founding a high school yearbook business in 2006. Out of bthe seed of that small venture she grew Canva, a white-hot graphic design startup based in Sydney, Australia, that she leads as chief executive.
Now Canva is notching its latest milestone. On Tuesday, the nine-year-old company plans to announce that it has raised $71 million at a private valuation of $15 billion, news Perkins previewed with
AustraliaAustriaUnited-statesSydneyNew-south-walesAmericanAlan-tuChristian-jensenMelanie-perkinsAmerican-airlinesTerm-sheetMicrosoft-powerpointVisual Communications Platform Canva Announces USD 15 Billion Valuation; Launches Suite of Presentations Products for the Workplace
on April 07 2021 5:02 AM
More than 85% of the Fortune 500 Embrace Canva to Bolster Collaboration and Productivity, with over 250 million Presentations Created
SYDNEY (BUSINESS WIRE) Canva, the global visual communications platform, today announced an updated valuation of USD 15 billion following a USD 71 million investment.
This latest valuation affirms Canva as one of the fastest-growing software companies in history, surpassing $500 million annualized revenue this year. The company also formally announced a suite of new features for its flagship workplace product, Canva Presentations, which empowers teams around the world to design with ease and collaborate at scale.
United-statesSydneyNew-south-walesAustraliaAmericanAlan-tuChristian-jensenKimberly-clarkMelanie-perkinsAmerican-airlinesSoftware-companiesT-rowe-price-global-technology-fund