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Financials
Financials
Canva Pricing - Freemium Subscription Model
The Freemium subscription model allows basic features for free with additional upgrades that require a paid subscription
Canva Funding & Investors
Since its founding in 2013, Canva has raised $560 million across 14 investment rounds. With the help of T. Rowe Price, Franklin Templeton Investments, Bessemer Venture Partners, Founders Fund, Sequoia money, and other well-known Silicon Valley companies, Canva attracted venture money. Before finally obtaining $3 million in funding to begin developing the company in 2012, Canva's founders had their initial investment proposals turned down by more than 100 investors and venture capitalists. Additional funding included $40 million in 2018, $155 million in 2019, $60 million in 2020, and $200 million in 2021, making it one of the top three most well-funded cloud firms in the world.
Canva Valuation
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With 294K paying users and its first profitable year in 2017, Canva attained unicorn status in 2018 after receiving a $40 million investment with a $1 billion valuation
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In 2021, it attained a $40 billion valuation, which was its largest ever
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According to reports, Canva shares were valued $1,680 at the time of its most recent funding round in September 2021. - The company's current 2023 valuation, as determined by some of its investors, is $25 billion
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Canva's annual revenue is currently predicted at $1 billion, more than doubling from the $291 million it earned in 2019