‘About $8b short:’ big name investors buy into Canva for a bargain (2024)

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‘About $8b short:’ big name investors buy into Canva for a bargain? ›

'About $8b short:' big name investors buy into Canva for a bargain. Big name investors Goldman Sachs and one of the world's largest pension funds have emerged as new investors in design software firm Canva, as its upcoming blockbuster $US1.

Expectations are that Canva, funded by Australia's Blackbird Ventures and AirTree Ventures, Goldman Sachs, T. Rowe Price and several leading Silicon Valley firms, will go public in 2025 or 2026.

Canva Stock Price

Canva does not have a publicly available stock price because it is privately held and not traded on public stock exchanges.

It has a strong story to sell to investors in the run-up to its expected listing, having been profitable since 2017, and growing at a rate that would be the envy of most public software companies. In 2023, it added 60 million more monthly active users, which was more than in its first nine years combined.

Justification. Canva's growth trajectory significantly outpaces that of Atlassian, making it a standout candidate for a higher valuation multiple. If it were publicly traded, Canva would rank among the fastest-growing software companies.

In September 2021, Canva raised US$200 million, with its value peaking that year at US$40 billion. By September 2022, the valuation of the company had leveled at US$26 billion.

Canva is a free, drag-and-drop graphics design tool. Melanie Perkins, Cliff Obrecht, and Cameron Adams founded Canva on 1st January 2013, in Perth, Australia. Its Headquarters is in Sydney, Australia. Anyone can use Canva to design content for social media posts, marketing, presentations, print products, etc.

About Canva

But many designers use it as well, especially when working in teams. Affinity apps, on the other hand, have always been specifically geared toward professional designers and some hobbyist designers. Canva has, in the past, acquired Flourish, Kaleido, SmartMockups, Pexels, Pixabay and SlidesCarnival.

The investor said that if Canva grew its revenue to $US3 billion by the end of this year, and went public in early 2025, it could easily attract a 15x valuation multiple, which would give those buying in now at $26 billion a 73 per cent gain in just 18 months.

With the mission to get into every workplace across the globe, Canva acquired the exact brand match domain name Canva.com in 2012, as soon as the name was changed from Canvas Chef to Canva.

Is Canva going to go public? ›

Can you buy Canva stock? Canva is still a private company, which means you can't buy its stock in your brokerage account. The company indicated it will not go public until 2025 or 2026, once the IPO market warms up again.

The $20 billion is based on selling just 0.4 per cent of its equity or $71 million, which co-founder Cliff Obrecht explained as providing employee and investor liquidity, and setting a higher valuation for future (presumably stock-based) acquisitions. This all makes perfect sense.

Designers around the globe are making money selling the products they create with Canva. With Canva you can design print products such as wall art for your Etsy store, or digital products like design templates, e-books, and calendars for your website.

Companies using Canva for presentation are majorly from United States with 41,583 customers. 64.00% of Canva customers are from the United States. Other top countries using Canva are United Kingdom and Canada with 5,905(9.09%) and 3,764(5.79%) customers respectively.

Canva allows businesses to easily create designs that are consistent with their branding. The platform offers a wide range of design elements, such as graphics, images, and text, that can be easily added, modified, and moved to create a unique design.

Melanie Perkins (born 1987) is an Australian technology entrepreneur, who is the co-founder and chief executive officer of Canva (with Cliff Obrecht).

Canva is an excellent online graphic design tool. You can use it for everything from making basic photo edits to designing social media images to flyers and documents. It has so many features, and it comes at a bargain price of $12.95 per month. There's also a very generous free plan, and customer support is wonderful.

Design anything with thousands of free templates, photos, fonts, and more. Bring your ideas to life with Canva's drag-and-drop editor.

Canva's growth was fueled by its user-friendly interface and vast library of templates. The platform quickly gained popularity among non-designers who appreciated its simplicity and affordability. By 2015, Canva had over 2.5 million users and had become a global phenomenon.

Melanie Perkins (born 1987) is an Australian technology entrepreneur, who is the co-founder and chief executive officer of Canva (with Cliff Obrecht) and owns 18% of the company.

Who are the main users of Canva? ›

Over 53% of Canva users are aged between 18 and 34 years old. (Source: Similar Web.) The largest age group of Canva users is 25-34 year olds — they account for 30.90% of all Canva customers. The second largest group is users aged 18-24, who make up over a fifth of the platform's users — 22.74% in total.

Co-Founder and CEO of Canva. Working with an incredible team to empower the world to design.

Unfortunately for Adobe, the deal was abandoned in December following an uphill regulatory battle. In the aftermath of the Figma deal, Canva made a move of its own by teaming up with Affinity. With 175 million users on the platform, Canva has clearly demonstrated that it can acquire a critical mass.