An impending share sale at design software firm Canva has expanded to raise over $US1.5 billion ($2.28 billion), with local investors both buying and selling, as AI developments helped the company blow past revenue forecasts.
The sale of existing shares in Canva on the private market – known as a secondary sale – is being managed by Goldman Sachs, and was initially expected to raise around $US1 billion, but it has already secured more than $US1.5 billion in commitments as early investors and employees look to cash out their on-paper fortunes.
FAQs
An impending share sale at design software firm Canva has expanded to raise over $US1. 5 billion ($2.28 billion), with local investors both buying and selling, as AI developments helped the company blow past revenue forecasts.
Why is Canva valued so high? ›
Superior Growth Rates
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.
What is the valuation revenue of Canva? ›
With 185 million active users, a $26 billion valuation and annual recurring revenue of about $2.3 billion, the eleven year old design software company is already too big to be considered a startup challenger in a traditional sense.
Is Canva worth 26 billion? ›
Online graphic design platform Canva is worth $26 billion. 85% of Fortune 500 companies utilize Canva, and its users span 190 countries.
What is the revenue of Canva subscription? ›
Canva generates more revenue than Figma, Miro, and Webflow combined, has been profitable every year for over 7 years, and since its launch 10 years ago has grown to over 185 million monthly users across more than 190 countries, generating $2.3B/year.
What is the unique selling point of Canva? ›
Canva's Empowering Proposition
Canva is an online design platform that makes it easy to create and share beautiful designs. Their USP is that they make design easy and accessible – even for those who wouldn't call themselves “designers.”
What made Canva so successful? ›
The company has focused on making its platform as user-friendly as possible, and it offers a free version of its software that is accessible to everyone. This has helped Canva attract a large user base, which it then monetizes through its premium offerings.
Has Canva ever made a profit? ›
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.
Who owns Canva now? ›
What sells the most on Canva? ›
The more creative yours are, the better. Check out some of the most popular kinds of Canva templates people sell to help you brainstorm ideas: Social media graphics, posts, banners, thumbnails, and platform-specific visuals (like templates for Instagram stories or story highlight covers)
Canva is most popular in the United States, receiving 22.14% of its traffic — over 142.8 million monthly visits across all devices. 60.01% of Canva users are female, and 39.99% are male. Four of the top ten Canva countries are in Central and South America (Mexico, Brazil, Colombia, and Peru).
Can you actually make money on Canva? ›
As a Canva Creator, you receive royalties based on your content's performance. For templates, how much you'll receive from the royalty pool will depend on how many template usages you have (i.e. each time a design is downloaded, printed, or presented). Creators are paid for both Free and Pro template usage.
What is the average income for Canva? ›
The average Canva salary ranges from approximately £37,041 per year (estimate) for a User Researcher to £100,128 per year (estimate) for a Manager.
What's so special about Canva? ›
Canva's built-in content planner(opens in a new tab or window) allows you to plan ahead and schedule your posts to publish directly from the platform at optimal times. This improves planning and enables collaboration, meaning you can involve your whole team through one easy experience.
Is Canva over valued? ›
Canva's implied valuation is down 35 per cent from a peak of $US40 billion in September 2021 but co-founder Cliff Obrecht last year described the valuation as “solid” compared to other software companies, many of which have been forced into mass lay-offs due to the deepening tech downturn.
How is Canva worth $20 B? ›
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.
