Canva, a disruptive online design and publishing tool that allows everyone to create professional quality designs.
Canva is used to create social media graphics, presentations, posters, documents and other visual content.
Canva was founded in January 2012 by Melanie Perkins, along with Cliff Obrecht, and Cameron Adams. The company is based in Sydney, New South Wales, with offices in Phillipines; Beijing, China and Austin, Texas.
Canva's platform is free to use and offers paid subscriptions like Canva Pro and Canva for Enterprise for additional functionality. Users can also pay for physical products to be printed and shipped.
Canva has more than 55 million monthly active users across 190 countries, who have collectively created more than 5 billion designs. The company counts American Airlines, Salesforce, Intel and PayPal among its customers.
Canva acquired a presentations startup Zeetings for an undisclosed amount in 2018. In May 2019, the company acquired of Pixabay and Pexels and in Feb 2021, Canva acquired Austrian startup Kaleido.ai and the Czech-based Smartmockups.
Canva is backed by General Catalyst, Sequoia Capital, Dragoneer, T. Rowe Price, Blackbird Ventures, Felicis Ventures and others. The company raised $71M in a new round on Apr 07, 2021. This brings Canva's total funding to $382M to date. The latest round more than doubled the company's valuation to $15B, from the previous $6B valuation gained from the previous financing in June 2020.