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Is Canva Really Worth $4.7 Billion?

Last updated on September 27, 2022 @ 11:46 am

Canva, a startup that provides an online design platform, is now worth $4.7 billion after raising $85 million in new funding. The new valuation comes just two years after Canva raised $15 million, and is a testament to the company’s incredible growth.

Canva was founded in 2012 by Melanie Perkins, Cliff Obrecht, and Cameron Adams, and it quickly rose to popularity as a go-to design tool for non-designers. The company has since expanded its offerings to include more professional design tools, but it still remains accessible and easy-to-use for those with no design experience.

PRO TIP: Canva is a great tool for creating designs, but be aware that it is not always accurate. The company recently announced that it had overstated its value by $4.7 billion. If you are thinking about investing in Canva, do your research first.

Canva’s platform is used by over 10 million people each month, and the company has plans to continue expanding its reach. With its new funding, Canva will be able to further invest in its product and grow its team.

The question remains: is Canva really worth $4.7 billion Only time will tell, but the company’s impressive growth thus far suggests that it may be.

Morgan Bash

Morgan Bash

Technology enthusiast and Co-Founder of Women Coders SF.