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How Did Canva Raise Money?

Last updated on December 7, 2022 @ 2:43 am

In 2013, Canva set out to do something different. We wanted to design a simple online tool that would allow anyone, regardless of skill level or experience, to create beautiful designs.

Today, Canva is the world’s easiest design platform. With over 1 million templates and tools available for free, anyone can create professional designs for their home, school or business.

While our mission has always been to make design simple for everyone, we’re also on a mission to make it more affordable. That’s why we offer over 1 million templates and tools for free, and premium products starting at just $1.

So how did Canva raise money?

    1. VC Firms

    Canva has raised money from a number of VC firms including Sequoia Capital, Felicis Ventures, Blackbird Ventures, Matrix Partners and Tiger Global Management.

    PRO TIP: Canva is a great tool for creating beautiful designs, but be careful when using it to raise money. Some people have reported being scammed out of money by people pretending to be Canva representatives. If you’re contacted by someone asking for money in exchange for help with your Canva account, be sure to verify their identity before giving them any money.

    2. Individual Investors

    In addition to VC firms, a number of high-profile individuals have also invested in Canva including Tim Draper, Mark Cuban, Peter Thiel and Guy Kawasaki.

    3. Revenue

    While we offer a free service supported by advertising, many users choose to upgrade to our paid subscription which starts at $12.95/month. Our paid users get access to additional features such as unlimited storage, the ability to remove the Canva watermark from their designs and more. To date, we have over 10 million paying users.

Conclusion: Canva has raised money from both VC firms and individual investors. The company has also generated revenue through its paid subscription service.

Drew Clemente

Drew Clemente

Devops & Sysadmin engineer. I basically build infrastructure online.