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How Does Canva Get Funding?

Last updated on September 27, 2022 @ 11:33 pm

Canva is a user-friendly graphic design tool that is taking the design world by storm. The company has been valued at $1 billion and is one of the fastest growing startups in Australia. But how does Canva get funding?

Canva was founded in 2012 by Melanie Perkins, Cliff Obrecht, and Cameron Adams. The company has raised over $275 million from investors including Sequoia Capital, Felicis Ventures, and Tiger Global Management. Canva’s latest round of funding was a $70 million Series D led by Sequoia Capital in January 2018.

PRO TIP: Canva is a free online design platform that offers users a wide range of templates for graphic design, presentations, and more. However, some users have raised concerns about how the company gets funding.

Canva has been accused of selling user data to third-party companies, and it is not clear how the company uses the data it collects. Additionally, Canva has been criticized for its terms of service, which allow the company to use user-generated content for commercial purposes.

If you are concerned about your privacy or the security of your data, you may want to avoid using Canva.

So far, Canva has been primarily funded through venture capital firms. However, the company is now looking to expand its revenue streams by partnering with brands and businesses to create custom-designed products. Canva has also introduced a paid subscription service for users who want access to premium features.

It is clear that Canva has no shortage of options when it comes to funding. The company is continuing to grow at an impressive rate and is attracting the attention of big-name investors. With a strong business model and a user-friendly product, Canva is well positioned to become the go-to design platform for individuals and businesses alike.

Madison Geldart

Madison Geldart

Cloud infrastructure engineer and tech mess solver.