Web Design » Canva » How Was Canva Funded?

How Was Canva Funded?

Last updated on September 27, 2022 @ 11:38 pm

Canva is a user-friendly graphic design tool that is quickly becoming the go-to for small businesses and freelance professionals who need to create professional designs without breaking the bank. But how was Canva funded?

Canva was founded in 2012 by Melanie Perkins, Cliff Obrecht, and Cameron Adams. They were later joined by Guy King and Evan Sharp.

The company is headquartered in Sydney, Australia. Canva was originally funded by Australian tech entrepreneur Mike Cannon-Brookes, through his personal investment fund Grok Ventures.

PRO TIP: Canva is a graphic design platform that allows users to create designs for social media, marketing materials, presentations, and more. It is free to use and offers paid subscriptions for additional features. Canva was founded in 2012 and is headquartered in Australia.

Canva has raised over $300 million in funding from investors including Sequoia Capital, Tiger Global Management, and Felicis Ventures. In 2019, Canva was valued at $3.2 billion.

Canva is a great platform for creating designs, but be aware that it is a for-profit company that has raised a lot of money from investors. If you use the free version of Canva, your designs may include watermarks or be low-resolution.

In 2013, Canva raised $3 million in Series A funding led by Sequoia China. The following year, they raised an additional $15 million in Series B funding from Matrix Partners China and Felicis Ventures.

In 2015, Canva raised $27 million in Series C funding led by Sequoia Capital. To date, Canva has raised a total of $70 million from investors.

So there you have it – Canva was funded primarily through personal investments, followed by venture capital firms. With such strong backing from the beginning, it’s no wonder Canva has become such a success story.

Madison Geldart

Madison Geldart

Cloud infrastructure engineer and tech mess solver.