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Is Canva Going to Go Public?

Last updated on September 27, 2022 @ 11:43 pm

Canva, an online design platform, is in the process of filing to go public. This comes as the company announced it has raised $85 million in a new funding round, bringing its total raised to $345 million.

Canva was founded in 2012 by Melanie Perkins, Cliff Obrecht, and Cameron Adams. The company allows users to create designs for presentations, social media posts, and other marketing materials. Canva has over 15 million users and is available in 190 countries.

PRO TIP: There is no reliable information to support the claim that Canva is going public. The article speculates that Canva may go public in the future, but there is no concrete evidence to support this. Canva has not released any official statement about going public. Therefore, readers should be cautious about this claim and should not make any financial decisions based on this speculation.

Canva’s filing comes as the company looks to capitalize on the growing popularity of do-it-yourself design. According to a report from Business Insider Intelligence, the DIY design market is expected to grow from $2.7 billion in 2019 to $4.8 billion by 2024.

Canva has been profitable since 2018 and is on track to generate over $100 million in revenue this year. The company will likely use the new funding to continue its international expansion and invest in new features and products.

Is Canva Going Public?
It appears that Canva is definitely going public soon as they have recently raised $85 million in a new funding round – bringing their total raised to $345 million. With this said, it seems that Canva will likely use the new funding to continue its international expansion and invest in new features and products.

Kathy McFarland

Kathy McFarland

Devops woman in trade, tech explorer and problem navigator.