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Canva
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Key Information
Canva Pty Ltd. is an Australian multinational proprietary software company launched in 2013 that provides a graphic design platform to create visual content for presentations, websites, and similar products.[6][7][8][9] Its uses include templates for presentations, posters, and social media content, as well as photo and video editing functionality.
The platform uses a drag-and-drop interface designed for users without professional design training. Canva operates on a freemium model and has added features such as print services and video editing tools since its founding.

History
[edit]2013–2020
[edit]Canva was founded in Perth, Australia, by Melanie Perkins, Cliff Obrecht and Cameron Adams on 1 January 2013. One of the company's early investors was Susan Wu, an American entrepreneur.[10] In its first year, Canva had more than 750,000 users.[11] In 2017, the company reached profitability and had 294,000 paying customers.[12]
In January 2018, Perkins announced that the company had raised A$40 million from Sequoia Capital, Blackbird Ventures, and Felicis Ventures, and the company was valued at A$1 billion.[13][14][12] It raised A$70 million in May 2019,[15] followed by A$85 million in October 2019 and the launch of Canva for Enterprise.[16]
In December 2019, Canva announced Canva for Education, a free product for schools and other educational institutions intended to facilitate collaboration between students and teachers.[17]
2021–2025
[edit]In June 2020, Canva announced a partnership with FedEx Office[18] and with Office Depot the following month.[19] As of June 2020[update], Canva's valuation had risen to A$6 billion, rising to A$40 billion by September 2021.[20][21] In September 2021, Canva raised US$200 million, with its value peaking that year at US$40 billion.[22][21] By September 2022, the valuation of the company had leveled at US$26 billion.[23] While Canva's value declined from its 2021 peak by mid-2022, it remained one of Australia's most prominent technology companies, alongside Atlassian.[24][25] In March 2022, Canva had over 75 million monthly active users.[26]
In 2023, the pair were named in the Australian Financial Review's AFR Rich List as among the 10 most wealthy people in Australia.[27]
On 7 December 2022, Canva launched Magic Write, which is the platform's AI-powered copywriting assistant.[28] On 22 March 2023, Canva announced its new Assistant tool, which makes recommendations on graphics and styles that match the user's existing design.[29] On 11 January 2024, Canva launched its own GPT in OpenAI's GPT Store.[30]
The company has announced it intends to compete with Google and Microsoft in the office software category with website and whiteboard products.[23]
In May 2024, the company announced the launch of Canva Enterprise, a plan designed for large organisations, alongside new tools including Work Kits, Courses and AI capabilities.[31] In 2024, they announced a co-funded solar energy project to enhance its sustainability efforts.[32]
On 10 April 2025, Canva released Visual Suite 2. The new interface combines Canva's design and productivity tools. New features include a spreadsheets application (Canva Sheets), a generative AI coding assistant (Canva Code), a chatbot, and an updated photo editor that can modify or remove background objects.[33]
In August 2025, Canva launched a stock sale to employees, valuing the company at US$42 billion.[34]
Data breach
[edit]In May 2019, Canva experienced a data breach in which the data of roughly 139 million users was exposed.[35] The exposed data included real names of users, usernames, email addresses, geographical information, and password hashes for some users.[36] In January 2020, approximately 4 million user passwords were decrypted and shared online.[37] Canva responded by resetting the passwords of every user who had not changed their password since the initial breach.
Acquisitions
[edit]In 2018, the company acquired presentations startup Zeetings for an undisclosed amount, as part of its expansion into the presentations space.[38]
In May 2019, the company announced the acquisitions of Pixabay and Pexels, two free stock photography sites based in Germany, which enabled Canva users to access their photos for designs.[39]
In February 2021, Canva acquired Austrian startup Kaleido.ai and the Czech-based Smartmockups.[40]
In 2022, Canva acquired Flourish, a London-based data visualization startup.[41]
In March 2024, Canva acquired UK-based Serif, the developers of the Affinity suite of graphic design software, for approximately $380 million.[42][43]
In August 2024, Canva acquired the AI image generation platform and startup, Leonardo AI, for an undisclosed amount.[44]
In June 2025, it was announced that Canva had acquired Australian AI marketing startup MagicBrief for an undisclosed amount.[45]
Philanthropy
[edit]Canva's co-founders, Perkins and Obrecht, have publicly stated their intention to donate a significant portion of their personal wealth to charity.[46] In 2021, Canva started a partnership with GiveDirectly, a nonprofit organization operating in low income areas that makes unconditional cash transfers to families living in extreme poverty. Since then, the company has donated $50 million to support GiveDirectly's work across Malawi.[47] In 2025, Canva announced an additional $100 million commitment to expand its GiveDirectly partnership.[48]
See also
[edit]- Adobe – American multinational software company
- Figma – Online collaborative vector graphics editor
- RushOrderTees – American technology and apparel company
- Shutterfly – American photography, photography products, and image sharing company
References
[edit]- ^ Smith, Paul (22 January 2024). "Canva share sale booms as revenue races higher". Australian Financial Review. Archived from the original on 22 January 2024.
- ^ Turk, Victoria (12 October 2024). "Canva Revolutionized Graphic Design. Will It Survive the Age of AI?". Wired.
- ^ Bonyhady, Nick (10 April 2024). "Canva agrees to settle unfair dismissal case from senior engineer". Australian Financial Review. Archived from the original on 16 May 2024.
- ^ "Technical Requirements". www.canva.com.
- ^ "Canva". www.canva.com. Archived from the original on 4 February 2020. Retrieved 16 May 2018.
- ^ "ABN Lookup". abr.business.gov.au. 1 November 2014. Archived from the original on 22 February 2025. Retrieved 1 November 2025.
- ^ Perez, Sarah (26 August 2013). "Canva Launches A Graphic Design Platform Anyone Can Use". Tech Crunch'. Archived from the original on 2 September 2019.
- ^ Lancet, Yaara; Zukerman, Erez (7 January 2014). "Canva review: Free tool brings much-needed simplicity to design process". PC World. Archived from the original on 21 December 2014.
- ^ Swallow, Erica (18 November 2013). "Canva Makes Great Design More Accessible". Forbes. Archived from the original on 16 August 2018.
- ^ "Susan Wu, tech entrepreneur and start-up adviser". Vogue. 11 March 2018. Retrieved 4 November 2024.
- ^ Campbell, Rebekah (15 September 2014). "The Problem With Going Into Business With a Friend". The New York Times. Archived from the original on 21 December 2014. Retrieved 21 December 2014., with a loss of A$3.3 million
- ^ a b "New Sequoia China investment values Australian design company Canva at $1 billion – TechCrunch". techcrunch.com. 8 January 2018. Archived from the original on 27 June 2018. Retrieved 27 June 2018.
- ^ Stanton, Kate; Griffith, Hywel (9 January 2018). "The 30-year-old woman who designed a $1bn business". BBC News. Archived from the original on 28 July 2018. Retrieved 9 January 2018.
- ^ Chau, David (9 January 2018). "Canva: Online design startup joins generally overvalued 'unicorn' club". ABC News. Australia. Archived from the original on 12 January 2018. Retrieved 9 January 2018.
- ^ Clark, Kate (20 May 2019). "Graphic design platform Canva valued at $2.5B with new funds". TechCrunch. Archived from the original on 27 June 2019. Retrieved 2 July 2019.
- ^ Cook, Jordan (16 October 2019). "Canva, now valued at $3.2 billion, launches an enterprise product". TechCrunch. Archived from the original on 19 October 2019. Retrieved 6 February 2020.
- ^ Hennessy, James (6 December 2019). "Canva has announced a slew of new products, including a video editing tool and an education offering". Business Insider Australia. Archived from the original on 1 March 2020.
- ^ Crook, Jordan (17 June 2020). "Canva design platform partners with FedEx Office as it pushes further into the US". TechCrunch. Archived from the original on 26 January 2021. Retrieved 2 July 2020.
- ^ "Office Depot Enhances Print Services Portfolio with New Graphic Design Solutions Powered by Canva". Bloomberg. 16 July 2020. Archived from the original on 21 July 2020. Retrieved 20 July 2020.
- ^ Tse, Crystal; Roof, Katie; Tan, Gillian; Lee, Yoolim (22 June 2020). "Australia's Canva Startup Almost Doubles Valuation to $6 Billion". Bloomberg. Archived from the original on 26 June 2020. Retrieved 24 June 2020.
- ^ a b "Canva: Australian online design platform valued at $40bn". BBC. 16 September 2021. Archived from the original on 30 January 2022.
- ^ Konrad, Alex. "Canva Raises At $40 Billion Valuation — Its Founders Are Pledging Away Most Of Their Wealth". Forbes. Archived from the original on 20 September 2021. Retrieved 19 September 2021.
- ^ a b Bonyhady, Nick (14 September 2022). "Canva to go up against Microsoft and Google". The Sydney Morning Herald. Archived from the original on 27 September 2022. Retrieved 27 September 2022.
- ^ "Blackbird reveals Canvas' $14b plunge in value". Australian Financial Review. 26 July 2022. Archived from the original on 24 January 2023. Retrieved 24 January 2023.
- ^ Yun, Jessica (17 January 2023). "'Orange is the new Palo Alto': Why the next Atlassian, Canva will be from the bush". The Sydney Morning Herald. Archived from the original on 24 January 2023. Retrieved 24 January 2023.
- ^ Aziz, Afdhel. "How Canva Is Being A Force For Good By Empowering The Whole World To Design". Forbes. Archived from the original on 14 November 2023. Retrieved 14 November 2023.
- ^ "The 200 richest people in Australia revealed". Australian Financial Review. 24 May 2023. Archived from the original on 6 June 2023. Retrieved 25 September 2023.
- ^ "AI text generation is moving mainstream with Canva's Magic Write". PCWorld. Archived from the original on 13 April 2023. Retrieved 13 April 2023.
- ^ Malik, Aisha (23 March 2023). "Canva unveils a series of new features, including several AI-powered tools". TechCrunch. Archived from the original on 13 April 2023. Retrieved 13 April 2023.
- ^ Hollander, Roger (13 January 2024). "The Most Popular GPTs in the OpenAI GPT Store". GPTReview.
- ^ Wood, Chris (23 May 2024). "Canva Introduces Canva Enterprise, Work Kits and adtech apps". MarTech.
- ^ "Canva | Redesigning Design with Method Recycling". Method Recycling - Recycling Bins Made Beautiful. 1 May 2018. Retrieved 28 July 2024.
- ^ Weatherbed, Jess (10 April 2025). "Canva is now in the coding and spreadsheet business". The Verge. Retrieved 25 October 2025.
- ^ "Australia's Canva begins share sale at $42 billion valuation". Reuters. 20 August 2025.
- ^ "Australian tech unicorn Canva suffers security breach". ZDNet. Archived from the original on 1 April 2021. Retrieved 7 December 2019.
- ^ "139 Million Users Hit in Canva Data Breach". Tom's Guide. 24 May 2019. Archived from the original on 21 January 2021. Retrieved 7 December 2019.
- ^ "Canva Security Incident – May 24 FAQs". Canva. 17 January 2020. Archived from the original on 14 August 2022. Retrieved 16 August 2022.
- ^ Powell, Dominic. "SmartCompany". Archived from the original on 12 January 2021. Retrieved 6 February 2020.
- ^ Jonathan, Shieber (17 May 2019). "Australia's design unicorn, Canva, picks up two free image-sharing services, and launches new photo product". TechCrunch. Archived from the original on 1 May 2023. Retrieved 10 December 2019.
- ^ Lee, Yoolim (22 February 2021). "Australia's Canva Buys European Design Startups to Fuel Growth". Bloomberg.com. Archived from the original on 22 February 2021. Retrieved 23 February 2021.
- ^ Hall, Christine (2 February 2022). "Canva acquires Flourish in mission to tell better stories with data". TechCrunch. Retrieved 10 April 2025.
- ^ Bonyhady, Nick (26 March 2024). "Canva's billion-dollar bet on a 37-year-old Nottingham company". Australian Financial Review. Retrieved 26 March 2024.
- ^ Miller, Ron (26 March 2024). "With Affinity acquisition, Canva should be able to compete better with Adobe's creative tools". TechCrunch.
- ^ Jones, Tegan (30 July 2024). "Canva snaps up Leonardo.AI in blockbuster acquisition". SmartCompany. Retrieved 6 August 2024.
- ^ "Deal-making Canva reports spike in paying users as it nears IPO". Australian Financial Review. 17 June 2025. Retrieved 22 June 2025.
- ^ "Canva founders to give $16.5b fortune away". Australian Financial Review. 14 September 2021. Archived from the original on 1 April 2022. Retrieved 19 September 2021.
- ^ Perkins, Melanie; Obrecht, Cliff (9 October 2025). "Why we chose to invest another $100 million in cash transfers". Canva. Retrieved 26 October 2025.
- ^ Oloo, Carlton (9 October 2025). "Canva pledges $100M for unconditional cash to boost local economies through cash in Malawi". Africa Sustainability Matters. Retrieved 26 October 2025.
External links
[edit]Canva
View on GrokipediaHistory
Founding and early development (2011–2013)
The origins of Canva trace back to 2007, when Melanie Perkins and Cliff Obrecht, then university students in Perth, Australia, launched their first venture, Fusion Books, after identifying the challenges students faced in designing school yearbooks using complex software like Adobe Photoshop. Fusion Books provided an online drag-and-drop editor with customizable templates, enabling schools to create and print yearbooks more easily, and it grew to become Australia's largest yearbook publisher while expanding to markets like France. However, the limitations of this niche tool—particularly the difficulty in making advanced design accessible beyond yearbooks—inspired Perkins and Obrecht to conceptualize a broader platform, leading to over 100 investor pitches starting around 2011 as they sought to build a universal graphic design solution for non-designers.[12][4][13][14] Canva was officially founded in 2013 in Sydney, Australia, with Perkins as CEO and Obrecht as COO, marking a shift from their Perth-based Fusion Books operations to a larger ambition in graphic design. To execute the technical vision, they recruited Cameron Adams, a former Google executive and co-creator of Google Wave, who joined as the third co-founder and CTO, bringing essential engineering expertise to develop the platform's core drag-and-drop interface. The company incorporated as Canva Pty Ltd that July, focusing initially on creating user-friendly templates for social media graphics, presentations, and posters targeted at individuals without design training.[15][16][17][18] Early development faced significant hurdles, including repeated rejections from investors skeptical of the idea's feasibility and the Australian startup ecosystem's remoteness from Silicon Valley. Breakthrough came in early 2013 with a $3 million seed round from angel investors such as Lars Rasmussen (Facebook engineering director) and Bill Tai, secured after Perkins and Obrecht attended a kitesurfing retreat hosted by Tai in Hawaii, which facilitated key connections. This funding enabled the public beta launch on August 26, 2013, introducing a simple web-based tool with pre-made templates and stock elements to democratize design. Canva established its first office in Sydney that year with a small team of under 10 employees, including the founders and early engineers, who prioritized intuitive features over professional-grade complexity.[13][14][19][20][21]Growth and global expansion (2014–2020)
During the period from 2014 to 2020, Canva experienced rapid user growth, expanding from approximately 1 million users by late 2014 to 40 million monthly active users by October 2020.[22] This surge was fueled by its freemium model, which provided free access to core design tools, and seamless integrations allowing users to directly share creations on social media platforms like Facebook and Instagram, enabling viral dissemination among non-designers.[23] By 2015, the platform had reached 1.5 million monthly active users, with over 50 million designs created, many optimized for social media graphics.[22] Key feature developments enhanced accessibility and functionality, including the launch of the iPad app in 2014, followed by the iPhone app in 2016 and the Android app in 2017.[23] These mobile expansions catered to on-the-go creation, while the introduction of Canva for Work in 2015—later evolving into Canva Pro—added collaboration tools such as real-time editing and team sharing, supporting group projects for businesses and educators.[23] Additional enhancements, like animations in 2017 and support for 100 languages by the same year, broadened appeal in diverse markets.[23] Canva's international footprint grew through strategic office openings, starting with its Manila campus in 2014 to leverage local design talent and serve Southeast Asian users, particularly in non-English speaking regions.[23] This was followed by the establishment of its first U.S. office in Austin, Texas, in 2020, targeting North American expansion amid rising demand.[23] Early funding supported this scaling: a $15 million Series A round in 2015 led by Felicis Ventures, valuing the company at $165 million and funding product iterations; a $15 million Series B in 2016 from Blackbird Ventures and others; and a $40 million Series C in 2018, achieving unicorn status at a $1 billion valuation while emphasizing global localization.[24][25][26] To enrich its template libraries, Canva formed partnerships with stock photo providers, notably integrating Getty Images' premium content in 2018 to offer millions of high-quality images and videos for users worldwide.[27] These collaborations, combined with free elements from sources like Unsplash, democratized access to professional assets and contributed to sustained user engagement during this growth phase.[23]Recent advancements and scaling (2021–2025)
In 2021, Canva secured significant funding that accelerated its growth, including a $71 million round in April that valued the company at $15 billion, followed by a $200 million investment in September led by T. Rowe Price, pushing the valuation to $40 billion.[23][28] These infusions supported rapid scaling of product development and global operations, building on the company's earlier expansion momentum. By August 2025, Canva conducted an employee stock sale program that valued the platform at $42 billion, a 31% increase from its $32 billion valuation in late 2024, enabling liquidity for staff while signaling strong investor confidence ahead of potential public listing.[29] Technological advancements marked Canva's evolution during this period, with the launch of Magic Studio in October 2023—a comprehensive AI-powered suite designed to automate design tasks such as generating templates, editing images, and creating presentations from text prompts.[30] This integration democratized advanced design capabilities, allowing users without specialized skills to produce professional visuals efficiently. Building on this AI foundation, Canva expanded into enhanced video editing capabilities and introduced the "Creative Operating System" in October 2025, a unified platform that streamlines marketing workflows by combining AI-driven tools for content creation, collaboration, and brand management across visuals, videos, and emails.[31] The system includes Video 2.0, a reimagined editor for seamless clip assembly and effects, positioning Canva as a versatile creative ecosystem beyond static graphics. Canva's user base grew substantially, exceeding 240 million monthly active users by late 2025, with notable adoption in education through free tools for teachers and students, and in enterprise via scalable team collaboration features.[32] This expansion reflected a strategic emphasis on sectors requiring visual communication, such as remote learning and business branding. To support this scale, Canva opened its first European headquarters in London in May 2023, followed by campus expansions in July 2024 to accommodate growing teams across the region.[33] In the United States, the company bolstered its presence with new office developments in 2024, including in Seattle, to enhance engineering and product innovation amid rising North American demand. Globally, Canva outlined a 2025 outlook focused on fostering regional creativity, with tailored initiatives to address local needs in Latin America (emphasizing multilingual content tools), Europe (supporting regulatory-compliant designs), India (integrating cultural templates), and Indonesia (boosting small business accessibility).[34] These efforts, including the Canva World Tour series of workshops across 40 cities, aimed to build community and drive adoption in emerging markets, underscoring Canva's commitment to inclusive visual empowerment.Products and services
Core design platform
Canva's core design platform centers on an intuitive drag-and-drop editor that enables users to create graphics without advanced technical skills.[35] This interface allows seamless placement and manipulation of elements, supporting the assembly of designs for various purposes such as social media posts, presentations, posters, and print materials.[36] The platform provides access to thousands of pre-made templates, which users can customize to fit specific needs, streamlining the design process from concept to final output.[37] An example of the platform's accessibility and free tier capabilities is the creation of professional portfolio covers, which can be accomplished entirely without payment. Users begin by registering for a free account on canva.com (or ru.canva.com for the Russian interface). They then search for terms such as “portfolio cover”, “portfolio обложка”, or “титульный лист”. A free template can be selected by choosing one without a premium crown icon. Customization involves replacing placeholder text (such as name and profession), adjusting colors, uploading personal photos, or incorporating free stock images from Canva’s extensive library of millions of free assets. To achieve an attractive result, users often opt for minimalist or professional layouts, harmonious fonts and color schemes, and subtle design elements like lines, shapes, or gradients. The finished cover can be downloaded for free in PNG, JPG, or PDF format. All basic functions, most templates, and many elements remain available in the free version, enabling high-quality, personalized designs without a subscription.[38][39] Another example of the platform's accessibility and free tier capabilities is the creation of professional resumes, including those suitable for an automotive manager role. Users search for terms such as “manager resume” or “professional resume” in Canva's template library. A free template can be selected by choosing one without a premium crown icon. Customization involves replacing placeholder text with automotive-specific content (such as job titles, achievements in the auto industry, and relevant skills like team leadership in dealerships or service centers), adjusting colors, uploading personal photos, or incorporating free stock images from Canva’s library. To achieve a professional result, users often choose clean, minimalist layouts with appropriate fonts and subtle design elements. The finished resume can be exported for free in standard PDF format suitable for sharing or submission. Canva Pro users can access high-quality PDF Print exports with better resolution and bleed options for professional printing. All basic functions, most templates, and many elements remain available in the free version.[40][41][42] While Canva enables the creation of visually appealing resumes, most templates incorporate design elements such as images, icons, columns, tables, and non-standard fonts that can cause compatibility issues with Applicant Tracking Systems (ATS) used by many employers to screen job applications. These elements may prevent accurate parsing of the content, potentially leading to the resume being overlooked or rejected. Although very simple templates without graphical elements can improve compatibility when exported as readable PDF files, tools such as Microsoft Word or Google Docs are generally recommended for higher ATS compatibility in job applications.[3][43] One notable application of this editor is the creation of flowcharts and diagrams, particularly suitable for beginners. Canva's flowchart tools feature a drag-and-drop interface for adding shapes and connectors, thousands of templates and icons including standard flowchart symbols, and the Whiteboards feature, which offers an infinite canvas for brainstorming and simple diagram creation with automatic connectors and shape assistance.[44][45] Basic use is fully free, producing visually appealing designs that enhance presentations and reports, making it ideal for quick prototypes and users without design expertise.[44] However, for very complex diagrams involving intricate decision trees or dynamic data, Canva may be insufficient due to time-consuming manual placement and lack of advanced interactive or automated features.[46] Another key application is the creation of animated videos and stories, supported by a free drag-and-drop tool that allows users to produce content with 3D effects, shadows, simple animations such as pans, fades, zooms, and dynamic elements.[47] The platform offers hundreds of templates, such as Bright Abstract 3D and Bold Tech styles, enabling customization with uploaded logos, colors, music, and illustrations from the asset library, along with direct export of animated videos in MP4 format compatible with YouTube.[47][48] Video export quality and file size are automatically determined by the design's resolution, content complexity, and duration, with no manual options available to adjust bitrate, quality sliders, or file size independently. To achieve higher quality or larger file sizes, users should set the design to a higher resolution (e.g., 4K at 3840×2160 pixels) before exporting. Canva Pro users can export videos up to 4K resolution and access additional features such as transparent backgrounds in supported formats, while free users are typically limited to 1080p resolution. To minimize compression artifacts, it is recommended to use simple animations and high-quality media assets.[47][42] Another key feature is the ability to convert PDF files into presentations. Users can upload a PDF to Canva, where each page imports as a separate page in a new design. Changing the design type to "Presentation" enables slide-specific features such as transitions and animations.[49] Complementing the editor is an extensive asset library featuring free and premium elements, including millions of stock photos, millions of icons and graphics, thousands of fonts, and integrated content from providers like Unsplash and Pixabay.[39][1] These resources enable users to incorporate high-quality visuals directly into their projects, with premium options available through Canva Pro subscriptions.[42] The platform also includes a range of basic photo and image editing features, such as background remover (Magic Eraser), blur effects, filters (including vintage, black and white, and vignette), enhancer and upscaler tools, crop, rotate, flip, and mirror functions, sharpen, brighten, and darken adjustments, selective color adjustments enabling users to select specific colors from the image and modify their hue, saturation, and brightness via sliders, format converters for JPG, PNG, HEIC, WEBP, and SVG, watermark addition, and emoji overlays.[50][51][52][53] Canva does not provide a built-in feature to directly split an object in half. However, users can achieve this effect using a straightforward workaround involving duplication and cropping:- Select the object you want to split.
- Duplicate it by clicking the "Duplicate" option or using the shortcut Ctrl+D (Windows) or Cmd+D (Mac).
- For the first copy, select "Crop" and adjust the crop frame to retain only the left half of the object.
- For the second copy, repeat the cropping process to retain only the right half.
