Funding

Canva’s valuation has surged towards $20 billion following a new $93 million raise

- April 7, 2021 2 MIN READ

Australian design giant Canva has a staggering new valuation of US$15 billion (A$19.6bn) following a fresh US$71 million (A$93m) investment.  That figure more than doubles the company’s last A$8.7 billion valuation in less than 12 months following an A$87 million raise in June 2020. In just 18 months, the privately-owned design startup has more than… Read more »

Business strategy

Canva: the next Amazon, but for printing

- March 26, 2021 4 MIN READ

It seems audacious to compare ourselves to Amazon – one of the biggest ecommerce retailers on the planet – but let me explain.  Amazon drastically disrupted the normal supply chain model by bypassing retailers. They then further disrupted the supply chain by acquiring suppliers, removing the need for wholesalers. Amazon has created a warehouse-to-consumer direct… Read more »

Mergers & Acquisitions

Canva buys two design startups after doubling its monthly users to 50 million in just 12 months

- February 23, 2021 2 MIN READ

Online design platform Canva is bolstering its capacity in the artificial intelligence (AI) and automation space with the acquisition of two European design startups. The Australian unicorn has bought Austrian AI platform Kaleido.ai, which built the popular background removal tool remove.bg and Unscreen, as well as Czech-based product mockup generator Smartmockups. The acquisition costs were not disclosed.… Read more »

News & Analysis

Canva’s doing something really cool to end 2020 – and you’re invited to join the party

- December 22, 2020 < 1 MIN READ

Australian design company Canva wants to spread the love on New Year’s Eve and has launched a program to send positive messages to people around the world as the clock strikes midnight. The Canva #OnAGoodNote New Years Eve challenge is inviting people share messages of hope, inspiration, and kindness using Canva designs. It’s an online… Read more »

News & Analysis

Canva’s 2020 went globally gangbusters as the design giant signed deals around the world

- December 14, 2020 2 MIN READ

The continued rise of online design unicorn Canva was even more impressive in 2020 with the Sydney-based global venture revealing it developed 42 new partnerships in 18 countries in defiance of the disruption caused by the coronavirus pandemic. The growth of Canva’s global footprint ranged from key US integrations with the likes of Fedex Office… Read more »

News & Analysis

Canva, Airwallex and Culture Amp make the Forbes Cloud 100 list of the world’s top private companies

- September 17, 2020 2 MIN READ

Australian design giant Canva has cracked the top 10 for the first time in the annual Forbes Cloud 100 list, which rank the world’s top private cloud companies. Canva came in at no. 7, with Melbourne fintech Airwallex at 61 and employee experience platform Culture Amp at 80, as the three Australian cloud-based tech startups to make… Read more »

News & Analysis

Canva just doubled in value to $8.7bn on an $87 million raise

- June 23, 2020 2 MIN READ

● Canva raises US$60m for a US$6bn valuation ● The design platform now has 30m+ monthly users in 190 countries; ● Increases workplace collaboration tools, including talking presentations Privately-owned Australia design giant Canva has raised US$60 million (A$87m) in a round that nearly doubled the company’s previous valuation of  US$3.2 billion to US$6 billion (A$8.7bn).… Read more »

News & Analysis

5 things you should know about tech today

- May 11, 2020 4 MIN READ

    Happy Monday all. Let’s kick off the week   1.  Zoom goes security shopping Video communication site du jour, Zoom, is working on beefing up its security, with CEO Eric Yuan implementing a 90-day plan focusing on privacy and security, after a string of incidents with strangers – hello Hamish Blake – dropping uninvited… Read more »

Insights

Movie nights, wine club, cooking lessons and meditation apps: how Canva builds an amazing remote culture for its teams

- April 3, 2020 3 MIN READ

The impact of COVID-19 is being felt around the world. As a result, many companies are shifting to remote work environments and navigating uncharted waters in the midst of a globally unprecedented situation. At Canva, all employees are now working from home as a precautionary measure to #stopthespread. Our priority throughout this change has been… Read more »

News & Analysis

Australia’s leading tech companies pledge to #StopTheSpread

- March 17, 2020 4 MIN READ

The leaders of some of Australia’s biggest tech companies, including Canva, Atlassian, Livetiles, Safety Culture and Deputy, have released a manifesto on how business should respond to novel coronavirus as the world faces a potentially massive health and economic crisis. Inspired by the “Leading Boldly” campaign, which launched in the US on the weekend and… Read more »

News & Analysis

Canva is upping its support for women to mark International Women’s Day

- March 7, 2020 2 MIN READ

Global design startup Canva is making  International Women’s Day with a series of initiatives supporting women working for the company. While the tech unicorn has committed to creating more gender-balanced tech teams and increasing female representation in engineering, one of the biggest stresses parents face during school holidays is also being addressed, with a complimentary… Read more »

News & Analysis

5 things you should know about tech today

- March 6, 2020 4 MIN READ

Welcome to Friday Here’s to the Australian women’s T20 cricket team being part of this weekend’s International Women’s Day celebrations.   1. DeepMind takes on COVID-19 Google’s UK artificial intelligence team at DeepMind have turned their attention to COVID-19. In a blog post the DeepMind team flagged its efforts in a way that left us slightly… Read more »

Canva
News & Analysis

Shares in software startup LiveTiles are soaring after Canva deal

- February 10, 2020 2 MIN READ

  Shares in ASX-listed workplace software startup LiveTiles have jumped more than 7% on news that it will introduce Canva’s design software to its subscription platform. LiveTiles connects and integrates other workplace software through Office 365 or Azure without people needing coding experience to create everything from dashboards, to employee portals, and corporate intranets. Founded… Read more »