Canva Raises USD $200M in Funding; Valued at USD 40 Billion Valuation

15 Sep, 2021

Canva Raises USD $200M in Funding; Valued at USD 40 Billion Valuation
Photo by Zach Heiberg on Unsplash

– Canva – a global visual communications platform based in Sidney, Australia – raised USD $200m in a funding round which valued the company at USD $40b.
– The round was led by T. Rowe Price with participation from new and existing strategic investors Franklin Templeton, Sequoia Capital Global Equities, Bessemer Venture Partners, Greenoaks Capital, Dragoneer Investments, Blackbird, Felicis, and AirTree Ventures.
– The company intends to use the funds to accelerate growth, including expanding its team of more than 2,000 employees, which it is expected to double in the year ahead.

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