Canva, the world’s leading online design platform, has come a long way since its launch in 2012. Founded by Melanie Perkins, Cliff Obrecht and Cameron Adams, this Australian startup has revolutionized the way people create graphics for business and personal use. With its easy-to-use drag-and-drop interface and thousands of templates, Canva makes it simple for anyone to create beautiful designs in minutes.
Canva has seen tremendous growth over the years as more people have embraced its platform. It now boasts over 30 million users worldwide and is available in over 190 countries. The company has also raised over $300 million in venture capital funding from investors such as Bessemer Venture Partners, Felicis Ventures, Blackbird Ventures, and Sequoia Capital China.
In 2020, Canva was valued at $6 billion during its latest funding round – making it one of Australia’s highest valued tech startups. This valuation is even more impressive considering that it was only worth $2 billion just two years earlier.
Canva’s success has been driven by its ability to rapidly expand into new markets. The company now offers its services in 19 languages, which has allowed it to reach a global audience. It also continues to add new features to its platform such as video creation tools and the ability to embed designs into websites or blog posts with a single click.
Canva is continuing to grow at an impressive rate, with reports indicating that the company plans to double its user base in 2021. This growth will be further fuelled by Canva’s upcoming launch of Canva Pro – a premium version of their platform with additional features such as unlimited storage and collaboration tools for teams.
With all these factors taken into consideration, Canva is currently worth an estimated $7 billion dollars – making it one of Australia’s most successful tech startups ever.
To conclude, Canva is an incredible success story that shows how far an idea can go if it has the right team behind it. With millions of users around the world using their platform every day, Canva is currently worth an estimated $7 billion dollars – making it one of Australia’s most successful tech startups ever.