Canva, the online design platform, is a unicorn company. A unicorn company is a private startup that has achieved a valuation of above $1 billion.
Canva’s valuation recently crossed the $2 billion mark. The Australian-based company started in 2012 by co-founders Melanie Perkins, Cliff Obrecht and Cameron Adams.
Canva was established as an online design platform where users could create and edit graphic designs with professionally designed templates and images. It quickly rose to popularity due to its ease of use and range of features, such as its drag-and-drop interface, unlimited stock images and fonts, and professional editing tools. Canva also offered collaboration features that enabled users to work together on projects at the same time using the platform.
In 2016, Canva secured $15 million in Series A funding from investors including Blackbird Ventures and Matrix Partners. This funding was used to pursue product development and international expansion into new markets. By 2018, Canva had become well established in many countries across Europe, North America, Asia Pacific and South America.
The company continued to grow rapidly with more than 18 million users worldwide across 180 countries by 2019. It secured Series D funding of $85 million from investors including General Catalyst Partners and Bond Capital in 2019 which helped accelerate its growth further by providing more resources for product development and international expansion into new markets around the world.
By 2020, Canva had become one of the world’s leading online design platforms with over 50 million users worldwide across 190 countries. This rapid growth led to a valuation of more than $2 billion by 2021 which made it a unicorn company – one of Australia’s first technology unicorns.
When Did Canva Become a Unicorn?
Canva officially became a unicorn company in 2021 when its valuation surpassed $1 billion USD marking it as Australia’s first technology unicorn startup. With this milestone achieved, Canva looks set to continue its rapid growth trajectory over the coming years as it continues to expand its presence around the world and develop innovative products for customers everywhere.
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Canva, a graphic design platform that helps users create professional designs without needing a background in design, has grown quickly since its founding in 2012. With more than 10 million active users, it’s one of the most popular design tools on the market. So what makes Canva so successful?
Canva is a graphic design platform that can be used to create professional designs and graphics. It is developed with a user-friendly interface that allows users to easily create stunning visuals with minimal effort. The platform is available on both desktop and mobile devices, making it accessible to anyone who wishes to use it.
Canva was founded in 2012 by Melanie Perkins, Cliff Obrecht and Cameron Adams in Sydney, Australia. From the start, the company had a mission to put design within reach of everyone. Prior to Canva, designing was often an expensive and hard-to-access process, reserved for those with advanced technical skills.
Canva is a graphic design platform, used by millions of people around the world. It was founded in 2012 by Melanie Perkins, Cliff Obrecht and Cameron Adams. At the time, Perkins was just 23 years old and the trio had no idea how big Canva would become.
Canva, the platform for creating beautiful designs, all started in 2012 when Melanie Perkins, Cliff Obrecht, and Cameron Adams decided to collaborate. Each of the three had experience in design and technology which made them the perfect team to create a platform that could simplify design. Melanie was a high school teacher who was passionate about design and teaching her students how to use it.
Canva is a popular graphic design platform that is used by hundreds of millions of people around the world. It is a powerful and easy-to-use tool for creating beautiful designs, logos, flyers, posters, and more. It has been used by individuals and businesses alike to create stunning visuals that capture attention and get results.
Canva is a web-based design platform that has changed the way we create and share visual content. Launched in 2012, Canva enables users to quickly and easily create beautiful designs using a drag-and-drop interface. In just seven years, Canva has grown to become one of the most popular design tools on the market, with over 15 million users worldwide.