How Did Canva Get Funding?

Canva is one of the world’s most popular graphic design tools, and it has quickly become the go-to choice for businesses of all sizes. But how did Canva get funding?

Canva was founded in 2012 by Melanie Perkins, Cliff Obrecht, and Cameron Adams. The team had a vision of creating an easy-to-use design platform that allowed users to create stunning visuals with minimal effort. They needed funding to make their dream a reality, so they began seeking out investors.

The first major investment for Canva came from Blackbird Ventures in 2013. This allowed the team to expand their team and begin development on the product. In 2014, Canva secured additional seed funding from Matrix Partners, which allowed them to continue building out their product and scale their operations.

In 2015, Canva secured $15 million in Series A funding from Felicis Ventures and Palantir Technologies. This capital allowed them to expand their offerings and launch new features like Magic Resize and Collaboration Mode. In 2017, they raised another $40 million in Series B funding from Sequoia Capital.

The latest round of funding for Canva came in 2020 when they raised $85 million in Series C funding led by Bond Capital. This enabled Canva to accelerate its growth further and expand into new markets around the world.

Conclusion:

Canva has been able to secure multiple rounds of funding over the years thanks to investors who saw potential in their product. From 2013 to 2020, Canva has raised over $145 million from venture capitalists such as Blackbird Ventures, Matrix Partners, Felicis Ventures, Palantir Technologies, Sequoia Capital, and Bond Capital – all of which have helped the company grow into what it is today.