Canva is a fast-growing graphic design platform founded in 2012 and based in Sydney, Australia. It has gained immense popularity for its user-friendly interface and easy-to-use tools, which have made it the go-to platform for millions of people looking to create stunning visual designs.
The company has been able to quickly grow thanks to an aggressive funding strategy. Canva has raised over $1 Billion in funding since its inception, with a majority of the investment coming from top venture capital firms such as Bessemer Venture Partners, Blackbird Ventures, and Felicis Ventures.
The company’s first round of funding came in 2013 when it raised $3 million from Blackbird Ventures and Felicis Ventures. Later that same year, Canva closed another round of funding at $15 million led by Bessemer Venture Partners. Since then, the company has gone on to raise several more rounds of funding from investors including Sequoia Capital and General Catalyst Partners.
In total, Canva has raised an impressive total of $1 billion across its various rounds of funding. This money has allowed the company to expand its operations globally, hire more employees, develop new features for its users, and acquire other companies such as Pexels and Pixabay.
Conclusion: Canva has been able to achieve tremendous growth due to aggressive fundraising efforts which have resulted in over $1 billion being invested into the company since its founding in 2012. This investment capital has allowed Canva to expand globally and acquire other companies while developing new features for their users.