Is Canva a Unicorn?

Canva is a graphic design platform, used by millions of people around the world. It is one of the fastest-growing startups in Australia and has earned its place as a leader in the field of design. The company was founded in 2012 and has since raised over $60 million in investments.

Canva’s mission is to “empower everyone to design anything and publish anywhere”. It offers an easy-to-use, drag and drop interface that allows users to create stunning visuals with just a few clicks. Canva also provides access to a library of over one million photos, illustrations, templates, and fonts.

The platform’s user base is growing rapidly, with more than 10 million active users as of April 2018. This has been made possible thanks to its intuitive design tools, which make it easy for even novice designers to create professional-looking visuals with minimal effort. In addition to this, Canva also provides user support through its website and social media channels, helping users find answers quickly and efficiently.

Canva has also made waves in the tech world by becoming the first Australian startup ever to achieve “unicorn” status – meaning that its valuation had exceeded $1 billion. This feat was achieved in January 2018 after an investment from Silicon Valley venture capital firm General Catalyst Partners valued the company at around $1 billion.

This valuation was based on Canva’s impressive growth trajectory over the past few years – it now boasts more than 10 million monthly active users and is growing at an impressive rate. This success can be attributed largely to its intuitive design tools, which make it easy for anyone – regardless of technical skill level – to create attractive visuals quickly and easily.

Canva’s success story serves as a testament to how far a company can go with hard work and determination. The company’s commitment to providing an excellent product that caters to both beginner and professional designers alike has been key in helping them become one of Australia’s most successful startups ever.

Is Canva a Unicorn? Yes – Canva has achieved unicorn status thanks to its impressive growth trajectory over recent years and its strong commitment to providing an excellent product for both beginner and experienced designers alike.