Canva is a popular online graphic design platform that makes it easy for users to create stunning visuals. It has quickly become the go-to choice for many businesses, bloggers, and entrepreneurs who need professional-looking graphics. But is Canva actually making money?
The short answer is yes! Canva has been immensely successful since its launch in 2012, and it’s still growing. The company has raised over $300 million in venture capital funding and boasts more than 20 million monthly active users.
In 2020, the company reported a revenue of $256 million, an increase of 80% from the previous year.
Canva makes money through its subscription services. There are two subscription plans available – Canva Pro and Canva Enterprise. Both plans offer access to additional features such as unlimited storage, access to millions of premium images, templates, and fonts, as well as other design tools.
The company also offers paid plans for businesses that require more advanced features such as collaboration tools and custom branding options. Additionally, Canva also generates revenue from selling merchandise featuring its own designs.
In Conclusion, it is clear that Canva is making money through its subscription services and merchandise sales. With more than 20 million monthly active users and an impressive revenue growth rate of 80%, the company shows no signs of slowing down anytime soon.
Is Canva Making Money?
Yes!
Canva has been immensely successful since its launch in 2012, and it’s still growing. The company has raised over $300 million in venture capital funding and boasts more than 20 million monthly active users with an impressive revenue growth rate of 80%. It is clear that Canva is making money through its subscription services and merchandise sales.