Canva, the free graphic design platform, has been receiving increased attention as a potential game-changer in the digital marketing and design industry. Founded in 2012, the Australian-based company has seen rapid growth due to its user-friendly interface and plethora of tools and templates that make the design process much easier and faster.
The success of Canva has not gone unnoticed by investors. Canva has raised millions of dollars in venture capital funding from some of the world’s most prominent firms. Among those who have invested in Canva are Blackbird Ventures, Felicis Ventures, Matrix Partners, Sequoia Capital China and The Iconic.
Blackbird Ventures is an Australian venture capital firm that invests in technology companies with a focus on software, hardware and healthcare innovations. They have been strong supporters of Canva since its early days.
In 2016, they led a $15 million Series A round for the company which included participation from Sequoia Capital China and Felicis Ventures. This investment was followed by a $40 million Series B round led by Matrix Partners in 2017 that included additional funding from Blackbird Venture’s partners AirTree Ventures and Grok Ventures.
Felicis Ventures is an American venture capital firm that invests in early stage startups. They have been active investors in Canva since its first round of funding in 2016 and have participated in every subsequent round for the company including the Series B round led by Matrix Partners.
Matrix Partners is an American venture capital firm that focuses on investments in early-stage startups across multiple industries including software, hardware, consumer services & products and healthcare. They led a $40 million Series B investment into Canva alongside Blackbird Venture’s partners AirTree Ventures and Grok Ventures.
Sequoia Capital China is a Chinese venture capital firm that invests primarily into technology startups at all stages of development including seed rounds, Series A/B rounds and growth financing rounds. They were part of the original $15 million Series A investment into Canva alongside Blackbird Ventures and Felicis Ventures back in 2016.
The Iconic is an online fashion retailer based out of Australia which has invested into Canva as part of their push to become more digitally-focused with their products and services offerings to customers. In 2018 they participated as part of the $70 million Series C investment into Canva which was led by Bond Capital alongside existing investor Blackbird Venture’s partners AirTree Ventures.
Conclusion:Canva has seen millions of dollars worth of venture capital investments from some of the world’s most prominent firms including Blackbird Venture’s partners AirTree Ventures & Grok ventures, Felicis ventures, Matrix partners, Sequoia Capital China & The Iconic.