Canva’s Valuation Hits $42 Billion
Australian design platform Canva has reached a new business valuation of $42 billion.
- The company didn’t raise new capital. Instead, it allowed employees to sell a portion of their shares.
- Buyers include major investors such as Fidelity and JPMorgan Chase & Co.
- The share buyback was set at a valuation of $42 billion, up from $32 billion in 2024.
- Canva says the deal generated strong interest from investors and potential partners eager to participate.
The company now boasts 240 million monthly active users and reported $3.3 billion in revenue over the past year. Yet, Canva operates in an increasingly competitive landscape, facing rivals like Adobe, Figma, and the expanding capabilities of AI-powered design tools.
Investors are also eyeing Canva’s eventual IPO, hoping for a successful public debut, especially following Figma’s experience.
Canva’s Valuation Hits $42 Billion
Australian design platform Canva has reached a new business valuation of $42 billion.
- The company didn’t raise new capital. Instead, it allowed employees to sell a portion of their shares.
- Buyers include major investors such as Fidelity and JPMorgan Chase & Co.
- The share buyback was set at a valuation of $42 billion, up from $32 billion in 2024.
- Canva says the deal generated strong interest from investors and potential partners eager to participate.
The company now boasts 240 million monthly active users and reported $3.3 billion in revenue over the past year. Yet, Canva operates in an increasingly competitive landscape, facing rivals like Adobe, Figma, and the expanding capabilities of AI-powered design tools.
Investors are also eyeing Canva’s eventual IPO, hoping for a successful public debut, especially following Figma’s experience.
