Canva

2024-06-24T19:49:27Z

2.26.138.63:

{{Short description|Online graphic design platform}}
{{Use dmy dates|date=December 2016}}
{{Use Australian English|date=July 2020}}
{{Infobox company
| name = Canva Pty Ltd
| logo_size = 160px
| logo = Canva Logo.svg
| type = [[Privately held company|Private]]
| industry = {{Flatlist|
* [[Graphic design]]
* [[Software]]
}}
| fate =
| predecessor = 
| successor = 
| founded = {{Start date and age|2013}}
| founders = {{Unbulleted list|[[Melanie Perkins]]|[[Cliff Obrecht]]||Cameron Adams}}
| defunct = 
| hq_location_city = [[Sydney]]
| hq_location_country = [[Australia]]
| area_served = Worldwide
| products = Canva, Canva Pro, Canva Teams, Canva Enterprise, Canva for Education, Canva for Nonprofits
| owner = 
| num_employees = 4,500<ref>{{Cite web|url=https://www.afr.com/technology/canva-agrees-to-settle-unfair-dismissal-case-from-senior-engineer-20240410-p5fir5 |title=Canva agrees to settle unfair dismissal case from senior engineer |work=[[Australian Financial Review]] |last=Bonyhady |first=Nick |date=10 April 2024 |archive-url=https://web.archive.org/web/20240516100350/https://www.afr.com/technology/canva-agrees-to-settle-unfair-dismissal-case-from-senior-engineer-20240410-p5fir5 |archive-date=16 May 2024 |url-status=live}}</ref>
| num_employees_year = 2024
| members = 100 million users <ref>{{Cite web|date=2022-10-12|title=Canva Announces Crossing 100 Million Monthly Active Users Following Launch of Visual Worksuite|url=https://www.businesswire.com/news/home/20221012005414/en/Canva-Announces-Crossing-100-Million-Monthly-Active-Users-Following-Launch-of-Visual-Worksuite|access-date=2022-12-27|website=www.businesswire.com|language=en|archive-date=13 December 2022|archive-url=https://web.archive.org/web/20221213103436/https://www.businesswire.com/news/home/20221012005414/en/Canva-Announces-Crossing-100-Million-Monthly-Active-Users-Following-Launch-of-Visual-Worksuite|url-status=live}}</ref>
| parent = Canva Inc.<ref>{{Cite web|url=https://www.opencorporation.org/en/company/canva-pty-ltd|title=CANVA PTY Ltd | OpenCorporation|access-date=12 December 2021|archive-date=12 December 2021|archive-url=https://web.archive.org/web/20211212234851/https://www.opencorporation.org/en/company/canva-pty-ltd|url-status=live}}</ref>
| subsid = {{plainlist|
* [[Pixabay]]
* [[Pexels]]
* [[Serif Europe|Serif]]
* Kaleido
* Smartmockups
* Flourish
}}
| revenue = {{increase}} {{US$|2 billion|link=yes}} (2023)<ref>{{Cite news |last=Smith |first=Paul |date=22 January 2024 |title=Canva share sale booms as revenue races higher |url=https://www.afr.com/technology/canva-s-extra-us500m-share-sale-boom-as-revenue-races-higher-20240122-p5ez1f |work=Australian Financial Review |archive-url=https://archive.today/20240122070052/https://www.afr.com/technology/canva-s-extra-us500m-share-sale-boom-as-revenue-races-higher-20240122-p5ez1f |archive-date=22 January 2024 |url-status=live}}</ref>
| website = {{URL|https://www.canva.com}}
}}
{{Infobox software
| name = Canva
| screenshot = Canva home page screenshot 2022.png
| screenshot alt = A screenshot of Canva's home screen
| caption = Home screen of the free version of Canva
| developer = Canva Pty Ltd
| released = {{Start date and age|2013|08}}
| operating system = [[Web application]], [[Android (operating system) | Android]], [[ChromeOS]], [[iOS]], [[iPadOS]], [[Linux]], [[macOS]], [[Microsoft Windows | Windows]]
| language = [[Afrikaans language|Afrikaans]], [[Albanian language|Albanian]], [[Arabic language|Arabic]], [[Armenian language|Armenian]], [[Assamese language|Assamese]], [[Azerbaijani language|Azerbaijani]], [[Basque language|Basque]], [[Bengali language|Bengali]], [[Bulgarian language|Bulgarian]], [[Burmese language|Burmese]], [[Catalan language|Catalan]], [[Cebuano language|Cebuano]], [[Croatian language|Croatian]], [[Czech language|Czech]], [[Danish language|Danish]], [[Dutch language|Dutch]], English, [[Estonian language|Estonian]], [[Finnish language|Finnish]], [[French language|French]], [[Fulani language|Fulani]], [[Galician language|Galician]], [[Georgian language|Georgian]], [[German language|German]], [[Greek language|Greek]], [[Gujarati language|Gujarati]], [[Hausa language|Hausa]], [[Hebrew language|Hebrew]], [[Hindi language|Hindi]], [[Hungarian language|Hungarian]], [[Igbo language|Igbo]], [[Indonesian language|Indonesian]], [[Italian language|Italian]], [[Japanese language|Japanese]], [[Javanese language|Javanese]], [[Kannada language|Kannada]], [[Kazak language|Kazak]], [[Khmer language|Khmer]], [[Korean language|Korean]], [[Kurdish language|Kurdish]], [[Kyrgyz language|Kyrgyz]], [[Latvian language|Latvian]], [[Lithuanian language|Lithuanian]], [[Macedonian language|Macedonian]], [[Maithili language|Maithili]], [[Malay language|Malay]], [[Malayalam language|Malayalam]], [[Marathi language|Marathi]], [[Mongolian language|Mongolian]], [[Nepali language|Nepali]], [[Norwegian language|Norwegian]], [[Oromo language|Oromo]], [[Persian language|Persian]], [[Polish language|Polish]], [[Portuguese language|Portuguese]], [[Punjabi language|Punjabi]], [[Romanian language|Romanian]], [[Russian language|Russian]], [[Serbian language|Serbian]], [[Shona language|Shona]], [[Simplified Chinese language|Simplified Chinese]], [[Sindhi language|Sindhi]], [[Sinhala language|Sinhala]], [[Slovak language|Slovak]], [[Slovenian language|Slovenian]], [[Somali language|Somali]], Spanish, [[Australian English|Strayan]], [[Sundanese language|Sundanese]], [[Swahili language|Swahili]], [[Swedish language|Swedish]], [[Tagalog language|Tagalog]], [[Tamil language|Tamil]], [[Telugu language|Telugu]], [[Thai language|Thai]], [[Traditional Chinese language|Traditional Chinese]], [[Turkish language|Turkish]], [[Ukrainian language|Ukrainian]], [[Urdu language|Urdu]], [[Uzbek language|Uzbek]], [[Vietnamese language|Vietnamese]], [[Welsh language|Welsh]], [[Wolof language|Wolof]], [[Xhosa language|Xhosa]], [[Yoruba language|Yoruba]] and [[Zulu language|Zulu]]
| language count = 100
| language footnote = <ref>{{cite web |url=https://www.canva.com/ |title=Canva |website=www.canva.com |access-date=16 May 2018 |archive-date=4 February 2020 |archive-url=https://web.archive.org/web/20200204063347/https://www.canva.com/ |url-status=live }}</ref>
| genre = [[Graphics software]], [[Whiteboarding]]
| license = [[Software as a service|SaaS]]
| website = {{URL|https://www.canva.com/}}
}}

'''Canva''' is a [[graphic design]] platform that provides tools for creating [[social media]] graphics, [[presentations]], [[promotional merchandise]] and websites.<ref name="techcrunch2">{{cite news |author=Perez, Sarah |date=26 August 2013 |title=Canva Launches A Graphic Design Platform Anyone Can Use |url=https://techcrunch.com/2013/08/26/backed-by-3-million-in-funding-canva-launches-a-graphic-design-platform-anyone-can-use/ |archive-url=https://web.archive.org/web/20190902223751/https://techcrunch.com/2013/08/26/backed-by-3-million-in-funding-canva-launches-a-graphic-design-platform-anyone-can-use/ |archive-date=2 September 2019 |work=Tech Crunch'}}</ref><ref>{{cite news |author1=Lancet, Yaara |author2=Zukerman, Erez |date=7 January 2014 |title=Canva review: Free tool brings much-needed simplicity to design process |url=http://www.pcworld.com/article/2079100/canva-review-free-tool-brings-much-needed-simplicity-to-design-process.html |archive-url=https://web.archive.org/web/20141221134956/http://www.pcworld.com/article/2079100/canva-review-free-tool-brings-much-needed-simplicity-to-design-process.html |archive-date=21 December 2014 |work=[[PC World]]}}</ref><ref>{{cite news |author=Swallow, Erica |date=18 November 2013 |title=Canva Makes Great Design More Accessible |url=https://www.forbes.com/sites/ericaswallow/2013/11/18/canva/ |archive-url=https://web.archive.org/web/20180816162211/https://www.forbes.com/sites/ericaswallow/2013/11/18/canva/ |archive-date=16 August 2018 |work=[[Forbes]]}}</ref> Launched in Australia in 2013, the service offers design tools for individuals and companies.<ref>{{Cite web |last=Littleton |first=Cynthia |date=2024-05-23 |title=Canva Design Platform Targets Hollywood and Big Business Users as Australian Digital Star Unveils Growth Plans |url=https://variety.com/2024/biz/news/canva-hollywood-design-bob-iger-1236014277/ |access-date=2024-05-29 |website=Variety |language=en-US}}</ref> Its offerings include templates for presentations, posters, and social media content, as well as functionalities for photo and video editing.

The platform uses a drag-and-drop interface intended to simplify the design process. Canva operates on a freemium model and has expanded its services over the years to include features like a print product platform and a video editing tool.

==History==
Canva was founded in [[Perth]], Australia, by [[Melanie Perkins]], [[Cliff Obrecht]] and Cameron Adams on 1 January 2013. In its first year, Canva had more than 750,000 users.<ref name=rebekah>{{cite news|url=http://boss.blogs.nytimes.com/2014/09/15/the-problem-with-going-into-business-with-a-friend/ |title=The Problem With Going Into Business With a Friend |first=Rebekah|last=Campbell|work=[[The New York Times]]|date=15 September 2014|access-date=21 December 2014|archive-url=https://web.archive.org/web/20141221133546/http://boss.blogs.nytimes.com/2014/09/15/the-problem-with-going-into-business-with-a-friend/ |archive-date=21 December 2014|url-status=live}}</ref> In April 2014, [[social media]] and technology expert [[Guy Kawasaki]] joined the company as its chief [[Evangelism marketing|evangelist]] (brand promoter).<ref name=techcrunch3>{{Cite web|last=Mishra|first=Pankaj|date=2014-04-16|title=Guy Kawasaki Joins Australian Design Startup Canva As Chief Evangelist|url=https://techcrunch.com/2014/04/16/guy-kawasaki-joins-australian-design-startup-canva-as-chief-evangelist/|access-date=2022-12-27|website=TechCrunch|language=en-US|archive-date=30 March 2019|archive-url=https://web.archive.org/web/20190330233214/https://techcrunch.com/2014/04/16/guy-kawasaki-joins-australian-design-startup-canva-as-chief-evangelist/|url-status=live}}</ref> In 2015, ''Canva for Work'' was launched, focusing on marketing materials.<ref>{{Cite news|url=https://www.fastcompany.com/40514362/graphic-design-startup-canva-just-turned-into-a-unicorn|title=Graphic design startup Canva just turned into a unicorn|date=2018-01-08|work=Fast Company|access-date=2018-06-27|language=en-US|archive-url=https://web.archive.org/web/20180627230754/https://www.fastcompany.com/40514362/graphic-design-startup-canva-just-turned-into-a-unicorn|archive-date=27 June 2018|url-status=live}}</ref>

During the 2016-17 financial year, Canva's revenue increased from {{AUD|6.8 million}} to {{AUD|23.5 million}}, with a loss of {{AUD|3.3 million}}. In 2017, the company reached profitability and had 294,000 paying customers.<ref name=":0">{{Cite web|url=https://techcrunch.com/2018/01/08/new-sequoia-china-investment-values-australian-design-company-canva-at-1-billion/|title=New Sequoia China investment values Australian design company Canva at $1 billion – TechCrunch|website=techcrunch.com|date=8 January 2018 |language=en-US|access-date=2018-06-27|archive-url=https://web.archive.org/web/20180627230946/https://techcrunch.com/2018/01/08/new-sequoia-china-investment-values-australian-design-company-canva-at-1-billion/|archive-date=27 June 2018|url-status=live}}</ref>

In January 2018, Perkins announced that the company had raised {{AUD|40 million}} from [[Sequoia Capital]], Blackbird Ventures, and Felicis Ventures, and the company was valued at {{AUD|1 billion}}.<ref name=bbc20180109>{{cite web|url=https://www.bbc.com/news/business-42552367|title=The 30-year-old woman who designed a $1bn business|first1=Kate|last1=Stanton|first2=Hywel|last2=Griffith|date=2018-01-09|access-date=2018-01-09|work=[[BBC News]]|archive-url=https://web.archive.org/web/20180728132608/https://www.bbc.com/news/business-42552367|archive-date=28 July 2018|url-status=live}}</ref><ref name=abc20180109>{{cite web|url=http://www.abc.net.au/news/2018-01-09/canva-australian-unicorn-1-billion-valuation/9312458|title=Canva: Online design startup joins generally overvalued 'unicorn' club|first1=David|last1=Chau|date=2018-01-09|access-date=2018-01-09|work=[[ABC News (Australia)|ABC News]]|location=Australia|archive-url=https://web.archive.org/web/20180112003453/http://www.abc.net.au/news/2018-01-09/canva-australian-unicorn-1-billion-valuation/9312458|archive-date=12 January 2018|url-status=live}}</ref><ref name=":0" /> [[Superannuation_in_Australia|Australian superannuation funds]] [[Hostplus]] and [[Aware Super]] are known to be investors.<ref name=":3">{{Cite web |date=2022-07-26 |title=Blackbird reveals Canvas' $14b plunge in value |url=https://www.afr.com/chanticleer/blackbird-reveals-canva-s-14b-plunge-in-value-20220726-p5b4k7 |access-date=2023-01-24 |website=Australian Financial Review |language=en |archive-date=24 January 2023 |archive-url=https://web.archive.org/web/20230124054718/https://www.afr.com/chanticleer/blackbird-reveals-canva-s-14b-plunge-in-value-20220726-p5b4k7 |url-status=live }}</ref>

In May 2019, the company raised another round of funding of {{AUD}}70 million from [[General Catalyst]] and Bond and its existing investors Blackbird Ventures and Felicis Ventures, valuing Canva at {{AUD}}2.5 billion.<ref>{{cite web |last1=Clark |first1=Kate |title=Graphic design platform Canva valued at $2.5B with new funds |url=https://techcrunch.com/2019/05/20/graphic-design-platform-canva-valued-at-2-5b-with-new-funds/ |website=TechCrunch |date=20 May 2019 |access-date=2 July 2019 |archive-url=https://web.archive.org/web/20190627005813/https://techcrunch.com/2019/05/20/graphic-design-platform-canva-valued-at-2-5b-with-new-funds/ |archive-date=27 June 2019 |url-status=live }}</ref> In October of that year, Canva announced that it had raised an additional {{AUD}}85 million at a valuation of {{AUD}}3.2  billion and launched an enterprise product.<ref name="tc">{{cite web |last1=Cook |first1=Jordan |date=16 October 2019 |title=Canva, now valued at $3.2 billion, launches an enterprise product |url=https://techcrunch.com/2019/10/16/canva-now-valued-at-3-2-billion-launches-an-enterprise-product/ |access-date=6 February 2020 |website=TechCrunch |ref=tc |archive-date=19 October 2019 |archive-url=https://web.archive.org/web/20191019130015/https://techcrunch.com/2019/10/16/canva-now-valued-at-3-2-billion-launches-an-enterprise-product/ |url-status=live }}</ref>

In December 2019, Canva announced ''Canva for Education'', a free product for [[school]]s and other educational institutions intended to facilitate collaboration between students and teachers.<ref>{{cite news |last1=Hennessy |first1=James |date=6 December 2019 |title=Canva has announced a slew of new products, including a video editing tool and an education offering |language=en |work=Business Insider Australia |url=https://www.businessinsider.com.au/canva-new-products-canva-video-apps-2019-12 |url-status=dead |archive-url=https://web.archive.org/web/20200301044950/https://www.businessinsider.com.au/canva-new-products-canva-video-apps-2019-12 |archive-date=1 March 2020}}</ref>

In June 2020, Canva announced a partnership with [[FedEx Office]]<ref>{{Cite news|last=Crook|first=Jordan|date=June 17, 2020|title=Canva design platform partners with FedEx Office as it pushes further into the US|work=TechCrunch|url=https://techcrunch.com/2020/06/16/canva-design-platform-partners-with-fedex-office-as-it-pushes-further-into-the-u-s/|access-date=2 July 2020|archive-date=26 January 2021|archive-url=https://web.archive.org/web/20210126231440/https://techcrunch.com/2020/06/16/canva-design-platform-partners-with-fedex-office-as-it-pushes-further-into-the-u-s/|url-status=live}}</ref> and with [[Office Depot]] the following month.<ref>{{Cite news|date=16 July 2020|title=Office Depot Enhances Print Services Portfolio with New Graphic Design Solutions Powered by Canva|work=Bloomberg|url=https://www.bloomberg.com/press-releases/2020-07-16/office-depot-enhances-print-services-portfolio-with-new-graphic-design-solutions-powered-by-canva|access-date=20 July 2020|archive-date=21 July 2020|archive-url=https://web.archive.org/web/20200721003640/https://www.bloomberg.com/press-releases/2020-07-16/office-depot-enhances-print-services-portfolio-with-new-graphic-design-solutions-powered-by-canva|url-status=live}}</ref> {{As of|2020|06}}, Canva's valuation had risen to {{AUD}}6 billion, rising to A$40 billion by September 2021.<ref>{{Cite news |last1=Tse |first1=Crystal |last2=Roof |first2=Katie |last3=Tan |first3=Gillian |last4=Lee |first4=Yoolim |date=22 June 2020 |title=Australia's Canva Startup Almost Doubles Valuation to $6 Billion |work=Bloomberg |url=https://www.bloomberg.com/news/articles/2020-06-22/australia-s-canva-raises-60-million-at-6-billion-value |access-date=24 June 2020 |archive-date=26 June 2020 |archive-url=https://web.archive.org/web/20200626193403/https://www.bloomberg.com/news/articles/2020-06-22/australia-s-canva-raises-60-million-at-6-billion-value |url-status=live }}</ref><ref>{{Cite news |date=16 September 2021 |title=Canva: Australian online design platform valued at $40bn |work=BBC |url=https://www.bbc.com/news/world-australia-58567722 |access-date=20 September 2021 |archive-date=30 January 2022 |archive-url=https://web.archive.org/web/20220130000423/https://www.bbc.com/news/world-australia-58567722 |url-status=live }}</ref> In September 2021, Canva raised US$200 million, with its value peaking that year at US$40 billion.<ref>{{Cite web |last=Konrad |first=Alex |title=Canva Raises At $40 Billion Valuation — Its Founders Are Pledging Away Most Of Their Wealth |url=https://www.forbes.com/sites/alexkonrad/2021/09/14/canva-raises-at-40-billion-valuation-and-founders-pledge-away-their-wealth/ |access-date=2021-09-19 |website=Forbes |language=en |archive-date=20 September 2021 |archive-url=https://web.archive.org/web/20210920005230/https://www.forbes.com/sites/alexkonrad/2021/09/14/canva-raises-at-40-billion-valuation-and-founders-pledge-away-their-wealth/ |url-status=live }}</ref><ref>{{Cite news |date=2021-09-15 |title=Canva: Australian online design platform valued at $40bn |language=en-GB |work=BBC News |url=https://www.bbc.com/news/world-australia-58567722 |access-date=2022-01-13 |archive-date=30 January 2022 |archive-url=https://web.archive.org/web/20220130000423/https://www.bbc.com/news/world-australia-58567722 |url-status=live }}</ref> By September 2022, the valuation of the company had leveled at US$26 billion.<ref name=":2">{{Cite web |last=Bonyhady |first=Nick |date=2022-09-14 |title=Canva to go up against Microsoft and Google |url=https://www.smh.com.au/business/companies/canva-to-go-up-against-microsoft-and-google-20220914-p5bhy6.html |url-status=live |archive-url=https://web.archive.org/web/20220927041610/https://www.smh.com.au/business/companies/canva-to-go-up-against-microsoft-and-google-20220914-p5bhy6.html |archive-date=27 September 2022 |access-date=2022-09-27 |website=The Sydney Morning Herald |language=en}}</ref> While its value had fallen significantly, perhaps as much as 35% from its 2021 high to mid 2022, it was still known as a "darling" of the Australian tech sector, along with [[Atlassian]].<ref name=":3" /><ref>{{Cite web |last=Yun |first=Jessica |date=2023-01-17 |title='Orange is the new Palo Alto': Why the next Atlassian, Canva will be from the bush |url=https://www.smh.com.au/business/entrepreneurship/orange-is-the-new-palo-alto-why-the-next-atlassian-canva-will-be-from-the-bush-20230117-p5cd50.html |access-date=2023-01-24 |website=The Sydney Morning Herald |language=en |archive-date=24 January 2023 |archive-url=https://web.archive.org/web/20230124054719/https://www.smh.com.au/business/entrepreneurship/orange-is-the-new-palo-alto-why-the-next-atlassian-canva-will-be-from-the-bush-20230117-p5cd50.html |url-status=live }}</ref> In March 2022, Canva had over 75 million monthly active users.<ref>{{Cite web |last=Aziz |first=Afdhel |title=How Canva Is Being A Force For Good By Empowering The Whole World To Design |url=https://www.forbes.com/sites/afdhelaziz/2022/03/31/how-canva-is-being-a-force-for-good-by-empowering-the-whole-world-to-design/ |access-date=2023-11-14 |website=Forbes |language=en |archive-date=14 November 2023 |archive-url=https://web.archive.org/web/20231114065040/https://www.forbes.com/sites/afdhelaziz/2022/03/31/how-canva-is-being-a-force-for-good-by-empowering-the-whole-world-to-design/ |url-status=live }}</ref>

Co-founders Perkins and Obrecht have already disclosed their plan to give away much of their fortune to numerous philanthropic causes.<ref>{{Cite web|date=2021-09-14|title=Canva founders to give $16.5b fortune away|url=https://www.afr.com/technology/canva-doubles-to-55b-valuation-after-fresh-raise-20210915-p58rq3|access-date=2021-09-19|website=Australian Financial Review|language=en|archive-date=1 April 2022|archive-url=https://web.archive.org/web/20220401015206/https://www.afr.com/technology/canva-doubles-to-55b-valuation-after-fresh-raise-20210915-p58rq3|url-status=live}}</ref> In 2023, the pair were named in the [[Australian Financial Review]]'s AFR Rich List as among the 10 most wealthy people in Australia.<ref>{{Cite web |date=2023-05-24 |title=The 200 richest people in Australia revealed |url=https://www.afr.com/rich-list/australia-s-10-richest-people-revealed-20230523-p5dapa |access-date=2023-09-25 |website=Australian Financial Review |language=en |archive-date=6 June 2023 |archive-url=https://web.archive.org/web/20230606141432/https://www.afr.com/rich-list/australia-s-10-richest-people-revealed-20230523-p5dapa |url-status=live }}</ref>

On December 7, 2022, Canva launched Magic Write, which is the platform’s AI-powered copywriting assistant.<ref>{{Cite web |title=AI text generation is moving mainstream with Canva's Magic Write |url=https://www.pcworld.com/article/1424421/ai-text-generation-is-moving-mainstream.html |access-date=2023-04-13 |website=PCWorld |language=en |archive-date=13 April 2023 |archive-url=https://web.archive.org/web/20230413212000/https://www.pcworld.com/article/1424421/ai-text-generation-is-moving-mainstream.html |url-status=live }}</ref> On March 22, 2023, Canva announced its new Assistant tool, which makes recommendations on graphics and styles that match the user's existing design.<ref>{{Cite web |last=Malik |first=Aisha |date=2023-03-23 |title=Canva unveils a series of new features, including several AI-powered tools |url=https://techcrunch.com/2023/03/22/canva-new-features-including-suite-of-ai-powered-tools/ |access-date=2023-04-13 |website=TechCrunch |language=en-US |archive-date=13 April 2023 |archive-url=https://web.archive.org/web/20230413211957/https://techcrunch.com/2023/03/22/canva-new-features-including-suite-of-ai-powered-tools/ |url-status=live }}</ref> On January 11, 2024, Canva launched its own GPT in OpenAI's GPT Store.<ref>{{Cite web |last=Hollander |first=Roger |date=2024-01-13 |title=The Most Popular GPTs in the OpenAI GPT Store |url=https://www.gptreview.io/blog/the-most-popular-gpts-in-the-openai-gpt-store |website=GPTReview |language=en-US }}</ref>

In March 2024, Canva finalised a share sale at a flat valuation of US$26 billion ($39.4 billion) for the company, with buyers wanting US$2.4 billion ($3.6 billion) in shares but purchasing about US$1.6 billion ($2.4 billion) in that tranche.<ref>{{Cite web |date=2024-04-04 |title=Canva millionaires made as $US1.6b share sale completes |url=https://www.afr.com/technology/canva-millionaires-made-share-sale-to-hit-3-6bn-first-1-6bn-done-20240405-p5fhmm |access-date=2024-05-22 |website=Australian Financial Review |language=en}}</ref>

The company has announced it intends to compete with Google and Microsoft in the [[office software]] category with website and [[Whiteboarding|whiteboard]] products.<ref name=":2" />

In May 2024, the company announced the launch of Canva Enterprise, a plan designed for large organizations, alongside new tools including Work Kits, Courses and AI capabilities.<ref>{{Cite web |last=Wood |first=Chris |date=May 23, 2024 |title=Canva Introduces Canva Enterprise, Work Kits and adtech apps. |url=https://martech.org/canva-introduces-canva-enterprise-work-kits-and-adtech-apps/ |website=MarTech}}</ref>

===Data breach===
In May 2019, Canva experienced a [[data breach]] in which the data of roughly 139 million users was hacked.<ref>{{Cite web|url=https://www.zdnet.com/article/australian-tech-unicorn-canva-suffers-security-breach/|title=Australian tech unicorn Canva suffers security breach|website=ZDNet|language=en|access-date=2019-12-07|archive-date=1 April 2021|archive-url=https://web.archive.org/web/20210401003314/https://www.zdnet.com/article/australian-tech-unicorn-canva-suffers-security-breach/|url-status=live}}</ref> The exposed data included real names of users, usernames, email addresses, geographical information, and password hashes for some users.<ref>{{Cite web|url=https://www.tomsguide.com/us/canva-data-breach,news-30165.html|title=139 Million Users Hit in Canva Data Breach|website=Tom's Guide|date=24 May 2019|language=en|access-date=2019-12-07|archive-date=21 January 2021|archive-url=https://web.archive.org/web/20210121052101/https://www.tomsguide.com/us/canva-data-breach,news-30165.html|url-status=live}}</ref> Later in January 2020, approximately 4 million user passwords were decrypted and shared online.<ref>{{cite web |date=17 January 2020 |title=Canva Security Incident – May 24 FAQs |url=https://www.canva.com/help/incident-may24/ |url-status=live |access-date=16 August 2022 |website=Canva |archive-date=14 August 2022 |archive-url=https://web.archive.org/web/20220814064440/https://www.canva.com/help/incident-may24/ }}</ref> Canva responded by resetting the passwords of every user who had not changed their password since the initial breach.

===Acquisitions===
In 2018, the company acquired presentations startup Zeetings for an undisclosed amount, as part of its expansion into the presentations space.<ref>{{cite news |last1=Powell |first1=Dominic |title=SmartCompany |url=https://www.smartcompany.com.au/startupsmart/news/canva-makes-first-acquisition-of-presentations-startup-zeetings-to-end-death-by-powerpoint/ |access-date=6 February 2020 |archive-date=12 January 2021 |archive-url=https://web.archive.org/web/20210112000130/https://www.smartcompany.com.au/startupsmart/news/canva-makes-first-acquisition-of-presentations-startup-zeetings-to-end-death-by-powerpoint/ |url-status=live }}</ref>

In May 2019, the company announced the acquisitions of [[Pixabay]] and [[Pexels]], two free [[stock photography]] sites based in Germany, which enabled Canva users to access their photos for designs.<ref>{{cite web |last1=Jonathan |first1=Shieber |title=Australia's design unicorn, Canva, picks up two free image-sharing services, and launches new photo product |url=https://techcrunch.com/2019/05/17/australias-design-unicorn-canva-picks-up-two-free-image-sharing-services-and-launches-new-photo-product/ |website=TechCrunch |date=17 May 2019 |access-date=10 December 2019 |archive-date=1 May 2023 |archive-url=https://web.archive.org/web/20230501210141/https://techcrunch.com/2019/05/17/australias-design-unicorn-canva-picks-up-two-free-image-sharing-services-and-launches-new-photo-product/ |url-status=live }}</ref>

In February 2021, Canva acquired Austrian startup Kaleido.ai and the Czech-based Smartmockups.<ref name=":1">{{Cite news|last=Lee|first=Yoolim|date=2021-02-22|title=Australia's Canva Buys European Design Startups to Fuel Growth|language=en|work=Bloomberg.com|url=https://www.bloomberg.com/news/articles/2021-02-22/australia-s-canva-buys-european-design-startups-to-fuel-growth|url-status=live|access-date=2021-02-23|archive-url=https://archive.today/20210222185942/https://www.bloomberg.com/news/articles/2021-02-22/australia-s-canva-buys-european-design-startups-to-fuel-growth|archive-date=22 February 2021}}</ref>

In March 2024, Canva acquired UK-based [[Serif Europe|Serif]], the developers of the [[Serif products|Affinity suite of graphic design software]], for approximately $380{{nbsp}}million.<ref>{{Cite web |last=Bonyhady |first=Nick |date=March 26, 2024 |title=Canva's billion-dollar bet on a 37-year-old Nottingham company |url=https://www.afr.com/technology/canva-s-billion-dollar-bet-on-a-37-year-old-nottingham-company-20240321-p5fea0 |access-date=March 26, 2024 |website=[[Australian Financial Review]]}}</ref><ref>{{Cite web |last=Miller |first=Ron |date=26 March 2024 |title=With Affinity acquisition, Canva should be able to compete better with Adobe's creative tools |url=https://techcrunch.com/2024/03/26/with-affinity-acquisition-canva-should-be-able-to-compete-better-with-adobes-creative-tools/ |website=TechCrunch}}</ref>

== See also ==
* [[Comparison of desktop publishing software]]
* [[List of desktop publishing software]]

==References==
{{reflist|refs=
}}

==External links==
* [https://www.canva.com/ Official website]

[[Category:Australian companies established in 2013]]
[[Category:500 Startups companies]]
[[Category:Australian brands]]
[[Category:Companies based in Sydney]]
[[Category:Design companies established in 2013]]
[[Category:Mass media companies established in 2013]]
[[Category:Online companies of Australia]]
[[Category:Software companies of Australia]]
[[Category:Technology companies established in 2013]]
[[Category:Collaborative software]]
[[Category:Graphics software]]

Wikipedia - User contributions [en]

Canva