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Software firm Canva valued at $15 billion after latest investment

Australian software firm Canva on Tuesday said the company's valuation had more than doubled to $15 billion following an investment of $71 million.

  • (Reuters) - Australian software firm Canva on Tuesday said the company‚Äôs valuation had more than doubled to $15 billion following an investment of $71 million.
  • Sydney-based Canva, launched in 2013, offers an online design and publishing tool with templates for presentations, social media graphics and posters, among others.
  • Canva, which has more than 55 million monthly active users, said it achieved a 130% year-over-year rise in annual revenue, while remaining profitable.

REUTERS.COM 8 Apr, 2021

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