Canva valuation leaps to almost $50b after investors quietly cash out

Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login Canva says it is now worth almost $50 billion after an undisclosed number of existing investors sold their shares in the company to buyers keen to own a stake ahead of a public listing next year. The design software giant said its valuation had risen by $US6 billion ($9.

1 billion) to $US32 billion after the deal, the first since investors and employees were allowed to sell shares in April. An earlier version of this story stated Canva had raised new capital. Canva didn’t take on any new money as part of the latest share transactions.



Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login Introducing your Newsfeed Follow the topics, people and companies that matter to you. Latest In Technology Fetching latest articles Most Viewed In Technology.