Well Run profileThe Chase Pack · #676 of 720

Position 676

Canva

Online design and visual communication platform with AI tools

Pace
6:30/kmCool-down1.0
Distance
Distance Marathon.
Open ops roles
—
Last week
#565
Move
▼ 111
Peak
#565
Weeks in the 100
0
The Chart →
Rank and score over time
Board rank
#555#607#658#565Oct 18#648Oct 25
Pace score
02461Oct 181Oct 25

One point per Sunday re-rank, tracking since Oct 18. The lines fill in week by week.

Canva runs in the Cool-down lane (6:30/km): 20 of 64. Further right = more momentum. No competitors on the board yet, so it runs alone.
Total raised
~$580M primarysee rounds ↓
Founded
2012
HQ
Sydney, Australia

Leadership

The problem

Non-designers need to create professional visuals quickly

What they do

Online design and visual communication platform with AI tools

Traction ~$4B ARR, Q2 2026 revenue $921.9M (+25%), profitable 9 years

Hiring trend

Headcount
~17,500

~17,500 staff

Hiring in

  • Sydney
  • San Francisco
  • Austin
  • Remote (Australia)
  • Remote (India)

Funding

Last round
Employee share sale ($42B)
Stage
Late-stage private
Date
Aug 2025

Led by Fidelity

Distance

Marathon · edge: cheaper at size

Design category leader, ~$4B ARR and profitable nine years; growth forecast cut on AI costs.

Sources: Startup Daily: Canva valuation cut, growth and cash (Aug 2026) ↗

Watch-outs

Backers and internal valuer marked valuation down (to $31–34.9B); 2026 growth forecast cut from 30% to 20% on AI costs; IPO reportedly shelved

Sources: Sydney Morning Herald, Aug 2026 ↗ · The Next Web, Aug 2026 ↗

Open ops roles

No ops roles open right now

Last checked Oct 13, 2026

Funding historyTotal raised ~$580M primary

  1. Aug 2025Employee share sale (secondary)at $42BLed by Fidelity reuters.com ↗
  2. Sep 2021Growth round$200Mat $40BLed by T. Rowe Price canva.com ↗
  3. Apr 2021Growth round$71Mat $15BLed by T. Rowe Price and Dragoneer canva.com ↗
  4. Jun 2020Growth round$60Mat $6BLed by Blackbird and Sequoia Capital China zdnet.com ↗
  5. Oct 2019Series D ext. / E$85Mat $3.2Bbusinessinsider.com ↗
  6. May 2019Series D$70Mat $2.5BLed by Bond businessinsider.com ↗
  7. Jan 2018Series C$40Mat $1BLed by Sequoia China, Blackbird, Felicis canva.com ↗
  8. Sep 2016Series B$15Mstockanalysis.com ↗
  9. Oct 2015Series A$15Mat $165MLed by Blackbird Ventures and Matrix Partners (investors) canva.com ↗

Profile facts checked Oct 19, 2026. Every fact links to its public source.

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