Sydney-based Canva, the design platform for non-designers, has today announced the close of a $60 million funding round, bringing its valuation to $6 billion, according to the company.. Its ability to raise almost double the amount in 2020, reveals the profitability of the company even within a pandemic. Share. 3. Canva is a graphic design platform, used to create social media graphics, presentations, posters, documents and other visual content. Jun 22, 2020 – 11.47pm. Save. 2020-11-18T14:01:00Z The letter F. An envelope. Crystal Tse and Katie Roof . The Sydney-based startup, dubbed the "design platform for non-designers", had previously been valued at $3.2 billion, but after its latest fundraising round, that jumped to a whopping $6 billion. Canva nearly doubles its valuation June 23, 2020 xxxanonxxx Ares raises $3.5B for opportunistic deals; Advent joins chase for stake in Serie A; Payments startup hits $5.5B; VCs to exit ArcherDX in $1.4B deal Tech in Asia. Post a Comment. Graphic design software business Canva … Lucy Ingham 23rd June 2020 (Last Updated June 23rd, 2020 08:53) Canva. By Business News Australia. The startup has raised a total of more than $300 million, including this latest round of financing, from investors like Bond, General Catalyst, Sequoia Capital China, Felicis Ventures and Blackbird Ventures . The company has also announced it is expanding its presence in the US. Canva raises US$60m for a US$6bn valuation The design platform now has 30m+ monthly users in 190 countries; Increases workplace collaboration tools, including talking presentations Privately-owned Australia design giant Canva has raised US$60 million (A$87m) in a round that nearly doubled the company’s previous valuation of US$3.2 billion to US$6 billion (A$8.7bn).... Read more » 2020. This pitch deck helped Australian tech unicorn Canva on its journey to a massive $6 billion valuation. Aussie unicorn Canva has raised $87.3 million and almost doubled its valuation, as COVID-19 boosts activity on the design platform by 50%. Canva valuation hits new $6 billion high after closing $60 million funding round. October. 2020. Martin Coulter . Investors in the co BROOKE CORTE Business Featured. This values the business at … Over the years, Canva has managed to attract funding in millions, with its latest valuation in 2019 standing at $3.2 billion. Canva, the Australian tech unicorn, recently raised $60 million in a fundraising round backed by Sequoia Capital, Bond, and General Catalyst – and doubled its valuation in the process. The financing was led by Blackbird Ventures and Sequoia China, with participation from existing backers including General Catalyst Partners, Felicis Ventures and Bond. 24 June 2020 Australian online design platform Canva is now worth US$6 billion (AUD$8.7 billion) after completing a US$60 million funding raise. Sydney-based Canva, the design platform for non-designers, has today announced the close of a $60 million funding round, bringing its valuation to $6 billion, according to the company.. Canva, an Australian startup specialising in workplace collaboration tools, has announced that its valuation has almost doubled, from $3.2bn to $6bn, after it raised $60m in its latest funding round. The doubling in valuation is attributed to the company’s growing prominence as a workplace collaboration platform fueled by its strong performance in user growth, which continues to accelerate as the world shifts online amids the global pandemic. from Tech in Asia https://ift.tt/2Va49EQ. “Empires were not built in a day, nor homes in an hour.” —E. The funding comes less than a year after the graphic design business raised $90 million at a $3.2 billion valuation in October. Graphic design start-up Canva is now the largest privately-owned company in Australia after raising $87 million in its latest round of funding, giving it a paper value of $8.77 billion. ... 6:32 PM Jun 23 2020, 8:51 PM June 22 2020, 6:32 PM June 23 2020, 8:51 PM (Bloomberg) --Graphic design software business Canva Inc. has raised private capital valuing the company at $6 billion. Canva, the Australian-based design tool maker, has today announced that it has raised an additional $85 million to bring its valuation to $3.2 billion, up from $2.5 billion in May. Monday, June 22, 2020. Get link; Facebook ; Twitter; Pinterest; Email; Other Apps; Comments. This pitch deck helped Australian tech unicorn Canva on its journey to a massive $6 billion valuation. Canva almost doubles valuation to $8.7b. SYDNEY, AUSTRALIA (September 17, 2020) – Canva has been named to the Forbes 2020 Cloud 100, the definitive ranking of the top 100 private cloud companies in the world, published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures. October 3, 2020; Fresh news now 0 Summary List Placement Australian design unicorn Canva recently raised $60 million in fundraising – doubling its valuation to a massive $6 billion. Canva's latest funding round in June 2020 was reported to be $60 m. In total, Canva has raised $315.8 m. Canva's latest valuation is reported to be $6 b. Canva sees new $6B valuation record growth at Thursday, June 25, 2020. This week’s funding round brings Canva to $3.2 billion. World news ; Australian design app Canva doubles valuation to $6 billion and plans U.S. expansion to rival Adobe. 30. The new round of funding was provided by Sequoia Capital and Black Bird Ventures, its original financiers. Canva has announced a new valuation of US$6 billion from US$3.2 billion, after having raised a US$60 million round. Perth-founded software developer Canva has successfully raised $US60 million ($87 million) from venture capital investors, nearly doubling its valuation to $US6 billion. Canva raises $60 million on a $6 billion valuation Sydney-based Canva, the design platform for non-designers, has today announced the close of a $60 million funding round, bringing its valuation to $6 billion, according to the company. A. Bucchianeri This is a complete breakdown of the Canva marketing strategy that helped the brand grow to a $6 billion valuation, generate 20 million monthly active users, and gain customers across 190 countries—including 85% of all Fortune 500 brands. 2020. Canva raises $60 million on a $6 billion valuation Mukesh. Canva doubles valuation to $6B in a year ! Canva’s valuation has been blown sky-high for the second time this year, after staging another funding round. Canva’s CEO and cofounder is 32-year-old Melanie Perkins. Canva today announces a new valuation of US$6 billion from US$3.2 billion, after having raised a US$60 million round. October. June 22, 2020 Startups, Share This . Share Article. Normal text size Larger text size Very large text size. This pitch deck helped Australian tech unicorn Canva on its journey to a massive $6 billion valuation. Canva for Education, the free design and collaboration platform for schools that launched at the start of 2020, has seen its total monthly active users increase tenfold since March, highlighting how the tool has played a key role in keeping education alive during lockdown across the world. Join Canva’s affiliate program and share the power of good design. Canva doubles valuation to $6b after raising $60m June 23, 2020 Get link; Facebook; Twitter; Pinterest; Email; Other Apps; Existing backers Blackbird Ventures and Sequoia Capital China led the round. 22. Save . Sydney-based design tool Canva announced on Wednesday that it has raised an $85 million funding round. The fresh round of $60 million in funding nearly doubles last year’s $3.2 billion valuation, and makes the Sydney-based startup the most valuable private technology business in Australia. Canva has raised $60 million in a round that values the Sydney-based company at $6 billion. Users can also pay for physical products to be printed and shipped.. As an affiliate partner you’ll get paid for every Canva Pro subscription sale you refer. Canva doubles valuation to $6b after raising $60m. Canva raises a fresh $60M in funding on June 22, 2020. Canva has reached a $3.2 valuation as it makes its first push into bigger-sized customers for its design software suite. 23 June 2020 Charlie Gunningham // Perth-founded, Sydney-located design tech company Canva has raised a further US$60M from existing investors to double its previous valuation … In a deal announced overnight on Monday, design software company Canva has raised US$60M (A$87M) from existing investors Blackbird, Sequoia China, Bond, Felicis and General Catalyst. October 30, 2020; Fresh news now 0 Summary List Placement Australian design unicorn Canva recently raised $60 million in fundraising – doubling its valuation to a massive $6 billion. Popular Posts Can Shopee become profitable? June. The app already includes templates for users to use. Canva valuation soars to $8.7 billion. Remote working revolution sees Canva valuation hit US$6 billion. 23/06/2020. Log in, register or subscribe to save articles for later. 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