US EditionAs Wall Street punishes software stocks over AI concerns, Canva gets more acquisitive
Canva integrates Cavalry’s 2D animation and MangoAI’s ad performance tech into its platform to enhance video creation and marketing tools for 265 million users.
- On Monday, Canva announced it purchased two startups, Cavalry and MangoAI, to boost marketing and creative capabilities and help challenge Adobe.
- Amid a sell-off in software stocks, Canva closed 2025 at $4 billion in annualized revenue with more than 265 million users and 31 million paid users, having acquired Magicbrief and launched Canva Grow last year.
- By design, Canva will continue to operate Cavalry independently while incorporating its animation technology into the core Canva product and the Affinity suite, which has been downloaded over five million times.
- Canva plans to incorporate MangoAI into Canva Grow, adding motion editing and tracking video performance, with Nirmal Govind becoming Chief Algorithms Officer and Vinith Misra joining marketing.
- As Canva scales with over 5,000 employees, Adams said `AI is great at getting you to 80%` and added `Analyzing all of that across your campaigns is the full vision of Canva Grow, and Mango will help enable that.
13 Articles
13 Articles
Canva Acquires Cavalry and MangoAI To Strengthen AI Video Tools and Animation Capabilities | 📲 LatestLY
Canva has acquired UK-based Cavalry and US-based MangoAI to bolster its animation and AI-driven video advertising capabilities. These acquisitions, aimed at expanding its professional design suite, follow a strong 2025 where annualised revenue reached USD 4 billion. Nirmal Govind joins as Chief Algorithms Officer to lead the platform’s new personalisation initiatives. 📲 Canva Acquires Cavalry and MangoAI To Strengthen AI Video Tools and Animati…
Canva Acquires Cavalry and Mango AI to Expand Motion and Marketing Tools
On Monday, the creative software giant Canva, announced it has acquired two startups: Cavalry, a 2D motion animation platform, and Mango AI, a stealth company focused on improving video ad performance using reinforcement learning.“By bringing Cavalry alongside Affinity, we’re closing that motion editing gap and unlocking a complete professional suite spanning photo, vector, layout, and now motion editing,” the company said in a blog post. About …
As giants like Adobe multiply adverts around the AI, as recently with Photoshop AI Assistant, Canva moves on to the offensive. Indeed, the Australian platform announces in a press release the acquisition of two start-ups: Cavalry, specialized in 2D animation, and MangoAI, positioned on the optimization of video advertisements. A two-way strategic movement that illustrates [...]
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