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Canva Holders Are Said To Near Expanded $1.5 Billion Share Sale

Summary by Ground News
The share sale by a group of investors including current and former employees of the privately held firm would value the company at about $US26b. Canva generated more than $US2b in annualised revenue in 2023. The round comes as Canva ramps up competition with Adobe, with both firms introducing artificial intelligence features last year.

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The West AustralianThe West Australian
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Canva holders are said to near expanded $US1.5b share sale

Australian software company Canva is close to completing a share sale that’s set to raise more than $US1.5 billion ($2.3b), according to people familiar with the matter.

·Australia
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BloombergBloomberg
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Canva Holders Are Said To Near Expanded $1.5 Billion Share Sale

Australian software company Canva Inc. is close to completing a share sale that’s set to raise more than $1.5 billion, according to people familiar with the matter.

·United States
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Bloomberg broke the news in United States on Sunday, January 21, 2024.
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