Published 4 months ago

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 Australian

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.

4 months ago

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Bloomberg

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.

4 months ago·United States

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