Is Canva Privately Owned?

Canva is a graphic design platform that was founded in 2012 by Melanie Perkins, Cliff Obrecht, and Cameron Adams.

The platform offers a wide range of design tools and templates that allow users to create professional-looking designs quickly and easily. Canva is used by millions of people around the world, from small business owners to large corporations.

As of June 2023 Canva is a privately owned company.

Why is Canva Privately Owned?

There are a number of reasons why a company might choose to remain privately owned rather than going public. One of the main reasons is that it allows the company to maintain more control over its operations and decision-making processes.

When a company goes public, it is required to disclose a lot of information to the public, including financial information and details about its operations. This can make it more difficult for the company to make strategic decisions without the input of its shareholders.

Another reason why a company might choose to remain privately owned is that it allows the founders to maintain a larger stake in the company.

When a company goes public, the founders' ownership stake is diluted as new shares are issued to investors. By remaining privately owned, the founders can maintain a larger share of the company's equity.

In Short

Canva is a privately owned graphic design platform that was founded in 2012 by Melanie Perkins, Cliff Obrecht, and Cameron Adams. The company is owned by its founders and a number of private investors, and has raised over $600 million in funding since its inception.

Canva has chosen to remain privately owned in order to maintain more control over its operations and decision-making processes, and to allow the founders to maintain a larger stake in the company.