When Did Canva Become a Unicorn?

What is a unicorn Company?

A unicorn company is a startup that reaches a one billion dollars valuation. Not a lot of companies make it, it's really rare - that's why the name. 

When Did Canva Become a Unicorn?

Canva became a unicorn in January 2018.

Its valuation surpassed $1 billion after it raised $40 million in a funding round led by Sequoia Capital, Blackbird Ventures, and Felicis Ventures, among other investors.

This significant funding round brought Canva's total valuation to over $1 billion, making it one of the few unicorns in the tech industry at that time. Since then, Canva's valuation has continued to rise, and it has become one of the most well-known and widely used graphic design tools globally.

At the moment Canva is valuated at 40 billions. Who knows how much it's going to be worth 5 years from now.