C

Canva

Application

Online visual-design platform (designs, docs, presentations, video, print) with built-in generative AI, plus the Affinity professional design suite.

Subsidiary: Leonardo.Ai

Total funding—

Valuation$42B

Employees5,500

Founded2013

HeadquartersSydney, Australia

StatusPrivate

Products

Selected offerings — the AI products recorded here, not the vendor's full catalogue.

• Canva Application Sold on its own

  Browser design tool with generative image, video and text features built in.

• Affinity Application Sold on its own

  Professional desktop suite for vector drawing, photo editing and page layout, acquired by Canva in 2024.

Inside Canva

• Canva AI Application Included with the parent

  Canva's conversational AI assistant, which generates text, images, videos, code and editable designs from chat prompts inside Canva and connects to external tools such as Slack, Gmail, Google Drive and Notion.

• Magic Write Application Included with the parent

  Canva's AI text generator, which drafts and rewrites copy inside Canva designs and Canva Docs from a prompt.

• Canva Grow Application Included with the parent

  Canva's ad management platform, which generates ad creative with AI, publishes campaigns to Meta, TikTok and LinkedIn, and reports on performance in one place.

• Dream Lab Application Included with the parent

  Canva's AI image generator, launched from the Canva homepage, which produces up to four images per text prompt and supports reference images, follow-up refinement and resolution boosting.

• Magic Formulas Application Included with the parent

  Generates spreadsheet formulas from a plain-language description inside Canva Sheets.

• Magic Insights Application Included with the parent

  Analyses spreadsheet data inside Canva and generates visual insights and charts.

• Magic Layers Application Included with the parent

  Turns a flat, AI-generated design into an editable layout: select, move and edit individual design elements after the fact.

Inside Canva AI

• Canva Code Application Included with the parent

  Canva's AI code generator, which turns prompts into responsive, interactive designs — landing pages, dashboards, quizzes, calculators and charts — that can be edited in the Canva editor and published as websites.

Inside Canva Pro

• Background Remover Application Included with the parent

  Removes image backgrounds automatically inside the Canva editor.

• Magic Animate Application Included with the parent

  Chooses animations and transitions for a design using its own visual context.

• Magic Eraser Application Included with the parent

  Removes unwanted objects from photographs inside the Canva editor.

• Translate Application Included with the parent

  Translates the text inside a Canva design while preserving layout.

Closest alternatives 2

RRecraftPrivate · $42M raisedBoth ranked head-to-head in the same 2026 AI-image-generator roundup, both on generate-visual-media.2 of 12 capabilitiesShared product typeSourced competitorCreate images and videoCompareGGammaPrivate · $2.1BTechCrunch article.3 of 12 capabilitiesShared product typeSmaller scaleSourced competitorDraft and edit written contentCompare

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How this list is ranked ↗

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smaller scale (private).4 of 12 capabilitiesShared product typeSmaller scaleCompare

Closest alternatives are pairs a vendor page itself compares. Similar products are matched from what each product does; nothing in that group is asserted as a rivalry.

Sources

Total funding

Checked — none published

hiive.com (previously cited as 'news') now redirects to clarity.com/browse-companies/canva-stock, a secondary-share marketplace listing behind a sign-up wall, not journalism. No dated named-press cumulative total found this pass; re-source when one surfaces.

Valuation

News reporting · 19 Aug 2025

Australia's Canva begins share sale at $42 billion valuation, Reuters, 2025-08-19. Post-money valuation of the round dated 2025-08-19.

Employees

News reporting · 10 Apr 2024

Canva agrees to settle unfair dismissal case from senior engineer, The Australian Financial Review, 2024-04-10. Read via stockanalysis.com's citation for this figure on 2026-08-27.

Founded

Wikipedia · 27 Aug 2026

Wikipedia infobox "founded" field, read 2026-08-27.

Revenue (ARR)

News reporting · 18 Feb 2026

$4B annual recurring revenue at the end of 2025, TechCrunch 2026-02-18, quoting co-founder Cliff Obrecht. ARR, not trailing-twelve-month revenue, and the oldest figure in this set.

Description

News reporting · 18 Feb 2026

"We're becoming an AI platform with a bunch of design tools. So you can think of it more like a cursor for design." Canva now also sells Affinity and a B2B business; 'for non-designers' no longer covers the whole product.

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