Startup · $459m raised
Online design and visual communication platform
Sydney, NSW
Existing Canva shares sold by the funds and people who held them. None of this money reached Canva, and none of it counts in what Canva raised.
| Sold by | Announced | Amount | Valuation | Bought by | Sources |
|---|---|---|---|---|---|
| Aug 2025 | - | $42b | FidelityJPMorgan Chase & Co.Fidelity Management & Research CompanyJPMorgan Asset ManagementFidelity Management and Research Co.U.S. Equity GroupGrowth Equity PartnersJP Morgan Chase | techtimes.com, Crunchbase News (6 Jan 2026), Crunchbase News (3 Nov 2025), Fortune Term Sheet, scroll.media, Forbes Australia, Capital Brief, pe-insights.com | |
| 31 Oct 2024 | - | $32b | Fortune Term Sheet, SmartCompany | ||
| Blackbird Ventures | 2 May 2024 | $2.3b | $25b | Quadrant | Forbes Australia, quadrantpe.com.au, Women's Agenda |
| Blackbird Ventures | 10 Aug 2023 | $150m | $38.8b | SmartCompany (14 Feb 2024), SmartCompany (5 Dec 2023), SmartCompany (28 Aug 2023), SmartCompany (15 Aug 2023) |
Every investor coverage indicates participated in a round Canva raised.
| Investor | Rounds | Invested |
|---|---|---|
| T. Rowe Price | Unnamed stage | - |
| JPMorgan Asset Management | undisclosed | - |
| Franklin Templeton | Unnamed stage | - |
| Fidelity Management | undisclosed | - |
| Blackbird Ventures | Unnamed stage · undisclosed | $250,000 |
| AirTree Ventures | Series A | - |
Investors whose own portfolio pages list Canva, even though we haven't found any coverage of the round yet.
Every published round Canva took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Sharon AI | Venture debt | Dec 2025 | US$103m (A$157m) | Participant | Dealroom, Forbes Australia | |
| Calven | Seed | 7 Mar 2022 | $6.8m | Participant | Startup Daily (7 Mar 2022), SmartCompany, Startup Daily (28 Feb 2022) |
Companies Canva has backed in a published round, and companies whose existing shares it bought off another holder.
Fund closes reported for Canva, as distinct from the investments it has made.
Companies Canva has backed that another company then bought. An exit for the holding, not a deal Canva did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of Canva is recorded as having been acquired. | ||||
Companies Canva acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Canva. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
ASIC filings show Buildkite raised $21m via convertible debt in January 2026 after heavy losses and a CEO change; its earlier backers include OneVentures, AirTree, General Catalyst and Dom Pym.
Also Capital Brief
Deep-tech investor Main Sequence is seeking $400 million for a fourth fund, with $75 million already committed by the federal government, after two portfolio companies reached unicorn status this year.
Canva is pushing productivity tools like Docs and Sheets to win enterprise subscribers from Microsoft and Google, while slowing its AI rollout to control costs and trimming its revenue growth forecast.
Investors approved extending Airtree's 2014 debut fund to mid-2028 so the firm can keep its Canva holding; the piece also recalls Canva's Series A and Airtree's later fund totals.
Airtree's investors approved prolonging its debut fund to July 2028, safeguarding foundation stakes such as Canva and defusing a limited-partner revolt over the firm's withheld distributions.
LaunchVic selected nine Victorian start-ups, including Preezie, for a mentoring bootcamp with executives from Atlassian, Uber, Dropbox, Seek and Canva.
Skalata Ventures uses its recent accolade as Australia's busiest early-stage investor to pitch founders on its hands-on, seed-specialist approach, arguing most VCs overpromise support and underdeliver.
Weekly roundup: Blackbird confirms a record fund close and Galileo reaches a first close, Genesis merges with Proudi, IREN secures massive debt, and several startups report raises, grants and program wins.
Airtree is in a dispute with longtime backers over poor proceeds from its Canva stake and could not rally enough support to prolong its debut fund.
Blackbird is weighing an early sale of its Canva stake through continuation funds, while Airtree's longtime backers are pushing it to return profits; no deal has been done.
Blackbird has locked in a second billion-dollar fund — its sixth, slightly bigger than the last — bringing in new institutional backers, and the article recalls portfolio wins, writedowns and failures.
Filings show Canva backed Sharon AI's US$103 million December 2025 raise with Regal, Ellerston, Digital Alpha and others; the Sydney compute provider has since floated on Nasdaq and raised US$2.15 billion more.
Also Dealroom
Blackbird announces its new early-stage and growth funds have brought in A$1.05 billion, reflecting on early cheques, portfolio outcomes like Eucalyptus's sale, and new international backers.
Also Dealroom·Dealroom·AFR Technology·Startup Daily·Business News Australia·Forbes Australia·Forbes Australia
Weekly roundup: Constantinople raises $62.5m; Blackbird wraps fund six above $1b; Guardhouse buys Mobohubb; SCX.ai debuts on the ASX; plus seed rounds, exits and executive changes across the ecosystem.
An AFR managed-funds topic page: a star small-caps deputy goes solo with a new Sydney firm, Gigacomm buys rival DGtek, Google plans a multibillion-dollar domestic bond, plus fund manager and market stories.
Capital Brief's roundup: superannuation policy plans, a NSW data centre planning dispute, KPMG resisting a break-up, Stripe and Canva leaders on AI, Stripe's local Treasury push, and Culture Amp's data policy change.
At a Sydney event, Canva's co-founder explained how soaring compute bills forced a delay to its AI relaunch, and how homegrown models cut serving costs; he also recalls early government backing.
Canva co-founder Cliff Obrecht says its AI engineers now work side by side in a shed at the Surry Hills campus, tackling problems behind delayed AI products, speaking alongside Stripe's John Collison.
Street Talk roundup: Tasman Capital's new fund reaches first close, EQT buys control of an NRL club, KKR eyes a Drifter exit, PAG dealmakers jump to Jardine Matheson, Colter Bay lands a debut loan.
Blackbird and Airtree mark Canva's worth down sharply, the employee share price falls too, and commentators question whether a 2027 sharemarket float remains realistic amid sliding confidence in AI-era software.
Blackbird Ventures and Airtree reduced Canva's valuation by ten billion dollars as the design platform faces challenges integrating artificial intelligence tools.
Blackbird and Airtree have marked down their Canva holdings by a combined figure above $10 billion, exceeded by Canva's own internal write-down, after the company lowered its growth outlook on rising AI costs.
Robot data analysis startup Alloy Robotics has raised $11.5 million in a seed round led by Square Peg, with Blackbird and Airtree participating, less than a year after a $4.5 million pre-seed.
Also SmartCompany
Weekly roundup: Firmus completes its $2.85b round; Procore acquires DroneDeploy; Atlassian rebounds while Canva cuts guidance; plus fresh raises for Zabidou, BioScout, Vexev, Enrola, Spacetalk and others.
Canva's quarterly investor update shows revenue up 25 per cent year on year yet short of guidance, which the company blames on the cost of developing products with cutting-edge AI models and delayed launches.
Weekly roundup: $16.3 million across four early local rounds, Maincode launches the Matilda Code coding agent, Aussie Angels becomes Ventari, and Startmate names seventeen startups to its W26 intake.
Perth solar-glass maker ClearVue has signed a $600,000 subcontract to fit Canva's new Sydney headquarters, converting May's preliminary agreement, shortly after a $6.25 million capital raise.
Startmate unveils its incoming Winter '26 accelerator intake, profiling AI, aerospace, legal tech, construction and healthcare startups founded across Australian cities, with others based in San Francisco and Christchurch.
Square Peg's half-year investor letter reports two funds reaching final close, three exits including Talon.One's sale to Adyen, realisations past US$1bn, and a framework for judging AI disruption across its portfolio.
Square Peg reports 30% portfolio growth, US$1bn+ cumulative realisations, US$138m returned this half, closes two new funds, and outlines an AI disruption framework.
Roundup newsletter tallies seven funding rounds worth $606.5m for the week, plus Heidi's record-scale NHS clinician contract, Canva's Code 2.0 release, and a newly announced Office of AI.
Hyper reflects on how founders find purpose through ikigai, using portfolio company GymGoer's founding story and Canva's origins as examples.
Interview with Minh Cung about Hyperlocalise, which builds AI agents that adapt marketing and product content for new language markets while keeping cultural context intact; a Launch Club alumnus seeking a co-founder and capital.
Weekly bulletin: four rounds totalling $545.4 million, Codan's completed acquisition, General Catalyst arguing Canva can stay private, grant statistics for women founders, and capital gains tax reform discussion.
Roundup: three startups raised $5.71m combined; Canva's local revenue passed $4.1b with profit and IPO plans; Sweden's Legora bought Melbourne regulatory-tech firm Graceview; Fishburners went into administration.
Canva's long-serving technology chief is leaving mid-year, his deputy taking a restructured technology leadership role, as the design platform expands its AI features and works toward a planned 2027 public listing.
Side Stage Ventures has reached a $40 million initial close on its $50 million second fund, backed by founders of earlier wins, while principal Elli Hanson steps up to partner.
Financial-advice AI startup Marloo has closed a US$10 million seed round led by returning backer Blackbird Ventures, lifting its total funding beyond A$18 million.
Also Blackbird Ventures portfolio·marloo.com·marloo.com·Fintech News Australia·Business News Australia·Startup Daily·SmartCompany·Startup Daily·SmartCompany
Interview with Canva co-founder Melanie Perkins on the release of Canva AI 2.0, its agentic and memory features, and Anthropic's Claude Design launch, which builds on the two companies' partnership.