Company

Cavalry

British animation software business

Investor	Rounds	Invested
No investors recorded yet. Know one?

Who bought Cavalry

The transaction that ended Cavalry's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.

Bought by	Kind	Announced	Price	Sources
Canva	Acquisition	Feb 2026	-	Startup Daily (17 Apr 2026), Startup Daily (9 Apr 2026), SmartCompany (9 Apr 2026), SmartCompany (26 Mar 2026), Startup Daily (25 Mar 2026), Startup Daily (2 Mar 2026), Startup Daily (24 Feb 2026), Skalata Ventures

What Cavalry bought

Companies Cavalry acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.

Company	Kind	Announced	Price	Sources
Cavalry is not recorded as having acquired anything.

Coverage

Stories naming Cavalry. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

2 deals

Canva's AI acquisition spree continues, with two more startups from the Stayz founders

Canva has bought AI agent platform Simtheory and marketing software Ortto from the Sharkey brothers, who also founded Stayz — its fourth and fifth purchases this year, prices undisclosed.

Startup Daily 9 Apr 2026 Ortto Simtheory Affinity Canva Cavalry Doohly Fairfax Media Leonardo AI MagicBrief Mango.AI Nine Salesforce Ventures Southern Cross Venture Partners Stayz Blackbird Ventures Chris Sharkey Cliff Obrecht

Exit / M&A

Canva paints itself as an AI work platform with Simtheory, Ortto acquisitions

Canva has bought Sydney AI startup Simtheory and marketing automation firm Ortto, its fifth and sixth acquisitions in ten months, as it repositions from design tool to AI workplace platform; no prices disclosed.

SmartCompany 9 Apr 2026 Anthropic Atlassian Canva Cavalry DeepSeek Doohly Google Leonardo.Ai MagicBrief Mango.AI OpenAI Ortto Simtheory Chris Sharkey Cliff Obrecht

Also Startup Daily·Startup Daily·This Week in Australian Startups

Exit / M&A

Canva buys UK and US animation and AI startups

Design company Canva has bought US marketing AI startup Mango.AI and UK animation platform Cavalry, its fifth acquisition in two years, adding their founders and a chief algorithms officer to its team.

Startup Daily 24 Feb 2026 Affinity Amazon Apple Canva Cavalry Fable Google Leonardo AI MagicBrief Mango.AI Meta Netflix Nike OpenAI Roblox Cliff Obrecht

Also Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily

Funding announcement

Canva splashes $30m on Melbourne advertising start-up

Design software company Canva has acquired Melbourne adtech firm Doohly for $30 million, a deal that hands windfalls to the startup's founders and shareholders Skalata Ventures and Archangel Ventures.

Skalata Ventures undated Adobe Affinity Archangel Ventures Blackbird Ventures Canva Cavalry Doohly Leonardo.Ai LiquorLand Magic Brief Mitre 10 Mobil Rebel Sport Skalata Ventures Square Peg Capital Sean Law

Also Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·TechCrunch Australia·Forbes Australia·quadrantpe.com.au·TechCrunch Australia·Tech Funding News - Australia·Forbes Australia·Forbes Australia·Forbes Australia·Forbes Australia·TechCrunch Australia·This Week in Australian Startups·techtimes.com

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