Wednesday, 24 June 2020

Startup Funding Alert: Canva, a startup for non-designers to design, raises $60 million on a $6 billion valuation


Any SaaS startup venture, which enables non-designers to design their requirements like sales pamphlets, is an opportunity even in India. Please listen to this.

Sydney-based Canva, the design platform for non-designers, has announced the close of a $60 million funding round, bringing its valuation to $6 billion, according to the company.

Canva was founded in 2012 with the mission of democratizing design tools. While many non-designers can navigate their way around Google Slides or PowerPoint, or maybe even crop an image, going more in-depth on a design project can be daunting, as the suite of tools provided to designers can be incredibly complex.

The company’s tools are meant to simplify the design process for folks who don’t work in the design department, whether it’s the sales team putting together sales materials, marketers working on content or other departments working on internal materials to send to the broader organization. The drag-and-drop interface gives folks a way to create something beautiful and impressive without having to learn Photoshop.

Read on

Canva raises $60 million on a $6 billion valuation

Sydney-based Canva, the design platform for non-designers, has today announced the close of a $60 million funding round, bringing its valuation to $6 billion, according to the company. The startup has raised a total of more than $300 million, including this latest round of financing, from investors...

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