'Unique unicorn': Canva's private market valuation soars to $4.7 billion

Canva for Enterprise is aimed at large businesses seeking to create products in line with their branding.

Kyle Doherty, managing director of investor General Catalyst, said Canva's products were taking hold inside companies. "We’ve seen their Canva Pro subscriptions gain considerable traction and think they are well poised to push into the enterprise to address even larger organisations." "Canva stands out as an 'unique unicorn', one that has been able to continue its exceptional growth while still being profitable," he said. "Perkins and her team are proof that you can create global companies from the shores of Australia. "Since Canva's launch, 1.8 billion designs have been created on the platform and the startup has more than 20 million users each month.

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