Canva Hits $3.2 Billion Valuation After $85 Million Raise For Big-Business Push

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Canva has reached a $3.2 valuation as it makes its first push into bigger-sized customers for its design software suite.

Canva

Sydney-based Canva announced on Wednesday that it raised $85 million in new funding from existing investors including Bond, General Catalyst, Bessemer Venture Partners, Blackbird and Sequoia China. After the funding round, Canva’s valuation has increased to $3.2 billion, up from its $2.5 billion valuation announced in May.

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Removing the Wall St. distortion filter that means their valuation is somewhere around $200M?

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