SaaS Category: Canva

I love Canva, been using it for years, and so it is cool to know it is SaaS now, and a bit more about how it works, but they allow me to present more polished branded cohesive content for my business.

Canva, the Australian provider of graphic design software as a service, has become the world’s latest unicorn with a new investment led by Sequoia China. In all, some 10 million people from 190 countries are using Canva’s tools in 100 different languages to create and distribute designs, according to the company.

They were evaluated at 1BILLION in 2018, and flushed 40million in financing into a redesign to capture more subscribers which is their way of making money.  They also have a library of images, that people pay money to use in their designs.