Canva ARR hit $3B

Canva is an Australian multinational software company that provides a graphic design platform offering tools for creating various visual content, including social media graphics, presentations, and websites. The platform, launched in 2013, uses a drag-and-drop interface to simplify the design process and operates on a freemium model.

In the age of AI, they ship AI features from idea to 100M users in 90 days, get 30% more code merged with AI coding tools, and have stayed profitable for 7 years straight. It is now at $3B ARR.