The art of liquidity. Canva's $1b+ secondary sale

Weekly Edition & Stock Spotlight

February 26, 2024

Hill Chart Shape

ApeVue50 Index & Sectors 1Y Performance

Most Active Names Performance

ApeVue50 Privates versus Public Benchmarks/ETFs

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Public v. Private (12mo)

The ApeVue50 tracks the performance of the 50 most active private names observed in the secondary market. It is an equal-weighted index, rebalanced on a monthly basis.

This rebalancing of constituents over time gives way for more active names to participate in what we observe as "market performance," and in a more appropriate manner than static selections and weightings criteria.

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Sectors

Productivity SaaS Design Marketing

Headquarters
Sydney, New South Wales, Australia
CEO
Melanie Perkins

Stock Spotlight - Canva

Canva, is a global design platform that simplifies graphic design for users worldwide. The platform offers design features for visual documents, photos & videos, print material, and marketing tools. Pricing options include a free version with basic features, Canva Pro for individuals and small teams, and Canva for Teams for larger teams, with custom pricing available for enterprise solutions.

With a valuation over $25 billion, Canva continues to streamline the design process, integrating AI and other technologies to enhance user experience.

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Latest News and Updates on Canva

Canva's $1 Billion Stock Sale for Stakeholders — Canva is finalizing a deal for employees and investors to sell over $1 billion worth of stock, maintaining its valuation at $26 billion. This move offers financial flexibility to shareholders without the need for additional funding, demonstrating a stable valuation for the company. Click here to read more.

Canva's Revenue and User Growth — Canva is approaching $2 billion in annual recurring revenue (ARR), with a growth rate of nearly 50%. The company's user base has expanded from 60 million to 170 million in two years. Click here to read more.

Canva's Financial Data

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Canva 1Y

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Canva 90D

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Canva 30D

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Last Round Valuation

Series A-6*

2021-09-14 -> $40B

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Implied Valuation

2024-02-19 -> $25.15B

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Change Since Last Round

-37.11%

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*Series A-6 filing valuation calculated based on estimated share count from Canva’s most recent filings.

Funding Round in USD

Quarterly Bid:Ask Volume Ratio

Monthly Bid:Ask Volume Ratio

YTD Average Volatility of AV’s Composite Price

Canva and Private Comparables in the Marketing Sector

Within the marketing sector Algolia, Apollo.io, Bytedance, Canva, Outreach, Runway, and Trax are active and those comparables were used to compute ApeVue’s marketing sector index. The latest data points referenced were computed on 2024-02-19. For every volume aggregation, AV only displays the data if there are more than 2 valid contributions within each timeframe referenced.

30D % Change Price

90D Bid:Ask Volume Ratio

ApeVue highlights bid:ask volume ratios for the past 90 days from 2023-11-22 until 2024-02-19

Volatility Composite & Underlying Contributions

Volatility of the composite price and underlying contribution are calculated as movement over previous 90 days.

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