Canva

Canva is a leading subscription-based SaaS platform that empowers users to create stunning visual content with ease. Founded in 2013, the company has transformed from a simple graphic design tool into a comprehensive visual communication suite, offering features for presentations, videos, documents, and more. With over 230 million monthly active users, Canva has become a go-to resource for individuals and businesses alike, providing an extensive library of over 500,000 templates and intuitive drag-and-drop functionality.

In March 2025, Canva achieved an impressive $3 billion in annual recurring revenue, reflecting a remarkable growth trajectory that outpaces competitors like Figma and Adobe. The company’s innovative use of AI tools, such as Magic Write and Dream Lab, has further enhanced its offerings, allowing users to generate custom designs and content effortlessly. This strategic focus on AI has led to 800 million monthly uses of these features, solidifying Canva's position as a pioneer in the design space.

What sets Canva apart is its commitment to accessibility and user-friendliness, making professional-quality design achievable for everyone, from small businesses to large enterprises. As Canva continues to expand its product suite and geographical reach, it aims to capture a larger share of the productivity market, with a vision to reach 1 billion users globally. This ambitious goal underscores Canva's dedication to revolutionizing how individuals and organizations communicate visually.