
▲ 53 r/canva
Canva wipes $11 billion from its valuation, putting IPO plans in doubt
Canva’s valuation has fallen sharply from $42B to around $30–35B, as investors reassess the company amid slowing growth and rising AI competition. Canva has cut its expected revenue growth from 30% to 20%, raising questions about its planned 2027 IPO. Some SaaS investors argue the company could be worth as little as $12B based on current public-market multiples, although Canva remains profitable and continues to grow revenue at over 20%.
u/Aggravating-Taste699 — 1 day ago