This pitch deck helped Australian tech unicorn Canva on its journey to a massive $6 billion valuation

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    This pitch deck assisted Australian tech unicorn Canva on its journey to a massive $6 billion appraisal

    Melanie Perkins CEO and CoFounder at Canva (1)

    Canva CEO and cofounder Melanie Perkins.

    Courtesy Canva.


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    • The Australian style unicorn Canva just recently raised $60 million in fundraising– doubling its assessment to an enormous $6 billion.
    • The Sydney-based start-up– called the style platform for nondesigners– boasts more than 30 million users in businesses and schools around the globe.
    • Canva has dealt with hesitation from some financiers who desire to see the revenue margins to accompany its ballooning valuation.
    • We got an exclusive take a look at the very first pitch deck Canva utilized on the roadway to becoming a tech unicorn.
    • Go to Service Insider’s homepage for more stories

    Canva, the Australian tech unicorn, just recently raised $60 million in a fundraising round backed by Sequoia Capital, Bond, and General Catalyst– and doubled its evaluation in the process.

    The Sydney-based start-up, called the “design platform for nondesigners,” had previously been valued at $3.2 billion, however after its most current fundraising round, that jumped to a massive $6 billion.

    The new appraisal comes as the variety of Canva users continues to grow worldwide. More than 30 million people utilize the platform each month to design content, with about 80 styles made every second.

    Now, amidst the COVID-19 pandemic, the company has reported a rise in users, with the number of individuals utilizing Canva increasing more than 50% because the start of the break out in 2015.

    Still, Canva has dealt with suspicion from some observers in an era when the term “unicorn”– indicating a business worth more than $1 billion– brings in considerable buzz.

    Forager Funds’ Steve Johnson told the Australian Financial Evaluation in 2019 he chose to know a company’s profit margins, instead of its revenue, before investing in it.

    ” Canva may end up being one of the excellent ones that are undoubtedly there– it’s why there’s a bubble in tech appraisals,” he said. “However would I rather pay $3 billion for something that’s still primarily guarantees, or $30 billion for something … that is developed, profitable and owns its space? I’ll take the latter.”

    Canva’s latest financial results for its Australian arm were released in March and revealed the business made 86.3 million Australian dollars ($62 million) in income for its regional entity in 2018 on a loss of AU$ 4.1 million ($ 2.9 million).

    Inspect out the very first pitch deck Canva ever used to raise funds below:

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