Substack was initially released in August 2023 as a graphic design platform.
Within its first year since release, Canva hit a milestone of 600 thousand users.
Now, over 220 million users create designs in Canva and the company hit $3 billion in annualized revenue.
Canva Statistics (Top Picks)
Canva has 220 million active users worldwide.
Canva has 21 million paying users.
Substack hit $3 billion in annualized revenue.
Around 5000 employees work at Canva.
Canva Monthly Active Users
According to the company update shared in December 2024, Canva has over 220 million monthly active users. That’s up from 200 million active users in October 2024.
Canva grew its monthly active user base by 2.93x since December 2021.
Here’s a table with Canva’s monthly active user growth since January 2014:
Date
Canva Monthly Active Users
January 2014
150 thousand
July 2014
600 thousand
2015
1.5 million
2016
3.6 million
2019
24 million
October 2020
40 million
September 2021
60 million
December 2021
75 million
October 2022
100 million
2023
135 million
January 2024
170 million
October 2024
200 million
December 2024
220 million
Source: Canva
Canva Paying Users
According to Canva co-founder and CEO, Canva has 21 million paid users as of September 2024, up from 16 million paying users reported in September 2023.
To put in perspective, the total number of Canva users hit 190 million in September 2024. Paying subscribers account for 11.05% of all active users on the platform.
Source: Capital Brief
Canva Revenue
According to the latest report, Canva reached $3 billion in annualized revenue. That’s up from $2.4 billion as of July 2024.
Here’s a detailed breakdown of Canva revenue over time:
Date
Canva Revenue
2020
$500 million
2021
$1 billion
2023
$2 billion
July 2024
$2.4 billion
2025
$3 billion
Sources: Fast Company, Capital Brief, Bloomberg, TechCrunch, Business Insider
Canva Funding
Canva has raised a total of $562.6 million in disclosed funding, including its latest $200 million Series F funding in 2021.
Here’s a table with details of Canva funding rounds since 2014:
Date, Funding Round
Funding Amount
2014, Seed
$6.6 million
2015, Series A
$15 million
2016, Series B
$15 million
2018, Series C
$40 million
2019, Series D
$70 million
2019, Series D
$85 million
2020, Series D
$60 million
2021, Series E
$71 million
2021, Series F
$200 million
Sources: Canva, Tracxn, TechCrunch
Canva Valuation
Canva’s most recent valuation stands at $26 billion, down from a $40 billion valuation following a funding round in 2021.
Number of Designs Created in Canva
According to the latest company data, users create an average of 38.5 million designs on Canva per day. The total number of designs created using Canva hit 30 billion in December 2024.
Here’s a detailed breakdown of the number of designs created with Canva over time:
Date
Number of Designs Created in Canva
February 2023
15 billion
December 2023
20 billion
December 2024
30 billion
Source: Canva
Canva Employees
According to recent data, the Canva team has around 5000 employees as of 2024, an increase from 4000 in 2023.
Company headcount grew from 1000 in 2020 to 5000 in 2024.
Here’s a table with the number of employees at Canva over time since 2015:
Year
Canva Employees
2015
50
2016
100
2019
500
2020
1000
2023
4000
2024
5000
Sources: Canva, The Sydney Morning Herald
The post Canva User and Revenue Statistics appeared first on Backlinko.