by Kylie Purcell
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Canva IPO: How to buy Canva shares?

Australia’s design powerhouse Canva has long been tipped for a blockbuster debut on public markets. With hundreds of millions of users and a private valuation in the tens of billions, one question looms large: when will Canva list, and how can Aussie investors get in early?

What does Canva do?

Canva is an Australian visual design software platform that lets anyone create professional graphics without needing traditional design skills. Its browser-based tools help users build social media posts, presentations, videos, marketing materials and documents using templates and built-in stock content.

Founded in 2013 by Melanie Perkins, Cliff Obrecht and Cameron Adams, Canva has since grown into a serious challenger to Adobe’s suite of creative tools. More recently, it’s added AI features including a copywriting assistant and a Canva GPT in OpenAI’s GPT Store.

What is the Canva IPO date?

There’s no confirmed date yet, but Canva is expected to go public by 2027.

Speaking to Bloomberg TV in November 2025, co-founder Cliff Obrecht said an IPO was ‘imminent’ and likely to happen ‘in the next couple of years’. He also said the firm is eyeing a Nasdaq listing, ruling out Australia’s ASX or a dual-listing option.

A point of comparison? Atlassian ($TEAM), another U.S.-listed Aussie tech firm, has a market cap of US$38B and traded at US$148 a share as of 27 November 2025. But this isn’t a direct indicator – it’s valuation, not vibes, that sets the price.

What is the expected Canva IPO share price?

Canva hasn’t filed with the U.S. Securities and Exchange Commission (SEC), so no IPO price has been set.

The company was last valued at around US$42B (~A$65B) during an employee share sale in August 2025. But without knowing how many shares it plans to issue, there’s no reliable way to calculate the IPO price.

What is Canva’s valuation?

Canva’s growth in the last decade has been nothing short of meteoric. In the last five years alone, it has climbed more than 600% based on self valuations.

Its latest valuation was around US$42B (~A$65B) as of August 2025 following an internal share sale, up from US$32 billion in 2024, though some analysts estimate it could be higher. 

Timeline of valuations

  • October 2015: Canva valued at US$165M following a $15M funding round.
  • January 2018: Valued at US$1B after a US$40M investing round.
  • June 2020: Canva announces a US$6B valuation after a $60M raise.
  • April 2021: Canva announces US$15B valuation following a US$71M investing round.
  • September 2021: Canva announced a US$40B valuation after a US$200M funding round.
  • October 2024: Canva announces US$32B valuation.
  • August 2025: Canva values itself at US$42B after an oversubscribed employee share sale.

Canva’s most recent valuation places it within the top 10 biggest listed companies in Australia by market capitalisation, and above blue chips like Qantas ($QAN), Coles ($COL) and Suncorp Group ($SUN).

The numbers also mean Canva is now Australia’s biggest and most valuable tech company, ahead of Atlassian ($TEAM) (as of late 2025).

What’s the ticker symbol for Canva?

Canva hasn’t yet filed a registration statement (Form S-1) with the Securities and Exchange Commission to go public, which means we don’t yet have a ticker symbol. 

We’ll update this article when more information becomes available. 

How to buy shares in Canva

Canva is currently unlisted. When the firm completes an IPO, you can follow the steps below to buy shares in the company.

1. Open a stock investing account

If you want to buy Canva stock, you'll need to sign up to an investing platform with access to the U.S. markets. Lucky for you, Stake has access to U.S. stock exchanges.

2. Fund your account

Complete an application with your personal and financial details. Fund your account with a bank transfer, debit card or Apple/Google Pay.

3. Search for Canva

Find the asset by searching for the name or ticker symbol. Do your own research to ensure it is the right investment product for your own circumstances.

4. Choose an order type and buy the asset

Buy on any trading day with a market, limit or stop order. Look into dollar cost averaging to spread out your risk, which smooths out buying at consistent intervals.

5. Monitor your investment

Optimise your portfolio by tracking how the security performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights that affect your shares.

Get started investing in minutesFrom self-directed stock market investing to hassle-free SMSFs and a managed fund with a consistent target, Stake has a suite of options to help you grow your long-term wealth.

Can you buy Canva pre-IPO?

It’s very unlikely. Canva appears to be planning for a Wall St listing, which means that you won’t be able to invest in the IPO before it lists on the stock exchange. Local regulations prevent access to U.S. pre-IPO shares.

Once Canva lists on the stock exchange, you’ll be able to purchase shares through an investing platform like Stake.

About Canva

Founded in 2013, Canva was launched by Melanie Perkins, Cliff Obrecht and Cameron Adams. Perkins has served as CEO since day one and is now one of the most prominent tech figures in Australia.

From humble beginnings in Perth, Canva has scaled to become one of the most valuable private tech companies globally. With enterprise momentum, hundreds of millions of users and a valuation topping US$40B, the long-awaited IPO is one of the most anticipated in Australia’s history.

Who owns Canva?

Canva is still privately held. Major shareholders include its founders, Cliff Obrecht, Melanie Perkins and Cameron Adams, and early employees and VC firms like Sequoia Capital, Blackbird Ventures, Felicis Ventures, JP Morgan, Fidelity and AirTree Ventures.

Who are Canva’s competitors?

Look at some of the largest tech companies that Canva will be competing against.

Company Name

Description

Share Price

Adobe ($ADBE)

The global leader in creative software, including Photoshop, Illustrator and Acrobat; Canva’s most direct large-cap competitor.

US$322.81

Figma ($FIG)

Collaborative browser-based design platform used for UI/UX. Canva competes on team collaboration and design workflows.

US$36.18

Microsoft ($MSFT)

Indirect competitor through PowerPoint, Designer and Copilot AI design features integrated across Office/365.

US$490.00

Google ($GOOGL)

Competes via Google Workspace (Slides, Docs) and AI-assisted design/creative tools used across education and SMBs.

US$315.81

Share price data as of 2 December 2025.

How will Canva perform going public?

How Canva performs when it eventually goes public depends on a mix of its own numbers and whatever mood the market’s in at the time. IPOs are notoriously volatile. Some stocks rocket on day one, others settle lower before finding their footing. 

Canva has plenty going for it: a huge global user base, a strong consumer brand and a product that’s become a staple worldwide.

A useful reference point is Figma’s 2025 IPO. It priced at US$33 a share and then exploded more than 250% on debut, only to give back a chunk of those gains in the days that followed. Today shares are down more than 70% since it went public. 

While we don’t know how Canva will perform in the days following its IPO, it’s a classic reminder of how wild early trading can be, and how fast sentiment can shift.

Canva could see its own version of that volatility. Whether it soars, dips or somewhere in between, the long-term story will come down to how well it grows its enterprise revenue, rolls out new AI tools and holds its ground against giants like Adobe and Microsoft.

Canva IPO details

Proposed ticker symbol

Not available at this time

Company Name

Canva Inc.

Exchange

Not available at this time (most likely Nasdaq)

Share price

Not available at this time

Shares offered

Not available at this time

We’ll update this article when more information becomes available.

🎓 Learn more: What is an initial public offering and how do they work?

Disclaimer

The information contained above does not constitute financial product advice nor a recommendation to invest in any of the securities listed. Past performance is not a reliable indicator of future performance. When you invest, your capital is at risk. You should consider your own investment objectives, financial situation and particular needs. The value of your investments can go down as well as up and you may receive back less than your original investment. As always, do your own research and consider seeking appropriate financial advice before investing.

Any advice provided by Stake is of general nature only and does not take into account your specific circumstances. Trading and volume data from the Stake investing platform is for reference purposes only, the investment choices of others may not be appropriate for your needs and is not a reliable indicator of performance.

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Portrait photo of Kylie Purcell, Senior Markets Commentator at Stake.

Kylie Purcell

Senior Markets Commentator

Kylie Purcell is an investments analyst and finance journalist with over a decade of experience covering global markets, investment products and digital assets. Her commentary has been featured in publications including the Australian Financial Review, Yahoo Finance and The Motley Fool. She has a Masters Degree in International Journalism from Cardiff University and a Certificate of Securities and Managed Investments (RG146).


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