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Canva Launches Employee Share Sale at $42 Billion Valuation

Investor demand for the tender was described as significantly oversubscribed.

Overview

  • Eligible current and former staff can sell up to $3 million of vested equity at $1,646.14 per share, providing early liquidity that some reports say will mint new millionaires.
  • Fidelity led the investor-led offer, with participation from J.P. Morgan Asset Management and affiliated funds U.S. Equity Group and Growth Equity Partners.
  • Canva reported $3.3 billion in annualized revenue, 240 million monthly active users, and 27 million paying users.
  • Industry experts quoted by Fortune view the tender as a common pre-IPO step and suggest a potential public listing in 2026.
  • Founders Melanie Perkins and Cliff Obrecht have pledged to transfer more than 80% of their stake to the Canva Foundation for charitable causes.