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.