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T.Rowe Price led a $200m funding round in Canva.

Synopsis

T.Rowe Price, an American publicly owned global investment management firm, led a $200m funding round in Canva, a graphic design platform. Additional investors include Franklin Templeton, Sequoia Capital, Bessemer, Greenoaks Capital, Dragoneer, Blackbird, Felicis, and AirTree. "Visual communication has emerged as a universal need for teams of every size across almost every industry. It has been incredible to see the continued growth of Canva across the globe over the last year. More than 60 million people are now using Canva for everything from launching startups to raising awareness for nonprofits, supporting remote learning, collaborating in distributed teams, and managing global enterprise brands at scale. We’re incredibly excited to be further accelerating our mission to truly empower the world to design," Melanie Perkins, Canva Co-Founder and CEO.

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