Canva Outpaces Figma And Adobe Valuation Comps
Canva reported $4 billion ARR and 35% year-over-year growth, COO Cliff Obrecht said at Web Summit Qatar, with $500 million B2B ARR growing 100%, 265 million MAUs, and 31 million paid users. Using public comps Figma and Adobe, the analysis places Canva's valuation between a $20–24 billion bear case and a $60–72 billion bull case, with a $44–48 billion base case above the $42 billion secondary.
Scoring Rationale
Uses authoritative company disclosures and market comps, limited by scenario-driven valuation assumptions and sensitivity to AI-risk repricing.
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