Online graphic design startup Canva is now worth $1 billion

Canva is Australia’s first unicorn of 2018, after raising $40 million (AUD$50.9 million) to push the design startup’s value over $1 billion.

Now available in 190 countries, with over 10 million users, the online design and publishing platform was launched in 2012 by CEO and co-founder Melanie Perkins — now the youngest female entrepreneur to have reached unicorn status. 

“It’s still extremely early days for us yet, and we feel like we’ve done one percent of what we believe is possible but it’s quite exciting to get to this point in time, and it’s been a huge journey,” Perkins told Mashable. Read more…

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