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Canva vs Drata — IPO & Funding Comparison

Side-by-side IPO readiness, funding history, and valuation comparison. Data sourced by TechStackIPO.

● Data current Last verified: Oct 6, 2026

Funding Summary

MetricCanvaDrata
Total funding$770M$728M
Latest roundSeries FSeries E
Amount$200M$250M
DateSep 2021Jul 2026
Valuation$40BUndisclosed
Lead investorsT. Rowe PriceUndisclosed
Metric Canva Drata
Valuation$42B$5.1B
Total Funding$770M$728M
IPO StatusPrivatePrivate
SectorDesign & CreativeCybersecurity
StagePre-IPOSeries E
HeadquartersSydney, AustraliaSan Diego, CA
CEOMelanie PerkinsAdam Markowitz
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Canva

Canva is the world's leading design platform with 250M+ users — valued at $48B with $770M raised. Track IPO timeline, funding rounds, and readiness score.

IndustryDesign & Creative
StagePre-IPO
IPO StatusPrivate
Valuation$42B
Total Funding$770M
HeadquartersSydney, Australia

Drata

Drata is the AI-driven compliance automation platform helping companies continuously achieve and maintain SOC 2, ISO 27001, HIPAA, GDPR, and other security certifications — without months of manual work. Valued at $3.2B with $300M raised, Drata serves 10K+ companies and competes with Vanta, Secureframe, and AuditBoard in the $50B+ compliance automation market. Major defensetech IPO candidate as continuous compliance becomes a category expectation for every B2B SaaS company.

IndustryCybersecurity
StageSeries E
IPO StatusPrivate
Valuation$5.1B
Total Funding$728M
HeadquartersSan Diego, CA

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Frequently Asked Questions

What is the Canva vs Drata valuation in 2026? +

Canva is valued at $42B. Drata is valued at $5.1B. Both figures are based on the most recent funding rounds tracked by TechStackIPO.

How does Canva revenue compare to Drata? +

Canva reported 4000000000 revenue in 2025. Drata's revenue is not publicly disclosed. Revenue figures are sourced from TechStackIPO's company database and updated as new data becomes available.

Which is more likely to IPO first — Canva or Drata? +

Canva filed an S-1 in August 2026 and is actively in the IPO pipeline. Drata filed an S-1 in July 2026 and is actively in the IPO pipeline. Track both companies on TechStackIPO for S-1 filings, roadshow announcements, and IPO date updates.

How much has each company raised in total funding? +

Canva has raised $770M. Drata has raised $728M.

Are Canva and Drata in the same sector? +

Canva operates in Design & Creative, while Drata operates in Cybersecurity.

What are the key differences between Canva and Drata as investments? +

Canva is a Design & Creative company valued at $42B with $770M raised. Drata is a Cybersecurity company valued at $5.1B with $728M raised. See TechStackIPO's full side-by-side comparison for IPO readiness scores, funding timelines, and investor access options.

How can I invest in Canva or Drata before their IPO? +

Accredited investors can access pre-IPO shares in Canva and Drata through secondary market platforms, pre-IPO funds, and broker-dealer platforms that facilitate private company transactions. TechStackIPO's marketplace section tracks available access options for both companies. Pre-IPO investments carry higher risk and limited liquidity.

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