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Canva vs Figma — IPO & Funding Comparison

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

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Data for Canva last verified: Oct 13, 2026. Figma: verified Oct 18, 2026.

Funding Summary

MetricCanvaFigma
Total funding$770M$333M
Latest roundSeries FSeries E
Amount$200M$200M
DateSep 2021Jun 2021
Valuation$40B$10B
Lead investorsT. Rowe PriceDurable Capital Partners
Metric Canva Figma
Valuation$42B$9.88B
Total Funding$770M$333M
IPO StatusPrivatePublic
SectorDesign & CreativeDesign & Creative
StagePre-IPOPublic
HeadquartersSydney, AustraliaSan Francisco, CA
CEOMelanie PerkinsDylan Field
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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

Figma

Collaborative design platform for product teams. Listed NYSE July 31 2025 (ticker: FIG) at $143/share. IPO day high $142.92. Now trading ~$19.38/share (May 2026) — down ~86% from IPO high. Market cap ~$9.88B. 52-week range: $16.60–$142.92. Q1 2026 earnings: May 14, 2026. Revenue: $1.06B (2025, +41% YoY). Net loss: $1.25B. AI design competition (Anthropic Claude Design) is a key headwind.

IndustryDesign & Creative
StagePublic
IPO StatusPublic
Valuation$9.88B
Total Funding$333M
HeadquartersSan Francisco, CA

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Frequently Asked Questions

What is the Canva vs Figma valuation in 2026? +

Canva is valued at $42B. Figma is valued at $9.88B. Both figures are based on the most recent funding rounds tracked by TechStackIPO.

How does Canva revenue compare to Figma? +

Canva reported 4000000000 revenue in 2025. Figma reported 1056000000 SaaS ARR revenue in 2025. 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 Figma? +

Canva filed an S-1 in August 2026 and is actively in the IPO pipeline. Figma filed an S-1 in September 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. Figma has raised $333M.

Are Canva and Figma in the same sector? +

Canva operates in Design & Creative, while Figma operates in Design & Creative.

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

Canva is a Design & Creative company valued at $42B with $770M raised. Figma is a Design & Creative company valued at $9.88B with $333M 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 Figma before their IPO? +

Accredited investors can access pre-IPO shares in Canva and Figma 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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