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Canva vs Island — IPO & Funding Comparison

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

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Some data on this page may be outdated. We're verifying.
Data for Canva last verified: Oct 6, 2026. Data for Island last verified: Oct 6, 2026.

Funding Summary

MetricCanvaIsland
Total funding$770M$485M
Latest roundSeries FSeries D
Amount$200M$115M
DateSep 2021Oct 2026
Valuation$40BUndisclosed
Lead investorsT. Rowe PriceUndisclosed
Metric Canva Island
Valuation$42B$1.3B
Total Funding$770M$485M
IPO StatusPrivatePrivate
SectorDesign & CreativeCybersecurity
StagePre-IPOSeries D
HeadquartersSydney, AustraliaDallas, TX
CEOMelanie PerkinsMike Fey
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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

Island

Island is the enterprise browser providing secure, managed access to all business applications with built-in data loss prevention, zero trust enforcement, and granular access controls. Valued at $1.3B with $200M raised, Island serves Fortune 500 companies and competes with Zscaler, Palo Alto Networks, and Menlo Security in the $50B+ secure access service edge (SASE) market. Major defensetech IPO candidate as enterprises replace traditional VPNs with enterprise browsers for secure remote access.

IndustryCybersecurity
StageSeries D
IPO StatusPrivate
Valuation$1.3B
Total Funding$485M
HeadquartersDallas, TX

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Frequently Asked Questions

What is the Canva vs Island valuation in 2026? +

Canva is valued at $42B. Island is valued at $1.3B. Both figures are based on the most recent funding rounds tracked by TechStackIPO.

How does Canva revenue compare to Island? +

Canva reported 4000000000 revenue in 2025. Island'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 Island? +

Canva filed an S-1 in August 2026 and is actively in the IPO pipeline. Island is currently private. 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. Island has raised $485M.

Are Canva and Island in the same sector? +

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

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

Canva is a Design & Creative company valued at $42B with $770M raised. Island is a Cybersecurity company valued at $1.3B with $485M 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 Island before their IPO? +

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