Side-by-side IPO readiness, funding history, and valuation comparison. Data sourced by TechStackIPO.
Scores, valuations, and signals for Canva, Ledger, and 370+ companies. 5-min read every Tuesday.
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.
| Industry | Design & Creative |
| Stage | Pre-IPO |
| IPO Status | Private |
| Valuation | $42B |
| Total Funding | $770M |
| Headquarters | Sydney, Australia |
Ledger is the cryptocurrency hardware wallet company providing self-custody solutions for Bitcoin and digital assets — the industry standard for secure crypto storage with 6M+ devices sold globally. Valued at $1.7B with $500M raised, Ledger holds 20%+ of the hardware wallet market and has expanded into the Ledger Live software platform. Major crypto IPO candidate as self-custody becomes mainstream as retail and institutional crypto adoption grows.
| Stage | Series D+ |
| IPO Status | Pre-IPO |
| Valuation | $2.1B |
| Total Funding | $618M |
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Canva is valued at $42B. Ledger is valued at $2.1B. Both figures are based on the most recent funding rounds tracked by TechStackIPO.
Canva reported 4000000000 revenue in 2025. Ledger's revenue is not publicly disclosed. Revenue figures are sourced from TechStackIPO's company database and updated as new data becomes available.
Canva filed an S-1 in November 2025 and is actively in the IPO pipeline. Ledger is currently pre-IPO. Track both companies on TechStackIPO for S-1 filings, roadshow announcements, and IPO date updates.
Canva has raised $770M. Ledger has raised $618M.
Canva operates in Design & Creative, while Ledger operates in an undisclosed sector.
Canva is a Design & Creative company valued at $42B with $770M raised. Ledger is a private tech company valued at $2.1B with $618M raised. See TechStackIPO's full side-by-side comparison for IPO readiness scores, funding timelines, and investor access options.
Accredited investors can access pre-IPO shares in Canva and Ledger 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.