✦ AI AI Company Comparison

Canva vs Midjourney — 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Some data on this page may be outdated.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 Midjourney last verified: Oct 1, 2026.

Funding Summary

MetricCanvaMidjourney
Total funding$770M$150M
Latest roundSeries FSeries B
Amount$200M$150M
DateSep 2021Oct 2025
Valuation$40B$10B
Lead investorsT. Rowe PriceLightspeed Venture Partners
Metric Canva Midjourney
Valuation$42B$10B
Total Funding$770M$150M
IPO StatusPrivatePre-IPO
SectorDesign & CreativeGenerative AI / Creative Tools
StagePre-IPOSeries B
HeadquartersSydney, AustraliaSan Francisco, CA
CEOMelanie PerkinsDavid Holz
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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

Midjourney

Midjourney is the self-funded AI image generation platform generating $500M+ in annual revenue with a lean team of 100 employees. Valued at $10B after a $150M Series B led by Lightspeed, Midjourney commands ~27% of the global AI image market with 21M registered users. Expanded into AI video generation in 2025 — top IPO candidate as generative AI tools disrupt the $100B+ creative software market.

IndustryGenerative AI / Creative Tools
StageSeries B
IPO StatusPre-IPO
Valuation$10B
Total Funding$150M
HeadquartersSan Francisco, CA

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Frequently Asked Questions

What is the Canva vs Midjourney valuation in 2026? +

Canva is valued at $42B. Midjourney is valued at $10B. Both figures are based on the most recent funding rounds tracked by TechStackIPO.

How does Canva revenue compare to Midjourney? +

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

Canva filed an S-1 in August 2026 and is actively in the IPO pipeline. Midjourney is currently pre-IPO. 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. Midjourney has raised $150M.

Are Canva and Midjourney in the same sector? +

Canva operates in Design & Creative, while Midjourney operates in Generative AI / Creative Tools.

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

Canva is a Design & Creative company valued at $42B with $770M raised. Midjourney is a Generative AI / Creative Tools company valued at $10B with $150M 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 Midjourney before their IPO? +

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