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Canva vs Redwood Materials — 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Some data on this page may be outdated.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: Aug 19, 2026. Data for Redwood Materials last verified: Aug 17, 2026.
Metric Canva Redwood Materials
Valuation$42B$14.5B
Total Funding$770M$2.35B
IPO StatusPrivatePre-IPO
SectorDesign & CreativeClimate Tech
StagePre-IPOSeries F
HeadquartersSydney, AustraliaCarson City, NV
CEOMelanie PerkinsJB Straubel
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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

Redwood Materials

EV battery recycling company recovering lithium, cobalt, and nickel to build closed-loop battery supply chains.

IndustryClimate Tech
StageSeries F
IPO StatusPre-IPO
Valuation$14.5B
Total Funding$2.35B
HeadquartersCarson City, NV

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Frequently Asked Questions

What is the Canva vs Redwood Materials valuation in 2026? +

Canva is valued at $42B. Redwood Materials is valued at $14.5B. Both figures are based on the most recent funding rounds tracked by TechStackIPO.

How does Canva revenue compare to Redwood Materials? +

Canva reported 4000000000 revenue in 2025. Redwood Materials'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 Redwood Materials? +

Canva filed an S-1 in November 2025 and is actively in the IPO pipeline. Redwood Materials 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. Redwood Materials has raised $2.35B.

Are Canva and Redwood Materials in the same sector? +

Canva operates in Design & Creative, while Redwood Materials operates in Climate Tech.

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

Canva is a Design & Creative company valued at $42B with $770M raised. Redwood Materials is a Climate Tech company valued at $14.5B with $2.35B 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 Redwood Materials before their IPO? +

Accredited investors can access pre-IPO shares in Canva and Redwood Materials 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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