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Canva vs Vulcan Elements — 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Some data on this page may be outdated.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. Vulcan Elements: verified Oct 8, 2026.

Funding Summary

MetricCanvaVulcan Elements
Total funding$770M$2.685B
Latest roundSeries FSeries L
Amount$200M$650M
DateSep 2021Aug 2026
Valuation$40BUndisclosed
Lead investorsT. Rowe PriceUndisclosed
Metric Canva Vulcan Elements
Valuation$42B$14.5B
Total Funding$770M$2.685B
IPO StatusPrivatePrivate
SectorDesign & CreativeAdvanced Materials / Defense
StagePre-IPOSeries L
HeadquartersSydney, AustraliaDurham, NC
CEOMelanie PerkinsJohn Maslin
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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

Vulcan Elements

U.S. rare earth magnet manufacturer building a China-independent NdFeB supply chain for defense, EVs, AI data centers, and robotics.

IndustryAdvanced Materials / Defense
StageSeries L
IPO StatusPrivate
Valuation$14.5B
Total Funding$2.685B
HeadquartersDurham, NC

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Frequently Asked Questions

What is the Canva vs Vulcan Elements valuation in 2026? +

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

How does Canva revenue compare to Vulcan Elements? +

Canva reported 4000000000 revenue in 2025. Vulcan Elements'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 Vulcan Elements? +

Canva filed an S-1 in August 2026 and is actively in the IPO pipeline. Vulcan Elements filed an S-1 in June 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. Vulcan Elements has raised $2.685B.

Are Canva and Vulcan Elements in the same sector? +

Canva operates in Design & Creative, while Vulcan Elements operates in Advanced Materials / Defense.

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

Canva is a Design & Creative company valued at $42B with $770M raised. Vulcan Elements is a Advanced Materials / Defense company valued at $14.5B with $2.685B 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 Vulcan Elements before their IPO? +

Accredited investors can access pre-IPO shares in Canva and Vulcan Elements 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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