A few months on from raising a US$40 million ($51 million) round that saw its valuation push past the $1 billion mark, online design startup Canva is on the acquisition trail!
Canva’s CEO Melanie Perkins is using its financial clout to acquire great teams - and technology along the way.
This bodes well for Australia’s start up industry - in need for innovative growth tech companies.
One such team is Zeetings
Founded by Robert Kawalsky, Tony Surtees, Neill Miller, and Adam Schuck - with $2m of capital raised - and 1million people having used the technology in 50 countries since 2015. Zeetings allows users to add interactive elements such as polls and group chats to presentations, which participants can engage with through their own device.
(Ivan’s comment ...Their biggest asset is the amazing team of humans .... Robert, Tony, Neill and Adam are awesome !!!)
Canva has been doubling its headcount each year since launching. This year it intends to go from 280 people to more than 400..
Canva focuses on building small teams who work together to solve problems, set smart goal and achieve them! These teams are capable of making their own decisions.
“It's been incredibly important to find the right people, people that think like a founder and are passionate to solve problems and are capable of making their own decisions." Says Melanie
This is a model for the future, and will bear well for a great growth path for Canva !