The paper billionaire status of Canva co-founders and engaged couple Melanie Perkins and Cliff Obrecht appears to have been cemented by a seventh venture capital raising for the graphic design platform.
The $125 million injection into the software-as-a-service provider announced on Thursday values Canva at $4.7 billion, it said, up from the $3.6 billion valuation it claimed following a $70 million raising in May.
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Michael Bailey writes on arts and culture, and edits Weekend Fin. He is a former editor of the Financial Review Rich List. He is based in Sydney. Connect with Michael on Twitter. Email Michael at m.bailey@nine.com.au
