Melanie Perkins has become one of the wealthiest women in Australia this week, after her graphic design company Canva, which she co-founded with Cliff Obrecht and Cameron Adams, raised US$60 million in new funding.
This latest round of funding makes Canva the largest privately-owned company in Australia. The Sydney-based company, with more than a thousand employees operating across multiple countries across the world, operates on a “freemium” model that allows its users to access its software for free to design products including posters, websites and business cards.
Source: Melanie Perkins’ company Canva is now worth $8.6 billion