[9][10] Its offerings include templates for presentations, posters, and social media content, as well as functionalities for photo and video editing.

Canva operates on a freemium model and has expanded its services over the years to include a print product platform and a video editing tool.

[19] In October of that year, Canva announced that it had raised an additional A$85 million at a valuation of A$3.2 billion and launched an enterprise product.

[33] On March 22, 2023, Canva announced its new Assistant tool, which makes recommendations on graphics and styles that match the user's existing design.

[36] The company has announced it intends to compete with Google and Microsoft in the office software category with website and whiteboard products.

[28] In May 2024, the company announced the launch of Canva Enterprise, a plan designed for large organizations, alongside new tools including Work Kits, Courses and AI capabilities.

[43] In May 2019, the company announced the acquisitions of Pixabay and Pexels, two free stock photography sites based in Germany, which enabled Canva users to access their photos for designs.

[45] In March 2024, Canva acquired UK-based Serif, the developers of the Affinity suite of graphic design software, for approximately $380 million.