Australia Β·
Canva runs an employee share sale at a $42B valuation, up from $32B a year earlier
The Sydney design platform let current and former staff sell up to $3M each of vested stock, a liquidity event triggered in part by its US corporate redomicile ahead of a possible 2026 IPO.
Letting current and former staff sell up to $3M each of vested stock is a generous cap by industry standards, and a sign Canva is optimizing for employee goodwill and retention ahead of a possible listing, not just minimizing the size of the liquidity event.
The sale's timing, alongside Canva's US corporate redomicile, illustrates a common pattern for APAC-founded companies eyeing a US listing: the redomicile and the liquidity event often move together, since both are usually driven by the same eventual-IPO planning process.
Source: Bloomberg β