Canva's private market valuation is being tracked by Nasdaq Private Market (NPM) to determine if it reaches or exceeds specific thresholds by July 31, 2026.
The valuation is set by Nasdaq Private Market, LLC, based on secondary trading data for the Australian design software startup Canva Inc.
Canva's valuation rose from $32B in late 2024 to $42B in August 2025, driven by AI growth and strong ARR exceeding $3.3B.
Bloombergsaastr.comThe $39B threshold sits below the current established $42B mark, making a "down" resolution dependent on whether the NPM price drops significantly below recent secondary transaction levels.
Bloomberghustlefund.vcNote: The market resolves to "Yes" if the valuation reaches or exceeds the listed amount; since the Bull/bear subject is "ā$39B" (falling below $39B), the Bull Case arguments above actually support the valuation staying *above* $39B, while the Bear Case supports the valuation falling *below* $39B. The current data strongly suggests the valuation is above $39B, making the "ā$39B" outcome less likely absent a significant drop in NPM prices.
Canva's valuation previously stood at $37 billion in July 2025 before rising to $42 billion by August.
tsginvest.comCanva launched an employee stock sale at a $42 billion valuation, marking a significant leap from its $32 billion mark in October 2024.
Bloomberghustlefund.vcNasdaq Private Market estimated Canva's price per share at $1,682.07, representing a +46.70% increase from prior levels.
nasdaqprivatemarket.comAI-generated briefing. AI can make mistakes. This is not financial advice.
Canva's valuation has already surpassed $39B, reaching $42B in August 2025, with recent secondary prices implying values near $42B.
Bloomberghustlefund.vcThe company crossed $3.3B in ARR with a $42B valuation, positioning it as a top B2B IPO candidate for 2026 with sustained growth rates above 30%.
saastr.comRecent Nasdaq Private Market data shows a share price of $1,682.07 as of July 2, 2026, which aligns with valuation levels well above $39B.
nasdaqprivatemarket.comAI-generated briefing. AI can make mistakes. This is not financial advice.
Secondary market investor demand has been reported below available supply (ratio ~0.7 to 1), suggesting potential downward pressure on the NPM price despite the $42B employee sale mark.
hustlefund.vcAnalysts note that public market clearing prices for software companies could be significantly lower, with a bear case at 5ā6x ARR implying a valuation as low as $20ā24B.
theteardown.coThe $42B valuation remains below Canva's 2021 peak of $40B on a revenue base that was far smaller at that time, indicating a potential overvaluation relative to historical clearing prices.
theteardown.coAI-generated briefing. AI can make mistakes. This is not financial advice.