Modulai vs Canva

Canva has a disclosed valuation of $42B, while Modulai's valuation is not publicly available, making a direct size comparison difficult. Canva employs 7500 people.

Canva has raised more in total funding at $589M, compared to Modulai's $2M — a gap of $587M. Combined, the two companies have completed 8 known funding rounds.

Canva leads with an Awaira Score of 95/100, while Modulai sits at 30/100. That 65-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.

Modulai was founded by Carl Broms in 2018. Canva was founded by Melanie Perkins in 2013. Visit each company's profile on Awaira for a full founder biography.

Modulai: Modulai develops AI systems for game optimisation and player behaviour analysis, using reinforcement learning and player modelling techniques to help game developers create adaptive game difficulty systems, balance in-game economies, and personalise player experiences at scale. The Stockholm company targets mobile and PC game studios seeking to improve player retention and monetisation through AI systems that respond dynamically to individual player behaviour patterns.\n\nThe company is early stage with seed-level funding from Swedish technology investors and angel backers with backgrounds in the gaming industry. Modulai has worked with Nordic game studios on player lifetime value prediction and dynamic difficulty adjustment systems that modify gameplay parameters in response to real-time player performance signals.\n\nModulai operates in the game AI market alongside companies including Modl.ai, Wluper, and the internal AI teams of large game publishers including Electronic Arts, Ubisoft, and Activision Blizzard. The intersection of machine learning and game development is growing as game companies recognise that AI systems can replace hand-tuned difficulty parameters and rule-based player progression with data-driven systems that optimise for long-term engagement. Sweden strong gaming industry heritage, including companies such as Mojang, King, and DICE, provides Modulai with a natural target client base and a talent pool with combined gaming and technical expertise. Canva: Canva is an Australian graphic design platform founded in 2013 that enables users to create visual content without design experience. The company operates a web and mobile-based design tool offering templates, stock images, fonts, and design elements for creating presentations, social media graphics, documents, and marketing materials. Canva's core technology applies artificial intelligence and machine learning to power design suggestions, background removal, magic write features, and content generation capabilities. The platform serves individual creators, small businesses, and enterprises through freemium and subscription models. As of recent valuations, Canva reached $42 billion in valuation with $589 million in total funding, making it one of Australia's most valuable private technology companies. The company positions itself in the enterprise AI category, integrating AI-powered features to streamline design workflows and democratize professional-quality content creation. Canva competes against Adobe's Creative Cloud suite, Figma for collaborative design, and various specialized design tools. The platform has expanded internationally with millions of users globally and serves multiple industries including education, marketing, and business operations. Canva's growth trajectory reflects strong market demand for accessible design tools, driven by increasing content creation needs across digital channels and remote work adoption. Canva combines accessible design democratization with AI-powered features to address the enterprise content creation market at scale.

Canva got there first, launching in 2013 — that's 5 years of extra runway. Modulai didn't arrive until 2018. In AI, that kind of head start means more training data, deeper customer relationships, and a bigger talent moat.

Modulai has about 1-50 employees; Canva has about 7500. A bigger team usually means more revenue or heavier VC backing, but in AI, small teams can build at massive scale.

Yes — they're direct rivals. Both Modulai and Canva compete in Enterprise AI, targeting many of the same buyers. If you're evaluating one, you should be looking at the other.