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Ridge-i vs Canva

Side-by-side on valuation, funding, investors, founders & more

Comparison updated: April 2026

Canva is valued at $42B — more than 3x Ridge-i's N/A.

Head-to-Head Verdict

Canva leads on 4 of 4 metrics

Ridge-i

0 wins

-Funding
-Awaira Score
-Team Size
-Experience

Canva

4 wins

+Funding
+Awaira Score
+Team Size
+Experience

Key Numbers

Valuation
N/A
$42B
Total Funding
$30M
$589M
Awaira Score
50/100
95/100
Employees
100-500
7500
Founded
2015
2013
Stage
Series C
Private
Ridge-iCanva
Ridge-i logo
Ridge-i

🇯🇵 Japan · Shinya Sasaki

Series CEnterprise AIEst. 2015

Valuation

N/A

Total Funding

$30M

Awaira Score50/100

100-500 employees

Full Ridge-i Profile →
Winner
Canva logo
Canva

🇦🇺 Australia · Melanie Perkins

PrivateEnterprise AIEst. 2013

Valuation

$42B

Total Funding

$589M

Awaira Score95/100

7500 employees

Full Canva Profile →
Market Context

As Enterprise AI players, Ridge-i and Canva target overlapping customers despite operating from different countries. The stage gap — Ridge-i at Series C vs Canva at Private — shapes how each company allocates capital and talent.

🔬

Analyst Summary

Built from real data · Updated April 2026

Companies

Enterprise AI remains a contested market, with Ridge-i and Canva among its most prominent entrants. Ridge-i applies AI to social infrastructure inspection, public safety, and industrial monitoring, developing computer vision and AI analysis systems for inspecting power transmission lines, bridges, railways, and other critical infrastructure using drone imagery and sensor data. Canva is an Australian graphic design platform founded in 2013 that enables users to create visual content without design experience.

Funding & Valuation

Canva carries a disclosed valuation of $42B, while Ridge-i remains privately valued. With $589M raised, Canva has attracted substantially more capital than Ridge-i ($30M).

Growth Stage

The founding gap is narrow: Canva in 2013 versus Ridge-i in 2015. Growth stages differ: Ridge-i (Series C) versus Canva (Private), a distinction that matters for both deal structure and competitive positioning. Headcount tells a story too: Ridge-i has 100-500 employees and Canva has 7500.

Geography & Outlook

Geography separates them: Ridge-i in 🇯🇵 Japan and Canva in 🇦🇺 Australia, each benefiting from local ecosystems. Canva scores 95 on Awaira's composite index versus Ridge-i's 50, a wide margin reflecting substantially stronger fundamentals. Ridge-i, led by Shinya Sasaki, and Canva, led by Melanie Perkins, each bring distinct leadership visions to the AI sector.

Funding Velocity

Ridge-i

Total Rounds4
Avg. Round Size$7.5M
Funding Span4 yrs

Canva

Total Rounds7
Avg. Round Size$78.8M
Funding Span8.9 yrs

Funding History

Ridge-i has completed 4 funding rounds, while Canva has gone through 7. Ridge-i's most recent round was a Series C of $16.5M, compared to Canva's Series F ($200M). Ridge-i is at Series C while Canva is at Private — different points in their growth trajectory.

Team & Scale

Canva has the bigger team at roughly 7500 people — 75x the size of Ridge-i's 100-500. They're close in age — Ridge-i started in 2015 and Canva in 2013. Geographically, they're in different markets — Ridge-i operates out of Japan and Canva from Australia.

Metrics Comparison

MetricRidge-iCanva
💰Valuation
N/A
$42B
📈Total Funding
$30M
$589MWINS
📅Founded
2015WINS
2013
🚀Stage
Series C
Private
👥Employees
100-500
7500
🌍Country
Japan
Australia
🏷️Category
Enterprise AI
Enterprise AI
Awaira Score
50
95WINS

Key Differences

📈

Funding gap: Canva has raised $559M more ($589M vs $30M)

📅

Market experience: Canva has 2 years more (founded 2013 vs 2015)

🚀

Growth stage: Ridge-i is at Series C vs Canva at Private

👥

Team size: Ridge-i has 100-500 employees vs Canva's 7500

🌍

Market base: 🇯🇵 Ridge-i (Japan) vs 🇦🇺 Canva (Australia)

⚔️

Direct competitors: Both operate in the Enterprise AI market segment

Awaira Score: Canva scores 95/100 vs Ridge-i's 50/100

Which Should You Choose?

Use these signals to make the right call

Ridge-i logo

Choose Ridge-i if…

  • Japan-based for regional compliance or proximity
  • Ridge-i applies AI to social infrastructure inspection, public safety, and industrial monitoring, developing computer vision and AI analysis systems for inspecting power transmission lines, bridges, railways, and other critical infrastructure using drone imagery and sensor data
Canva logo

Choose Canva if…

Top Pick
  • Higher Awaira Score — 95/100 vs 50/100
  • More established by valuation ($42B)
  • Stronger investor backing — raised $589M
  • More market experience — founded in 2013
  • Australia-based for regional compliance or proximity
  • Canva is an Australian graphic design platform founded in 2013 that enables users to create visual content without design experience

Funding History

Ridge-i raised $30M across 4 rounds. Canva raised $589M across 7 rounds.

Ridge-i

Series C

Jun 2019

$16.5M

Series B

Feb 2018

$8.4M

Series A

Oct 2016

$3.6M

Seed

Jun 2015

$1.5M

Canva

Series F

Dec 2021

Lead: Fidelity Management & Research Company

$200M

Series E

Apr 2021

Lead: T. Rowe Price

$200M

Series D

Jan 2019

Lead: Dragoneer Growth Investors

$70M

Series C

Jan 2017

Lead: Benchmark

$60M

Series B

Jan 2015

Lead: Sequoia Capital

$15M

Series A

Jan 2014

Lead: Bessemer Venture Partners

$3.6M

Seed

Jan 2013

$3M

Investor Comparison

No shared investors detected between these two companies.

Unique to Canva

Fidelity Management & Research CompanyBlackbird VenturesT. Rowe PriceAccelDragoneer Growth InvestorsSequoia Capital

Users Also Compare

FAQ — Ridge-i vs Canva

Is Ridge-i bigger than Canva?
Canva has a disclosed valuation of $42B, while Ridge-i's valuation is not publicly available, making a direct size comparison difficult. Canva employs 7500 people.
Which company raised more funding — Ridge-i or Canva?
Canva has raised more in total funding at $589M, compared to Ridge-i's $30M — a gap of $559M. Combined, the two companies have completed 11 known funding rounds.
Which company has a higher Awaira Score?
Canva leads with an Awaira Score of 95/100, while Ridge-i sits at 50/100. That 45-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.
Who founded Ridge-i vs Canva?
Ridge-i was founded by Shinya Sasaki in 2015. Canva was founded by Melanie Perkins in 2013. Visit each company's profile on Awaira for a full founder biography.
What does Ridge-i do vs Canva?
Ridge-i: Ridge-i applies AI to social infrastructure inspection, public safety, and industrial monitoring, developing computer vision and AI analysis systems for inspecting power transmission lines, bridges, railways, and other critical infrastructure using drone imagery and sensor data. The Tokyo company provides AI-powered inspection services and software to utilities, government agencies, and infrastructure operators that need to maintain aging physical assets at lower cost and higher inspection frequency than manual inspection allows.\n\nThe company raised approximately $30 million in venture funding from Japanese investors including SBI Investment and Mitsui and Co. Venture Partners. Ridge-i has deployed AI inspection systems across Japan electricity transmission network, bridges under national highway authority management, and railway infrastructure, contributing to the broader Japanese government digital transformation initiative for aging infrastructure management. The company combines AI software development with technical domain expertise in infrastructure engineering.\n\nRidge-i competes in the Japanese infrastructure AI market alongside GeoCV, Bentley Systems, and the infrastructure inspection divisions of major Japanese engineering consultancies including Nippon Koei and Pasco. Japan aging infrastructure portfolio and the demographic reality of declining civil engineering workforce availability creates a structural demand for AI-assisted inspection that can extend the effective capacity of existing inspection personnel. Government contracts for infrastructure inspection AI represent a growing budget category as Japanese national and prefectural governments pursue digital transformation of maintenance operations. 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.
Which company was founded first?
Canva got there first, launching in 2013 — that's 2 years of extra runway. Ridge-i didn't arrive until 2015. In AI, that kind of head start means more training data, deeper customer relationships, and a bigger talent moat.
Which company has more employees?
Ridge-i has about 100-500 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.
Are Ridge-i and Canva competitors?
Yes — they're direct rivals. Both Ridge-i and Canva compete in Enterprise AI, targeting many of the same buyers. If you're evaluating one, you should be looking at the other.

Bottom Line

Canva has a clear lead here — Awaira Score of 95 vs Ridge-i's 50. The difference comes down to funding depth and team scale.

Who Should You Watch?

Canva is in the stronger position — better score and deeper pockets. But Ridge-i has room to surprise, especially if they land a marquee investor. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.

Deep Dive