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VEED.IO vs Canva

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

Comparison updated: April 2026

Canva is valued at $42B — more than 3x VEED.IO's $160M.

Head-to-Head Verdict

Canva leads on 5 of 5 metrics

VEED.IO

0 wins

-Valuation
-Funding
-Awaira Score
-Team Size
-Experience

Canva

5 wins

+Valuation
+Funding
+Awaira Score
+Team Size
+Experience

Key Numbers

Valuation
$160M
$42B
Total Funding
$35M
$589M
Awaira Score
61/100
95/100
Employees
150
7500
Founded
2018
2013
Stage
Series A
Private
VEED.IOCanva
VEED.IO logo
VEED.IO

🇬🇧 United Kingdom · Sabba Keynejad

Series AEnterprise AIEst. 2018

Valuation

$160M

Total Funding

$35M

Awaira Score61/100

150 employees

Full VEED.IO 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

Both companies compete in the Enterprise AI space, though from different geographies — VEED.IO in United Kingdom and Canva in Australia. Different stages (Series A vs Private) mean these companies face fundamentally different operational priorities.

🔬

Analyst Summary

Built from real data · Updated April 2026

Companies

In the Enterprise AI market, VEED.IO and Canva represent two distinct approaches. VEED. Canva is an Australian graphic design platform founded in 2013 that enables users to create visual content without design experience.

Funding & Valuation

Canva commands a $42B valuation — roughly 262.5x that of VEED.IO at $160M, a gap that underscores their different scales. Canva has amassed $589M in total funding, far exceeding VEED.IO's $35M.

Growth Stage

With a 5-year head start, Canva (founded 2013) has had considerably more time to mature than VEED.IO (2018). VEED.IO is at Series A while Canva stands at Private, indicating different levels of maturity and investor risk. Headcount tells a story too: VEED.IO has 150 employees and Canva has 7500.

Geography & Outlook

VEED.IO operates out of 🇬🇧 United Kingdom while Canva is based in 🇦🇺 Australia, giving each a distinct home-market advantage. Canva scores 95 on Awaira's composite index versus VEED.IO's 61, a wide margin reflecting substantially stronger fundamentals. Under Sabba Keynejad and Melanie Perkins respectively, both companies continue to chart aggressive growth paths.

Funding Velocity

VEED.IO

Total Rounds2
Avg. Round Size$17.5M
Funding Span1.3 yrs

Canva

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

Funding History

VEED.IO has completed 2 funding rounds, while Canva has gone through 7. VEED.IO's most recent round was a Series A of $29.1M, compared to Canva's Series F ($200M). VEED.IO is at Series A while Canva is at Private — different points in their growth trajectory.

Team & Scale

Canva has the bigger team at roughly 7500 people — 50x the size of VEED.IO's 150. Canva has a 5-year head start, founded in 2013 vs VEED.IO's 2018. Geographically, they're in different markets — VEED.IO operates out of United Kingdom and Canva from Australia.

Metrics Comparison

MetricVEED.IOCanva
💰Valuation
$160M
$42BWINS
📈Total Funding
$35M
$589MWINS
📅Founded
2018WINS
2013
🚀Stage
Series A
Private
👥Employees
150
7500
🌍Country
United Kingdom
Australia
🏷️Category
Enterprise AI
Enterprise AI
Awaira Score
61
95WINS

Key Differences

💰

Valuation gap: Canva is valued 262.5x higher ($42B vs $160M)

📈

Funding gap: Canva has raised $554M more ($589M vs $35M)

📅

Market experience: Canva has 5 years more (founded 2013 vs 2018)

🚀

Growth stage: VEED.IO is at Series A vs Canva at Private

👥

Team size: VEED.IO has 150 employees vs Canva's 7500

🌍

Market base: 🇬🇧 VEED.IO (United Kingdom) vs 🇦🇺 Canva (Australia)

⚔️

Direct competitors: Both operate in the Enterprise AI market segment

Awaira Score: Canva scores 95/100 vs VEED.IO's 61/100

Which Should You Choose?

Use these signals to make the right call

VEED.IO logo

Choose VEED.IO if…

  • United Kingdom-based for regional compliance or proximity
  • VEED
Canva logo

Choose Canva if…

Top Pick
  • Higher Awaira Score — 95/100 vs 61/100
  • 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

VEED.IO raised $35M across 2 rounds. Canva raised $589M across 7 rounds.

VEED.IO

Series A

Oct 2019

$29.1M

Seed

Jun 2018

$6M

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 — VEED.IO vs Canva

Is VEED.IO bigger than Canva?
By valuation, Canva is the larger company at $42B versus $160M — a 262.5x difference. Size can also be measured by team: VEED.IO employs 150 people while Canva has 7500 employees.
Which company raised more funding — VEED.IO or Canva?
Canva has raised more in total funding at $589M, compared to VEED.IO's $35M — a gap of $554M. Combined, the two companies have completed 9 known funding rounds.
Which company has a higher Awaira Score?
Canva leads with an Awaira Score of 95/100, while VEED.IO sits at 61/100. That 34-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.
Who founded VEED.IO vs Canva?
VEED.IO was founded by Sabba Keynejad in 2018. Canva was founded by Melanie Perkins in 2013. Visit each company's profile on Awaira for a full founder biography.
What does VEED.IO do vs Canva?
VEED.IO: VEED.IO is a UK-based enterprise AI company founded in 2018 that specializes in video creation and editing technology. The platform uses artificial intelligence to automate video production workflows, enabling users to generate, edit, and repurpose video content at scale. Core offerings include AI-powered video editing, automated subtitle generation, background removal, and content transformation capabilities that convert text or audio into video formats. The company targets content creators, marketers, and enterprises seeking to streamline video production processes without requiring extensive technical expertise or specialized equipment. VEED.IO's technology stack combines machine learning algorithms with intuitive user interfaces designed for both technical and non-technical users. The platform serves various verticals including media, marketing, education, and corporate communications. The company has raised $41 million in total funding and maintains a valuation of $200 million, positioning it within the Series A stage of growth. Its competitive landscape includes players like Synthesia, Runway, and traditional video editing software providers expanding into AI-assisted workflows. VEED.IO differentiates through accessibility and automation depth. The company demonstrates steady growth within the expanding AI video tools market, capitalizing on increasing demand for efficient content production solutions across enterprises managing high-volume video needs. VEED.IO combines accessibility-focused AI video automation with enterprise-scale capabilities, positioning itself at the intersection of creator tools and business workflow efficiency. 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 5 years of extra runway. VEED.IO didn't arrive until 2018. In AI, that kind of head start means more training data, deeper customer relationships, and a bigger talent moat.
Which company has more employees?
VEED.IO has about 150 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 VEED.IO and Canva competitors?
Yes — they're direct rivals. Both VEED.IO 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 VEED.IO's 61. 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 VEED.IO 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