Overview
Canva has acquired Cavalry, a UK-based 2D animation platform, and MangoAI, a US startup specializing in AI-driven creative optimization for video ads. This marks Canva's fourth and fifth acquisitions in two years, enhancing its visual communication platform with advanced AI and design tools. As of early 2026, Canva boasts over 265 million users and reported over $4 billion in annualized revenue for 2025, reflecting a 36% year-over-year increase.
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Recent Deals
Canva has acquired Cavalry, a UK-based 2D animation platform, and MangoAI, a US startup specializing in AI-driven creative optimization for video ads. This marks Canva's fourth and fifth acquisitions in two years, enhancing its visual communication platform with advanced AI and design tools. As of early 2026, Canva boasts over 265 million users and reported over $4 billion in annualized revenue for 2025, reflecting a 36% year-over-year increase.