Is Canva coming to the ASX?

ASX tech investors might be scouring the ASX for a company called Canva today. Before you search for ‘ASX Canva’ though, you might want to read this first.

Canva is one of the biggest Australian tech companies. According to a report from Forbes, this digital design company has just been valued at a whopping US$15 billion ($19.6 billion) after a recent funding round. It was sitting at a valuation of US$6 billion less than a year ago. The new valuation was helped by the company reporting that it is profitable. It also reported that annualised revenues have grown beyond US$500 million. That’s up 130% in a year. Canva now reportedly has 55 million users, including 3 million paying ones.

But unfortunately for ASX tech investors,…