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In October of that year, Canva announced that it had raised an additional A$85 million at a valuation of A$3.2 billion and launched an enterprise product. [20] In December 2019, Canva announced Canva for Education, a free product for schools and other educational institutions intended to facilitate collaboration between students and teachers. [21]
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Obrecht first appeared on The Australian Financial Review Rich List in 2020 with a net worth of A$ 3.43 billion. [3] As of May 2023, The Australian Financial Review assessed his and Perkins' joint net worth as A$ 13.18 billion on the 2023 Rich List; making them the ninth wealthiest Australians. [4]
As of 2020, Canvas is used in approximately 4,000 institutions worldwide. [23] [24] Instructure launched its Canvas iOS app in 2011, soon to be shortly followed by its Canvas Android app in 2013, [25] enabling support for mobile access to the platform. The apps were split into three sections: Canvas Student, Canvas Teacher, and Canvas Parent.
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