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The business model canvas is a strategic management template used for developing new business models and documenting existing ones. [2] [3] It offers a visual chart with elements describing a firm's or product's value proposition, [4] infrastructure, customers, and finances, [1] assisting businesses to align their activities by illustrating potential trade-offs.
In June 2020, Canva announced a partnership with FedEx Office [22] and with Office Depot the following month. [23] As of June 2020, Canva's valuation had risen to A$6 billion, rising to A$40 billion by September 2021. [24] [25] In September 2021, Canva raised US$200 million, with its value peaking that year at US$40 billion.