08:22 AM EDT, 05/01/2024 (MT Newswires) -- Stack Capital Group ( STCGF ) , an investment holding company, on Wednesday said it has invested US$8 million into Canva, an online visual communication and collaboration business that enables its users to "design anything and publish anywhere," including presentations, videos and social media content, using its platform.

Founded in 2013, Canva generates annualized revenues of US$2+ billion; with 170+ million monthly active users in 190 countries. It also 4,000+ employees worldwide. According to the statement, major brands such as FedEx, Sony Music, Starbucks, and Johnson & Johnson are active users of Canva's enterprise/Teams solution.