Canva is dramatically increasing prices for some customers. Canva Teams subscribers on older pricing plans will see a 300% increase for a five-person plan, jumping from $ 119.99 per year to $ 500 per year. Users will get a 40% discount for the first 12 months before the switch takes effect. The company is pointing […]
TechCrunch Minute: Canva faces backlash over price hikes
Some Canva customers are experiencing serious sticker shock, while the company is pointing to new AI features to justify the price hike. The company has established itself as a simpler, more affordable alternative to legacy design software, but the “more affordable” part of the equation is becoming a little less true, with some Canva Teams […]
Canva has increased prices for its Teams product
Canva, the design platform, is increasing prices steeply for some customers. And it’s blaming the move in part on generative AI. In the U.S., some Canva Teams subscribers on older pricing plans are seeing the sticker price for a five-person plan jump from $ 119.99 per year to $ 500 per year (with a 40% […]
Canva acquires Leonardo.ai to boost its generative AI efforts
Canva has acquired Leonardo.ai, a generative AI content and research startup, as the company looks to deepen its investments in its AI tech stack. The financial terms of the deal weren’t disclosed, but Canva co-founder and chief product officer Cameron Adams said it’s a mix of cash and stock. All of Leonardo.ai’s 120 employees will […]
Canva launches a proper enterprise product — and they mean it this time
Back in 2019, Canva, the wildly successful design tool, introduced what the company was calling an enterprise product, but in reality it was more geared toward teams than fulfilling true enterprise requirements. On Thursday, the company changed that, announcing a new enterprise version that is truly geared toward the needs of larger organizations. That includes […]