Investment Announcement
Robinhood Ventures Fund I announced that it has closed a $25 million equity investment in Canva, acquiring Class A common stock on Tuesday. President Sarah Pinto stated that the firm views Canva as one of the world’s most compelling design platforms and a category‑defining company deserving investor access. Canva’s Chief Financial Officer, Kelly Steckelberg, reported that more than a quarter of a billion users—over 250 million—engage with the platform each month and that the company is accelerating its investment in visual AI tools, emphasizing that it remains in the early stages of a large opportunity.
Company Background
Canva, launched in 2013, operates as an all‑in‑one visual communication and collaboration platform serving enterprises, small businesses, consumers, and students in more than 190 countries worldwide.
Robinhood Ventures Fund I Profile
The fund began trading on the New York Stock Exchange on March 6, 2026. It is a closed‑end fund that offers investors exposure to a concentrated portfolio of primarily private companies, including Airwallex, Boom, Databricks, ElevenLabs, Mercor, OpenAI, Oura, Ramp, Revolut, SpaceX and Stripe.
This article was generated with AI assistance and reviewed by an editor.