Robinhood Ventures Fund I said it has closed a $25 million investment in Canva, acquiring Class A Common Stock on Tuesday.
Sarah Pinto, President of Robinhood Ventures Fund I, described Canva as among the world’s most compelling design platforms and framed the investment as the type of category-defining opportunity the fund aims to deliver to its investors. "With its mission to put the power of design in everyone’s hands, Canva represents the kind of category-defining company our investors deserve access to," Pinto said.
Canva’s finance chief, Kelly Steckelberg, highlighted the platform’s scale, saying more than a quarter of a billion people now use Canva each month. Steckelberg also noted the company is stepping up spending on visual artificial intelligence capabilities and characterized the market potential as early-stage. "As we continue to accelerate our investment in building the world’s best visual AI tools, we believe we’re still in the very early stages of the opportunity ahead," Steckelberg said.
Founded in 2013, Canva markets itself as an integrated platform for visual communication and collaboration. The company serves a broad set of users - enterprises, small businesses, consumers and students - across more than 190 countries.
Robinhood Ventures Fund I recently began trading on the New York Stock Exchange on March 6, 2026. The closed-end vehicle offers investors exposure to a concentrated portfolio that is primarily composed of private companies. The fund’s stated holdings include stakes or exposure to a range of private technology and consumer-focused businesses, among them Airwallex, Boom, Databricks, ElevenLabs, Mercor, OpenAI, Oura, Ramp, Revolut, SpaceX and Stripe.
Information provided by the parties includes direct statements from Robinhood Ventures Fund I leadership and Canva’s CFO, alongside the fund’s published description of its investment remit and portfolio composition.