Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Sydney Lake

Canva says its new AI features justify raising subscription prices by 300%

(Credit: Alisha Jucevic—Bloomberg/Getty Images)

Your favorite design hack is about to get more expensive. Canva, the popular design platform that launched in Australia in 2012, just instituted price hikes for its “Teams” subscription. And for some users, the price jump is staggering. 

Canva Teams, which is marketed as the platform’s “all-in-one solution that will help you address design bottlenecks, bloated tech stacks, and collaboration inefficiencies,” is increasing prices for the first time since its 2020 launch—in some cases, by 300%. The Teams plan allows multiple Canva users to access and edit a design all at once. In the U.S., some Canva users will see their Teams subscription price jump in early December from $119.99 per year to $500 per year. The first 12 months will be discounted to $300, but it’s still more than double what users currently pay. Canva Teams will update from $10 per month per person, with a minimum of three people required for that subscription, a Canva spokesperson confirmed.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.