This PredictPedia entry covers a Polymarket event asking whether Canva's valuation will reach a listed amount by December 31, 2026. Canva is described in the supplied Wikipedia material as an "Australian multinational software company launched in 2013" that provides "a graphic design platform to create visual content for presentations, websites, and other digital products" [2]. The company's background is therefore a software business focused on design tools, while the contract itself concerns the company's private market valuation rather than its product performance. The contract's central measure is the NPM Price reported by Nasdaq Private Market, LLC (NPM). Under the contract text, the market resolves "Yes" if Canva's private market valuation, as measured by that NPM Price, reaches or exceeds the listed amount on any date between market creation and December 31, 2026 [1]. If the threshold is never reached in that measure, the market resolves "No" [1]. The event contains six threshold markets, with listed amounts ranging from $42.5B to $100B, and each has a Yes and No outcome [1]. The resolution mechanics matter for reading the contract correctly. NPM prices are published only on trading days and are updated once daily at 1:00 PM ET on the following calendar day [1]. If NPM has not published data for all business dates in the period by 1:00 PM ET on January 1, 2027, the contract says the market may remain open until 11:59 PM ET on January 4, 2027, and will then resolve according to the data available [1]. The listed end time for the market is 2027-01-01T12:00:00.000Z [1]. That date is a contract rule and resolution timing reference, not an announced event date for any valuation change. The contract also contains rules for corporate events. If Canva completes an IPO or direct listing before the end of the period, the market would consider the valuation implied by the official listing price and the public market capitalization after listing, calculated from official regular-hours trading prices and total outstanding common shares [1]. If the company is acquired or otherwise stops existing as an independent entity, only NPM valuations and public market capitalizations achieved before the transaction would count, and transaction consideration would not be used for resolution [1]. A merger in which the listed company remains the parent does not change the methodology [1]. The price snapshot shown alongside this entry reflects the market data at the time it was recorded and is not a live quote or a verified probability. Prices on different thresholds within the same event should be read separately, since each threshold is its own contract with its own resolution outcome.

Historical Context

The supplied Wikipedia material states that Canva was launched in 2013 [2]. The supplied evidence does not include a broader history of the company's valuations, funding rounds, or the NPM price series, so no further historical trend is described here.

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