capital · May 16, 2026
Canva Completes Acquisition of Ortto Alongside Simtheory
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Canva completed its acquisition of Ortto, the customer data and marketing automation platform, and Simtheory in 2026. Ortto was founded by the Sydney-based Sharkey brothers and had raised more than $35 million prior to the deal. The acquisition forms part of Canva's eight startup purchases in two years, with Ortto and Simtheory as the fourth and fifth in 2026. Mike Sharkey noted the chance to integrate technology for Canva's quarter of a billion monthly users. Existing Ortto customer accounts, data locations, and billing remain unchanged post-acquisition.