Her Design Startup Wants to Disrupt Your Desktop
Fortune US|October - November 2022
Against the odds, Australian Melanie Perkins, 35, built Canva into the most valuable startup founded and run by a woman. The $26 billion graphic design platform's next mission may be even tougher: displacing Adobe and Microsoft Office in the workplace.
By Emma Hinchliffe
Her Design Startup Wants to Disrupt Your Desktop

CEO Melanie Perkins conceived of Canva after growing frustrated with existing design tools.

On a september morning in Sydney, Melanie Perkins peers through the double doors of Sterling hair salon in the city's Surry Hills neighborhood. It's now bustling with customers in highlight foils and black capes, but 10 years ago the space was where Perkins and then boyfriend, now husband Cliff Obrecht spent nearly every waking moment. It housed the Sydney office of Fusion Books, the yearbook publishing business the couple founded prior to launching Canva, a visual communications company. Today their second business is valued by one estimate at $26 billion, the most of any female-founded and woman-led startup in the world and a sum that has grown the couple's combined net worth to an estimated $7.8 billion. Perkins, 35, points to the back of the salon. See where the half mannequin in a feather boa now sits on top of a cabinet? That's where they put a bank of computers, she says.

When Fusion moved in, "the whole place was just a rummage pile of everything, Perkins recalls. "We had to do a big cleanout to get the office into shape."

This story is from the October - November 2022 edition of Fortune US.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the October - November 2022 edition of Fortune US.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM FORTUNE USView All
KKR'S $1 TRILLION GAMBLE
Fortune US

KKR'S $1 TRILLION GAMBLE

The co-CEOs of KKR have a radical strategy to supercharge growth - and chart a path far different from that of their mentors, Henry Kravis and George Roberts.

time-read
10+ mins  |
October - November 2024
THE SHIPWRECKED LEGACY OF MIKE LYNCH
Fortune US

THE SHIPWRECKED LEGACY OF MIKE LYNCH

THE BRITISH TECH MOGUL SOLD HIS COMPANY FOR $11 BILLION, THEN SPENT YEARS FIGHTING FRAUD CHARGES. HIS SHOCKING DEATH HAS LEFT MANY UNANSWERED QUESTIONS ABOUT HIS LIFE.

time-read
10+ mins  |
October - November 2024
FORTUNE - CHANGE THE WORLD
Fortune US

FORTUNE - CHANGE THE WORLD

THESE COMPANIES BUILD BUSINESSES AROUND SOLVING SOCIAL PROBLEMS AND THEY DO WELL BY DOING GOOD.

time-read
4 mins  |
October - November 2024
Can Cathy Engelbert Handle the Pressure?
Fortune US

Can Cathy Engelbert Handle the Pressure?

The WNBA commissioner and ex-Deloitte CEO is leading the league through a season of historic highs, but critics wonder if her game plan is good enough to seize the moment.

time-read
10+ mins  |
October - November 2024
Kamalanomics: Harris's Road Map for Business
Fortune US

Kamalanomics: Harris's Road Map for Business

Vice President Kamala Harris hasn't done much to woo Big Business. Many executives would still rather take their chances with her than the alternative.

time-read
8 mins  |
October - November 2024
Mary Barra
Fortune US

Mary Barra

The CEO of General Motors accelerates into our top spot.

time-read
10+ mins  |
October - November 2024
MPW - MOST POWERFUL WOMEN 2024
Fortune US

MPW - MOST POWERFUL WOMEN 2024

WHEN FORTUNE launched its Most Powerful Women list in 1998, women were just starting to trickle into the C-suite in significant numbers.

time-read
5 mins  |
October - November 2024
WHO HAS TIME FOR A POWER LUNCH? THE REAL BUSINESS HAPPENS AT 4 P.M. 'POWER HOUR.'
Fortune US

WHO HAS TIME FOR A POWER LUNCH? THE REAL BUSINESS HAPPENS AT 4 P.M. 'POWER HOUR.'

THE SUN is pouring in through the floor-to-ceiling windows when the bar begins to fill with bespoke suits on a Tuesday in August at Four Twenty Five. The new restaurant from Jean-Georges Vongerichten is on the first floor of a Midtown Manhattan skyscraper, beneath the offices of financial giant Citadel Securities. And the traders are thirsty.

time-read
4 mins  |
October - November 2024
HOW TO TAKE ADVANTAGE OF THE FED'S BIG RATE CUT
Fortune US

HOW TO TAKE ADVANTAGE OF THE FED'S BIG RATE CUT

THE WAIT IS OVER. After more than a year of will-they-or-won't-they, the Federal Reserve on Sept. 18 announced the first cut to its benchmark Federal funds rate since the early days of the COVID-19 pandemic, a 50-basis-point drop that Chairman Jerome Powell signaled is likely the first of many.

time-read
4 mins  |
October - November 2024
FOR GEN Z AT WORK, THE GENERATION GAP IS A WELLNESS GAP. HERE'S HOW TO BRIDGE IT
Fortune US

FOR GEN Z AT WORK, THE GENERATION GAP IS A WELLNESS GAP. HERE'S HOW TO BRIDGE IT

FOR ONE nonprofit executive director, it was a 2022 New York City subway shooting that highlighted the stark differences between how he, a 55-year-old, and his Gen Z staffers show up to work.

time-read
4 mins  |
October - November 2024