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Canva says its new AI features justify raising subscription prices by 300%
Canva Teams has ‘come a long way’ since its 2020 launch. So now it’s time for a price increase, Canva spokesperson says.
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%. “Canva’s strategy risks pricing out the smaller teams that benefit most from its platform,” Chris Kernaghan, a UX designer, wrote in a blog post last week. “While it’s certainly something that impacts our budget, the value Canva provides, especially with its AI features, has made it worthwhile so far,” Jonathan Goldberg, founder, president and CEO of diamond-jewelry retail platform Kimberfire, told Fortune.
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