MANILA, PHILIPPINES — Canva, the world’s only all-in-one visual communication platform, is announcing the opening of applications for its $50 million Developers Innovation Fund to provide financial support and incentives to developers. The Innovation Fund aims to reward developers who share Canva’s goal to democratize design and foster a diverse marketplace of free-to-use apps on Canva. It was first announced during the launch of the Canva Developers Program at the Canva Extend conference in June 2023. As Canva wraps up a year of record growth, it’s inviting developers to apply for awards and sharing new insights on the growth of its App Ecosystem.
Canva’s goal is to create the most pluggable visual communications platform available by bringing every design and AI capability onto a single page. Apps on Canva have allowed the company to rapidly introduce new tools and technology, while empowering developers to put their apps in the hands of Canva’s 160 million monthly users.
Following its launch in June, thousands of developers have joined the Canva Developers Program and have published 60 new apps using the Canva Apps SDK, which have collectively been used 15 million times. The Canva Apps Marketplace is now home to hundreds of apps, and as part of the recently launched all-in-one AI suite, Magic Studio, Canva has added 21 new AI apps including image generators like Open AI’s Dall-E, Imagen by Google Cloud, avatar generators by the likes of D-ID and HeyGen, and voice generators courtesy of Murf AI, PlayHT, and many more.
As app growth and adoption accelerates, the Innovation Fund seeks to support and reward developers and foster a diverse, dynamic app marketplace, including by supporting underrepresented developers. Developers anywhere in the world who have an idea for how to extend the creativity of Canva users, and want to be rewarded for it, have an opportunity to participate.
“Apps are playing an increasingly significant role in Canva’s all-in-one strategy, and we recognize the immense potential they hold for our mission to empower the world to design,” said Anwar Haneef, Head of Ecosystem at Canva. “We’re thrilled to take this next step in nurturing our developer community, and confident that this will make Canva a rewarding home for developers to bring their ideas to life, offering tremendous value to our users in the process.”
Canva will begin distributing the $50 million USD Innovation Fund in the form of:
- App Adoption Awards: One-time cash award for apps that reach adoption milestones, based on number of monthly users. These are open to all developers who have launched a free public app and meet specific requirements.
- Developer Grants: Cash grants, which could fund development, or subsidize computing costs, to help developers build free-to-use apps. To be considered for a Developer Grant, developers can apply from now until March 2024. Canva will prioritize support for app ideas that meet the following criteria:
- AI innovations that give Canva users access to the latest, most powerful and safest AI technology on the market.
- Free-to-use design apps that provide new capabilities or streamline workflows between Canva and other tools.
Canva’s mission is to empower everyone in the world to design, and doing so requires providing content and tools that reflect the diversity of its global community. The Canva Developers Innovation Fund aims to promote a diverse app ecosystem and marketplace, by identifying and supporting developers who are BIPOC, LGBTQIA+, or from regions typically underserved by venture capital through grants, outreach and more.
In addition to financial support, Canva intends to partner with recipients to provide guidance at every stage from design, to build, go-to-market and beyond.
Further details on eligibility and payout levels are available here.
Top apps include AI content generation and workplace integrations
From trendy text effects and AI content generators to productivity-boosting integrations and content management tools, the Canva Apps Marketplace has introduced hundreds of new possibilities to users.
Community demand has increased for free design apps that are simple to use and introduce new original features to Canva, like text customization tool Typecraft, Equations, which makes it easy for teachers to visualize math equations, and Enhancer, which improves photo quality in one click. AI product usage on Canva is also up across the board, including with AI apps like D-ID Presenters and Murf AI seeing noteworthy uptake.
Developers have seen significant growth and value in a relatively short time, citing insights like:
- Canva apps helped DeepReel grow its new user sign ups by over 10-times in its first month, and in the last six weeks alone Canva users have created over 100 hours of content using DeepReel’s talking AI avatars.
- Issuu has seen its customer signups grow five-times since launching in June 2023.
- Brandfetch has seen a two-times increase in their users on Canva since updating and launching their app with the new Canva Apps SDK.
- Canva users have taken advantage of simple AI voiceover creation with Murf, and have generated over one million voiceovers in the last month.
- During its first month on Canva, the Krikey 3D AI Animation App saw a 10% conversion rate among Canva users who tried the app, with one in 10 users signing up for Krikey AI tools.
- HeyGen’s AI Avatars have been used by 100,000 people since its launch in August, with close to 70% signing up.
- The D-ID AI Presenters app saw 135 signups per second coming from Canva in their first month on the platform.
Starting now, developers can apply by filling in the Canva Developers Innovation Fund application form or visit canva.com/developers for more information.
