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38 Canva acquires Simtheory and Ortto in a twin deal aimed at turning a design tool into an end-to-end work platform

The Next Web
Ana-Maria Stanciuc @ The Next Web 1 place · today 17:00 EDT

Canva acquires Simtheory and Ortto in a twin deal aimed at turning a design tool into an end-to-end work platform

Both companies were built by brothers Chris and Mike Sharkey, who previously co-founded Australian holiday rental site Stayz. Financial terms were not disclosed. Canva will preview what it calls the biggest transformation in its history at Canva Create on 16 April. Canva has acquired two companies simultaneously: Simtheory, an agentic AI collaboration platform, and Ortto, […]
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