Canva has significantly increased prices for its Teams plan, with some users seeing costs rise over 300%.

Previously priced at $39.99 AUD per month for the entire team, the new rate is $40.50 AUD per user, leading to an annual jump from $480 AUD to $2,430 AUD for a five-person team.

The company justifies the hike by citing the addition of new AI-powered features. This steep increase has sparked backlash, particularly as Canva, once known for its affordability, is reportedly positioning itself for a potential public listing by 2026.

Source: Android Authority