Summary:
- Canva, the popular visual design platform, has announced an increase in prices for its Canva for Teams product.
- The price hike will affect both new and existing Canva for Teams customers, with the cost of the Basic plan rising from $12.99 to $14.99 per user per month, and the Pro plan increasing from $30 to $35 per user per month.
- Canva cites the need to invest in new features and improvements to the platform as the reason for the price increase, which aims to provide more value to its growing user base.