Canva, a high-valued design software startup that competes with Adobe, said Monday that it hired Kelly Steckelberg as its chief financial officer, five years after she helped take Zoom public and then guided the company through its Covid-19 pandemic surge.

Founded in 2013, Canva was valued recently at $32 billion, a drop from its peak of $40 billion in 2021.

“Kelly’s impressive track record as a strong leader and strategic thinker, combined with her proven expertise in scaling enterprise companies, make her the perfect addition to our leadership bench,” Canva said in an emailed statement.

Canva is generating about $2.5 billion in annualized revenue and boasts 220 million monthly users. The company is widely viewed as a top initial public offering candidate for venture-backed tech companies after a historically slow period for new offerings dating back to early 2022.

On Monday, ServiceTitan, which sells software for the trades, filed to list on the Nasdaq. Cerebras, a maker of artificial intelligence chips, has been on file since late September, and online lender Klarna said last week that it has confidentially filed its IPO paperwork with the U.S. Securities and Exchange Commission.

A Canva spokesperson declined to comment on the startup’s timeline for an IPO.

Steckelberg held financial positions at Cisco and was CEO of online dating company Zoosk before joining Zoom in 2017. Steckelberg is based in Austin, Texas, while Canva has its headquarters in Sydney, Australia.

Zoom went public with Steckelberg’s help in 2019. The video-chat company saw its market cap soar to upward of $160 billion in October 2020, early in the Covid-19 pandemic, as users working from home swarmed to the app. Zoom has since lost more than 85% of its value.

Steckelberg announced her departure from Zoom in August after seven years at the company. Last month, former Microsoft executive Michelle Chang replaced Steckelberg as Zoom’s CFO.

Canva’s previous finance chief Damien Singh resigned in February after the company said it was conducting an internal investigation surrounding inappropriate behavior.

ServiceTitan, a company that sells software to contractors such as plumbers and roofers, on Monday filed to go public on the Nasdaq under the ticker symbol “TTAN.”

The filing suggests that investors could be getting more interested in next-generation software companies. Just a few, including Reddit and Rubrik, debuted on public markets in the U.S. this year, and chipmaker Cerebras filed for an initial public offering. There were basically no tech initial public offerings in 2021 or 2022 as central bankers pushed up interest rates to flight inflation, making investors less willing to bet on money-losing challengers.

Based in Glendale, California, ServiceTitan offers cloud software for advertising, scheduling jobs, dispatching, producing invoices and taking payments. It had a $35.7 million net loss on $193 million in revenue in the quarter that ended on July 31, according to the filing. Revenue was up about 24% year over year, and the quarterly loss had narrowed from almost $52 million.

ServiceTitan’s revenue growth rate will stand out for people investing in cloud stocks, who have seen rates sag with few new public companies in the sector. The average growth rate for Bessemer’s Nasdaq Emerging Cloud Index, the basis for the WisdomTree Cloud Computing Fund, is 16.6%.

The company was originally founded in 2007 by Ara Mahdessian and Vahe Kuzoyan, whose fathers were both residential contractors. While most ServiceTitan customers are small and medium-sized businesses, it has started focusing more on selling products to big companies and construction customers, according to the filing.

ServiceTitan plans to keep up to 5% of shares in the IPO for eligible clients, the founders’ friends and family members and others through a directed share program.

Investors include Battery Ventures, Bessemer Venture Partners, Iconiq and TPG. Iconiq on its own controlled 24% of the compan’s Class A shares.

Competitors include Salesforce and SAP, along with specialty companies such as HouseCall Pro, Jobber and Workwave.

Goldman Sachs, Morgan Stanley, Wells Fargo and Citigroup are among the company’s IPO underwriters.

WATCH: Nasdaq CEO Adena Friedman on Trump’s policy impact

Tesla shares jumped on Monday following a report that President-elect Donald Trump’s transition team are planning to make a federal framework to regulate self-driving vehicles a top priority for the U.S. Transport Department.

As of 6:11 a.m. ET, Tesla stock was up 7.98% in U.S. premarket trading after the release of the Bloomberg News report, which cited unnamed sources familiar with the matter.

CNBC could not independently verify the report and has requested comment from the Trump team and from the National Highway Traffic Safety Administration, a Transportation Department unit tasked to oversee self-driving technologies.

Musk was a central figure in the business world pushing for Trump’s return to the White House in the lead-up to this month’s elections. The tech billionaire now stands to benefit from the close relationship he has formed with the Republican politician, who previously served a first presidential term between 2017 and 2021.

Last week, Trump picked Musk and former Republican presidential candidate Vivek Ramaswamy to lead the newly minted Department of Government Efficiency — or “DOGE for short — which he said would end government “bureaucracy,” relax “excess” regulations and cut “wasteful” expenditures.

A federal framework for regulating self-driving vehicles would be a major boon to Musk’s Tesla, which has been promising fully self-driving vehicles for several years but has so far failed to deliver a car capable of being driven autonomously without a human behind the wheel.

The long-term vision for Tesla is to produce a fleet of so-called “robotaxis,” autonomous vehicles that can drive people around without the need for human supervision.

Last month, Musk showed off Tesla’s long-awaited robotaxi — a concept car called the “Cybercab,” a $30,000 two-seater vehicle with no steering wheels or pedals.

Tesla has already been beaten to the punch in the robotaxi race by Google’s Waymo venture, which is among the few companies that have successfully launched self-driving cars on public roads.

Speaking during an event unveiling Tesla’s Cybercab and “Robovan” vehicles, Musk said he expects Tesla to have “unsupervised” Full Self-Driving technology up and running in Texas and California next year in the company’s Model 3 and Model Y electric vehicles.

Full Self-Driving, or FSD, is Tesla’s premium driver assistance system, currently available in a “supervised” version for Tesla electric vehicles. FSD currently requires a human driver at the wheel, ready to steer or brake at any time.

Trump’s transition team is reportedly looking for policy leaders for the Transportation Department to develop a federal regulatory framework for self-driving vehicles, according to Bloomberg.

They include Emil Michael, a former Uber executive, Republican Representatives Sam Graves of Missouri and Garret Graves of Louisiana, Bloomberg reported.