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HomeGadgetNo-code web site builder Framer reaches $2B valuation

No-code web site builder Framer reaches $2B valuation

Framer, a no-code web site builder that claims over half 1,000,000 month-to-month lively customers, has reached a $2 billion valuation after elevating a $100 million Collection D funding spherical led by current buyers Meritech and Atomico.

This double-unicorn milestone comes at a time of hype for web site builders  — together with direct rivals like Figma, Squarespace and Wix, in addition to rising ‘vibe coding’ platforms similar to Cursor and Lovable. 

In 2023, Framer raised a $27 million Collection C led by Meritech at an undisclosed valuation.

“With this funding, we’re doubling down on enterprise development and AI, so any firm can confidently run their total web site on Framer,” CEO and co-founder Koen Bok mentioned.

Fairly than static touchdown pages, Framer helps dynamic web sites that groups can rapidly replace — with out requiring developer help. Extra lately, the corporate has added analytics, and enterprise safety features, with the objective of serving to “firms run their total .com,” Bok advised TechCrunch.

Based in Amsterdam by Bok and Jorn van Dijk, who had bought their design studio to Fb in 2011, Framer describes itself as “the web site builder liked by designers,” with the promise that web sites created with its instruments will stand out.

The Dutch firm has additionally been investing extra closely into its enterprise enterprise. Since introducing enterprise plans late final yr, Framer reviews that companies have develop into nearly all of its new prospects. These embrace firms like Miro, Perplexity, and Scale AI — in addition to 40% of Y Combinator’s most up-to-date batch. 

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The rising B2B enterprise is already making an affect on the corporate’s backside line. Based on a spokesperson, the corporate reached $50 million in annual recurring income this yr, and goals to cross the $100 million threshold subsequent yr. “We’ve been break-even for the previous yr,” Bok advised TechCrunch.

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