Summary:
Framer secures $100 million Series D funding at a $2 billion valuation, led by Meritech and Atomico.
The no-code website builder boasts over 500,000 monthly active users and competes with Figma and Wix.
Focus on enterprise growth and AI enables companies to run dynamic websites without developers.
Founded in Amsterdam, Framer has attracted clients like Miro and Scale AI, with 40% of Y Combinator's batch using it.
Achieved $50 million in annual recurring revenue, aiming for $100 million next year, and has been break-even for a year.
Framer's Meteoric Rise to a $2 Billion Valuation
Framer, a leading no-code website builder, has achieved a staggering $2 billion valuation after securing a $100 million Series D funding round. This investment was led by existing backers Meritech and Atomico, highlighting strong investor confidence in the platform.
With over half a million monthly active users, Framer is capitalizing on the booming demand for easy-to-use website creation tools. It competes directly with giants like Figma, Squarespace, and Wix, as well as emerging platforms in the 'vibe coding' space such as Cursor and Lovable.
From Series C to Series D: Rapid Growth Trajectory
In 2023, Framer raised a $27 million Series C round led by Meritech, though the valuation was not disclosed at that time. This latest funding round marks a significant leap, propelling the company into double-unicorn status.
CEO and co-founder Koen Bok emphasized, "With this funding, we're doubling down on enterprise growth and AI, so any company can confidently run their entire website on Framer."
Beyond Static Pages: Dynamic and Enterprise-Ready Solutions
Framer distinguishes itself by supporting dynamic websites that teams can update quickly without developer intervention. Recent additions include analytics and enterprise security features, aiming to help companies manage their entire .com presence seamlessly.
Founded in Amsterdam by Koen Bok and Jorn van Dijk—who previously sold their design studio to Facebook—Framer brands itself as "the website builder loved by designers," promising standout websites crafted with its tools.
Enterprise Focus Driving Revenue Growth
The company has aggressively expanded its B2B offerings, introducing business plans that have attracted major clients like Miro, Perplexity, and Scale AI. Notably, 40% of Y Combinator's most recent batch are using Framer.
This shift is paying off: Framer reached $50 million in annual recurring revenue this year and is on track to surpass $100 million next year. Bok revealed that the company has been break-even for the past year, underscoring its financial health.
As Framer continues to innovate with AI and enterprise solutions, it's poised to reshape how businesses build and manage their online presence.
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