Framer Reaches $2B Valuation: The No-Code Website Builder to Watch

Framer Secures $2 Billion Valuation in New Funding Round

Framer, a prominent no-code website building platform boasting over 500,000 monthly active users, has achieved a $2 billion valuation.

This milestone was reached following a successful $100 million Series D funding round. The investment was spearheaded by current investors Meritech and Atomico.

Growth Amidst Competitive Landscape

This achievement positions Framer as a double-unicorn within the increasingly competitive website builder market.

The company faces competition from established players like Figma, Squarespace, and Wix.

Additionally, emerging “vibe coding” platforms, including Cursor and Lovable, are also vying for market share.

Recent Funding History

In 2023, Framer previously secured $27 million in Series C funding, also led by Meritech, though the valuation at that time was not publicly disclosed.

Strategic Focus: Enterprise and AI

“We are intensifying our focus on enterprise expansion and the integration of AI,” stated Koen Bok, CEO and co-founder of Framer.

“Our objective is to empower any organization to confidently manage their complete website infrastructure using Framer.”

Dynamic Websites and Enterprise Features

Framer distinguishes itself by enabling the creation of dynamic websites.

These sites allow teams to implement rapid updates without the need for dedicated developer resources.

Recent additions include robust analytics and enhanced enterprise-level security features.

The company’s goal is to facilitate the operation of entire websites – the complete “.com” presence – for businesses, as Bok explained to TechCrunch.

Company Origins and Design Focus

Founded in Amsterdam by Koen Bok and Jorn van Dijk, Framer’s founders previously sold their design studio to Facebook in 2011.

The company positions itself as “the website builder favored by designers,” emphasizing the creation of visually distinctive websites.

Expanding Enterprise Clientele

Framer has significantly increased its investment in its enterprise business segment.

Since the introduction of business-oriented plans late last year, businesses now represent the majority of its new customer acquisitions.

Notable clients include Miro, Perplexity, and Scale AI.

Furthermore, 40% of the most recent cohort from Y Combinator are also utilizing the platform.

Financial Performance and Future Outlook

The growth in its B2B sector is positively impacting Framer’s financial performance.

The company has reached $50 million in annual recurring revenue (ARR) this year.

Framer anticipates exceeding $100 million in ARR in the coming year.

“We have achieved break-even status over the past year,” Bok confirmed to TechCrunch.