Framer Secures $100M Funding, Reaches $2B Valuation in No-Code Website Building Boom

No-code website builder Framer reaches $2B valuation | TechCrunch

Framer, a no-code website builder that claims over half a million monthly active users, has reached a $2 billion valuation after raising a $100 million Series D funding round led by existing investors Meritech and Atomico. This double-unicorn milestone comes at a time of hype for website builders -- including direct competitors like Figma, Squarespace and Wix, as well as rising 'vibe coding' platforms such as Cursor and Lovable. In 2023, Framer raised a $27 million Series C led by Meritech at an undisclosed valuation. "With this funding, we're doubling down on enterprise growth and AI, so any company can confidently run their entire website on Framer," CEO and co-founder Koen Bok said. Rather than static landing pages, Framer supports dynamic websites that teams can quickly update -- without requiring developer support. More recently, the company has added analytics, and enterprise security features, with the goal of helping "companies run their entire .com," Bok told TechCrunch. Founded in Amsterdam by Bok and Jorn van Dijk, who had sold their design studio to Facebook in 2011, Framer describes itself as "the website builder loved by designers," with the promise that websites created with its tools will stand out. The Dutch company has also been investing more heavily into its enterprise business. Since introducing business plans late last year, Framer reports that businesses have become the majority of its new customers. These include companies like Miro, Perplexity, and Scale AI -- as well as 40% of Y Combinator's most recent batch. The growing B2B business is already making an impact on the company's bottom line. According to a spokesperson, the company reached $50 million in annual recurring revenue this year, and aims to cross the $100 million threshold next year. "We've been break-even for the past year," Bok told TechCrunch.

Figma-Killer Framer Valued at $2B in New Funding Round As No-Code Heats Up

Framer, a Dutch company specializing in tools for automating web design, has secured a $100 million funding round that values the startup at $2 billion. The investment was led by existing backers Meritech Capital Partners and Atomico, according to a statement released Thursday. The massive capital infusion positions it to take on its largest rival, Figma, which also uses a community-based model to create websites and design. It went public in 2023 and debuted on the New York Stock Exchange this summer and now holds a lofty market cap of $37.68 billion. No-code websites teach users to create websites and apps without extensive programming knowledge. As the no-code and AI-driven design sector heats up, Framer’s rapid valuation jump underscores investor enthusiasm for platforms that simplify web development using generative AI, making it a key player to watch as the industry continues to evolve. Framer claims a user base of 500,000 active monthly users, most of whom are startups. The company aims to attract larger enterprise clients as it scales. The last funding round in 2023 was a $27 million raise, though the valuation at that time was not disclosed. "Close to half of the latest Y Combinator batch launched with Framer, alongside global brands like Perplexity, Scale AI, Huel, Miro, Zapier, and Mixpanel," Framer said in their statement. "Today, hundreds of thousands of sites run on Framer, with more than half a million people using the platform each month." Venture capitalists see significant potential in AI-powered tools that enable rapid website creation and design, especially following the September 2023 IPO of Figma, which soared 250% on debut and has become a benchmark for the sector. It has since seen a rollercoaster ride for its share price. "Fast-growing software IPOs have been extremely rare during the past three years, so deals like this tend to get a lot of attention," said Matt Kennedy, senior strategist at Renaissance Capital, a provider of IPO-focused research and ETFs, said after Figma's IPO. "Because of this three-year bottleneck, tech IPO investors have been starved for new deals." That appetite has only grown. Venture capital firms invested approximately $162.8 billion across various deals in the first six months of 2025, according to data from PitchBook. Notably, about 30% of this funding was allocated to late-stage startups, reflecting a continued appetite among investors for established companies preparing for or already pursuing IPOs and acquisitions. Founded in 2014 in Amsterdam by by Koen Bok and Jorn van Dijk who had previously sold their company, Sofa, to Facebook, Framer initially focused on prototyping tools for website design. Over time, it expanded into web publishing and “no-code†development. The funding underscores a broader trend among technology investors betting heavily on startups that offer no-code or “vibe coding†features, which rely on generative AI models from providers like OpenAI. Framer markets itself as a simpler alternative to Figma and Squarespace, offering an integrated platform for web animation, marketing analytics, and publishing. “We empower designers to publish websites without needing costly developers,†CEO and co-founder Koen Bok said in the statement today. Other startups in the space, such as Anysphere, which produces the AI coding assistant Cursor, are reaching hefty valuations on relatively modest revenue. In July, Anysphere announced over $500 million in annualized revenue, valuing the company at nearly $10 billion. Framer, on the other hand, generated around $50 million in annual recurring revenue this year and projects to double that figure in 2026, driven by growing demand for AI-enhanced design tools.

Professional website design platform Framer raises $100M at $2B valuation - SiliconANGLE

Professional website design platform Framer raises $100M at $2B valuation Amsterdam-based professional website design platform Framer Inc. today announced it raised $100 million in Series D funding at a $2 billion valuation. The funding round was led by the company's existing investors Meritech and Atomico. As a website-builder, Framer's platform provides tools for web creation beyond the prototyping features of competitors like Figma Inc. Designers, developers and marketers use Framer to create and instantly publish live websites with animations, search engine optimization, built-in databases and user interfaces as finalized products. The company also offers powerful artificial intelligence that allows for the creation of interactive, responsive websites and prototypes. "Framer is changing the way the best companies bring their ideas online," said Koen Bok, chief executive and co-founder of Framer. "Designers and marketers can now ship production-ready sites in days, not months -- without waiting on a front-end team." The platform sets itself apart in the website builder market by allowing non-technical users to easily build in and use tools that usually require professional design and development expertise, such as databases, content management systems, A/B testing, analytics, enterprise security and more. Individual components and back-end systems handle the infrastructure and tooling so that the users attend to the design and attention to detail. With AI on the front end, users can also ask the platform itself to assist with bringing ideas to life and then fine-tune their website design after having an initial concept generated or iterate on pre-built templates. Competition in the website building and design industry is filled with ready-made platforms such as Wix.com Ltd., Squarespace Inc. and Canva Pty Ltd. that offer free and paid hosting solutions with templates for users. Many businesses and individuals are looking for a quick and easy way to establish their brand online, and these platforms offer an effective solution. According to a late 2024 report from Market.Us. the AI-powered website builders market size is expected to grow to $31.5 billion in 2033, up from $3.17 billion in 2023. A report from market analyst Fortune Business Insights noted that in February 2025, Wix forecast its financial growth could reach upwards of $2 billion. To capture this market, Framer focused its attention on enterprise customers by launching business plans late last year, and the company says a majority of its new customers are now businesses and make up the fastest-growing revenue segment. The company claims hundreds of thousands of active websites and half a million monthly visitors. Enterprise customers of Framer include startups such as Scale AI Inc., AI search engine Perplexity Inc. and Miro developer RealtimeBoard Inc.