Overview
- The Series D was led by existing backers Meritech Capital Partners and Atomico, valuing the no-code website platform at $2 billion.
- Framer reports roughly half a million monthly active users and cites customers such as Scale AI, Perplexity, Miro and Bilt, with 40% of the latest Y Combinator batch launching on its tooling.
- The company says it reached about $50 million in ARR this year, has operated at break-even for the past year, and targets crossing $100 million in ARR next year.
- Positioning itself for professional, high-traffic sites, Framer offers a built-in CMS, analytics, A/B testing and enterprise-grade security to reduce reliance on front-end developers.
- The financing lands during a rebound in late-stage venture deals, as coverage points to heightened investor interest in web design and developer tools and a competitive field that includes Figma, Squarespace and Wix.