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Framer Raises $100 Million at $2 Billion Valuation to Power Enterprise Push

The company will use the new capital to accelerate enterprise sales with a focus on AI.

Overview

  • The Series D was led by existing investors Meritech and Atomico, confirming a new valuation of $2 billion.
  • Framer reports roughly 500,000 monthly active users and hundreds of thousands of live sites, with $50 million in ARR and break-even results over the past year.
  • Management says it is targeting $100 million in ARR next year as it scales its go-to-market for larger organizations.
  • After launching business plans late last year, businesses now make up most new customers, including Miro, Perplexity, Scale AI and Bilt, with 40% of the latest Y Combinator batch launching on Framer.
  • The platform emphasizes a professional, no-code approach with a built-in CMS, A/B testing, analytics, enterprise security and live collaboration, positioning it for complex, high-traffic sites rather than consumer builders like Squarespace or Wix.