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Framer Achieves $2 Billion Valuation with Series D Funding
Image Credits: The image is sourced from https://techcrunch.com
1 year ago

Framer Achieves $2 Billion Valuation with Series D Funding

Global

News Summary

Framer, a no-code website builder founded in Amsterdam by Koen Bok and Jorn van Dijk, has reached a $2 billion valuation following a $100 million Series D funding round led by Meritech and Atomico. With over half a million monthly active users, Framer is focusing on expanding its enterprise growth and AI capabilities. The company supports dynamic websites that can be updated without developer support, and it has recently added analytics and enterprise security features. Framer’s client base has grown to include companies like Miro, Perplexity, and Scale AI, along with 40% of Y Combinator’s recent batch of startups. The company aims to surpass $100 million in annual recurring revenue next year, having already achieved $50 million this year.

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