Framer, an uncoded website builder claiming over half a million active users each month, 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 website builder hype, including direct competitors such as 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, with a private rating.
“This funding allows us to double our enterprise growth and AI, so every company can run the entire website with confidence with Framer,” said CEO and co-founder Koen Bok.
Rather than a static landing page, Framer supports dynamic websites that allow teams to update quickly without the need for developer support. More recently, the company has added analytics and enterprise security features to help “the whole company operates .com.”
Founded in Amsterdam by me and Joan Vandick, who sold design studios to Facebook in 2011, Framer describes himself as a “website builder loved by designers” with the promise that the websites created with the tool stand out.
Dutch companies are investing more in their corporate business. Since introducing business plans late last year, Framer reports that the company has become the majority of its new customers. These include companies like Milo, Confusion, Scale AI and 40% of the latest batch of Y Combinators.
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The growing B2B business is already affecting the company’s revenues. According to a spokesman, the company is aiming to reach $50 million recurring revenue this year, reaching its $100 million threshold next year. “We’ve been broken for the past year,” I told TechCrunch.
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