Framer, the Amsterdam- and San Francisco-based website design platform, has raised $100 million in Series D funding, valuing the company at $2 billion. The round was led by existing investors Meritech Capital Partners and Atomico.
The company said it will use the fresh capital to expand operations and accelerate product development.
Strong customer adoption
Founded in 2015 by Koen Bok and Jorn van Dijk, Framer enables teams to design and publish professional websites without code. Its platform is used by startups and enterprises alike, including Scale AI, Perplexity, Miro and Bilt Rewards.
Framer reported that it is on track to reach $100 million in annual recurring revenue (ARR) next year. According to the company, 40% of the most recent Y Combinator startup batch are using its software.
The platform differentiates itself from traditional visual website builders by offering additional business-focused tools such as A/B testing, analytics and enterprise-grade security.
Framer Founder background and track record
CEO Koen Bok and CTO Jorn van Dijk previously co-founded design software company Sofa, which was acquired by Facebook in 2011. Framer has now raised a total of $ 161 million in funding, according to Crunchbase.
“Framer is changing the way the best companies bring their ideas online,” said Bok. “Designers and marketers can now ship production-ready sites in days, not months – without waiting on a front-end team.”
Competitive landscape
Framer’s Series D raise comes amid volatility in the broader design software market. Shares of competitor Figma have dropped around 40% since its recent IPO, highlighting shifting investor sentiment in the sector.
Despite this, Framer’s focus on speed, flexibility and enterprise features is positioning it to challenge incumbents such as Squarespace and emerging competitors in the no-code design space.
