Framer Raises $100M Series D; At $2 Billion Valuation

The funding round was led by Meritech and Atomico, with the investment aimed at supporting Framer’s continued growth and development efforts.

Led by CEO Koen Bok, Framer provides a no-code website-building platform that allows teams from startups to Fortune 500 companies to design and publish high-quality websites with exceptional flexibility, speed, and performance.

With offices in San Francisco and Barcelona, Framer is already powering hundreds of thousands of websites globally. Its platform is trusted by notable companies including Scale AI, Perplexity, Miro, and Bilt.

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“Framer is changing the way the best companies bring their ideas online,” said co-founder and Chief Executive Koen Bok. “Designers and marketers can now ship production-ready sites in days, not months without waiting on a front-end team.”

Framer sets itself apart from competitors like Figma by offering a complete website building platform that goes beyond just prototyping. Designers, developers, and marketers use Framer to build and instantly publish fully functional websites, complete with features such as animations, SEO tools, built-in databases, and custom user interfaces.

The platform also integrates advanced AI capabilities, enabling users to create interactive, responsive websites and prototypes with ease.

Framer is redefining the website builder space by enabling nontechnical users to access tools typically reserved for professional designers and developers.

Its platform supports features such as databases, content management, A/B testing, analytics, and enterprise-grade security, all without requiring users to manage the backend infrastructure. Instead, users can focus on design and detail.

AI plays a key role in streamlining the process. Users can describe what they want, and the platform generates initial concepts, which can then be refined or built upon using pre-designed templates.

While competitors like Wix, Squarespace, and Canva dominate the market with easy-to-use, template-based solutions, Framer targets users who want more flexibility and control especially businesses.

As more companies seek fast, scalable ways to establish their digital presence, Framer’s powerful blend of no-code tools and AI is becoming increasingly attractive.

The AI website builder market is booming. A report from late 2024 by Market.Us projects the market will grow from $3.17 billion in 2023 to $31.5 billion by 2033. Wix alone forecast $2 billion in revenue for 2025.

To capture a share of this growth, Framer launched enterprise-focused plans in late 2024. The company says businesses now represent its fastest-growing customer base, with hundreds of thousands of live sites and over 500,000 monthly visitors. Clients include high-growth startups like Scale AI, Perplexity and Miro.