Framer’s $2B Valuation Reflects Surge in No-Code Design Demand

Framer, the Amsterdam-based no-code website design platform, recently announced a $2 billion valuation after successfully raising $100 million in its Series D funding round.

This impressive valuation growth highlights the growing investor confidence and demand in the no-code software space.

Led by existing investors Meritech Capital Partners and Atomico, with Accel joining, the round follows a period of strong market optimism driven by expectations of interest rate cuts from the Federal Reserve and a surging stock market.

What drove Framer’s valuation surge?

Framer's rapid user growth, now surpassing half a million monthly active users, alongside hundreds of thousands of live websites powered by the platform, has contributed significantly. Its ability to scale with notable clients like Scale AI and Miro has further bolstered confidence.

The platform’s latest business plans have seen enterprise clients become their fastest-growing revenue segment, a critical factor for increased valuation.

Did you know?
Framer powers websites for 40% of the latest Y Combinator startups, showing strong traction among new tech ventures.

How is Framer capitalizing on the no-code trend?

CEO Koen Bok emphasizes the speed and flexibility Framer offers. Designers and marketers can deploy production-ready websites in days without relying on front-end development teams. This agility is fueling widespread adoption among startups and large enterprises.

The success of competitive offerings like Figma’s IPO has also spotlighted the value and potential of collaborative and no-code design tools, creating a fertile environment for Framer’s growth.

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What role does enterprise adoption play in Framer’s growth?

Enterprise customers now represent the majority of new Framer clients following its 2024 business plan launch. The platform is increasingly considered a robust alternative to traditional website builders like Squarespace and Wix, offering enhanced features such as built-in CMS, analytics, and enterprise-grade security.

Notably, many startups incubated at Y Combinator rely on Framer for their website launches, highlighting the platform’s relevance to the tech innovation ecosystem.

What future plans does Framer have for expansion?

With over $50 million in annual recurring revenue this year and projections to double in 2026, Framer plans to use its new funding to deepen AI capabilities, add enterprise features, and expand its global teams across Amsterdam, San Francisco, and Barcelona.

Investment partners praise Framer’s product development speed and team strength, positioning it well for ongoing market leadership in the no-code design arena.