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āϏāĻžāύ āĻĢā§āϰāĻžāύā§āϏāĻŋāϏāĻā§-āĻāĻŋāϤā§āϤāĻŋāĻ no-code āĻāϝāĻŧā§āĻŦ āĻĄā§āĻā§āϞāĻĒāĻŽā§āύā§āĻ āĻĒā§āϞā§āϝāĻžāĻāĻĢāϰā§āĻŽ Webflow has successfully raised a substantial $72 million in Series A funding. The round was spearheaded by Accel, and also saw contributions from Boston's Silversmith Capital, FundersClub, Rainfall Ventures, Draper Associates, and multiple angel investors. Following this considerable investment, the company's value is estimated to range from $350 million to $400 million post-money, reports Forbes.
āĻ āϰā§āĻĨāĻžāϝāĻŧāύ āĻā§āĻā§āϤāĻŋāϰ āĻ āĻāĻļ āĻšāĻŋāϏāĻžāĻŦā§, Accel āĻāϰ āĻ āϰā§āĻŖ āĻŽā§āϝāĻžāĻĨā§ Webflow 's board. The no-code platform enables individuals and businesses to create robust websites and applications without writing a single line of code. Presently, the platform boasts more than 45,000 customers, including prominent brands such as Dell and HelloSign. According to Forbes, the company has maintained profitability for two years, with an annualized revenue exceeding $20 million.
āύāϤā§āύ āϤāĻšāĻŦāĻŋāϞā§āϰ āϏāĻžāĻĨā§, Webflow seeks to expand its executive team and hire additional staff. The company currently employs over 120 people, a significant increase from last year's headcount of around 70, as per CEO and co-founder Vlad Magdalin. The platform intends to continue expanding its customer base, as well as investing in extensibility, accessibility, performance, security, and data privacy to facilitate growth.
āĻŦāϰā§āϤāĻŽāĻžāύ āĻā§āϰāĻžāĻšāĻāϰāĻž āĻĒā§āĻĨāĻ āĻĢā§āϰāĻŋāϞā§āϝāĻžāύā§āϏāĻžāϰ āĻĨā§āĻā§ āĻļā§āϰ⧠āĻāϰ⧠āĻĢāϰāĻā§āύ 500 āĻā§āĻŽā§āĻĒāĻžāύāĻŋ āϝā§āĻŽāύ āĻāύāϏāύ āĻ ā§āϝāĻžāύā§āĻĄ āĻāύāϏāύ, āĻāϝāĻŧā§āϞāĻĒ āĻāĻŦāĻ āĻ ā§āϝāĻžāĻĄā§āĻŦāĻŋ āĻĒāϰā§āϝāύā§āϤ āĻĒā§āϞā§āϝāĻžāĻāĻĢāϰā§āĻŽā§āϰ āĻŦāĻšā§āĻŽā§āĻā§ āĻāĻŦā§āĻĻāύāĻā§ āĻāύā§āĻĄāĻžāϰāϞāĻžāĻāύ āĻāϰā§āĨ¤ āĻāĻāĻāĻŋ $72 āĻŽāĻŋāϞāĻŋāϝāĻŧāύ āϤāĻšāĻŦāĻŋāϞ āϰāĻžāĻāύā§āĻĄ 120 āĻāϰā§āĻŽāĻāĻžāϰā§āϰ āĻāĻāĻāĻŋ āĻā§āĻŽā§āĻĒāĻžāύāĻŋāϰ āĻāύā§āϝ āĻāĻāĻāĻŋ āĻāϞā§āϞā§āĻāϝā§āĻā§āϝ āĻā§āϤāĻŋāϤā§āĻŦ, āϝāĻž āĻŦā§āϝāϝāĻŧā§āϰ āϏāĻžāĻĨā§ āĻŽā§āϞāϧāύ āϏāĻŽā§āĻĒāĻĻāĻā§āϞāĻŋāĻā§ āϏāĻžāϰāĻŋāĻŦāĻĻā§āϧ āĻāϰāĻžāϰ āĻāύā§āϝ āĻĻā§āϰā§āϤ āĻāϰā§āĻŽāĻļāĻā§āϤāĻŋ āϏāĻŽā§āĻĒā§āϰāϏāĻžāϰāĻŖā§āϰ āĻāĻā§āĻāĻŋāϤ āĻĻā§āϝāĻŧāĨ¤ āĻāϝāĻŧā§āĻŦāĻĢā§āϞ⧠āĻāĻŦāĻ āĻ ā§āϝāĻžāĻĒāĻŽāĻžāϏā§āĻāĻžāϰā§āϰ āĻŽāϤ⧠no-code āĻĒā§āϞā§āϝāĻžāĻāĻĢāϰā§āĻŽā§āϰ āĻā§āϰāĻŽāĻŦāϰā§āϧāĻŽāĻžāύ āĻā§āϰāĻšāĻŖā§āϰ āϏāĻžāĻĨā§ Webflow and AppMaster , the industry's growth trajectory remains optimistic.
āĻāĻāĻāĻŋ āĻŦā§āϞāĻ āĻĒā§āϏā§āĻā§, āĻŽā§āϝāĻžāĻāĻĄāĻžāϞāĻŋāύ Webflow 's early hardships since its inception nearly six years ago. Despite being accepted into Y Combinator a few months after its launch, the company's founders faced personal and financial struggles. Eventually, Webflow received $2.9 million in seed funding from various funds and angel investors, with Rainfall Ventures contributing more than half.


