āĻāϝāĻŧā§āĻŦāĻĢā§āϞ⧠$120M āĻŦāĻžāĻĄāĻŧāĻžāϝāĻŧ, $4B āĻŽā§āϞā§āϝāĻžāϝāĻŧāύ āĻ āϰā§āĻāύ āĻāϰā§; āύā§-āĻā§āĻĄ āĻ ā§āϝāĻžāĻĒ āĻĄā§āĻā§āϞāĻĒāĻŽā§āύā§āĻā§ āĻāĻāĻāĻŋ āϏāĻŽā§āĻĒā§āϰāϏāĻžāϰāĻŖā§āϰ āĻĒā§āϰā§āĻŦāĻžāĻāĻžāϏ āĻĻā§āϝāĻŧ
āĻāϝāĻŧā§āĻŦāĻĢā§āϞā§, āύā§āϤā§āϏā§āĻĨāĻžāύā§āϝāĻŧ āĻāϝāĻŧā§āĻŦāϏāĻžāĻāĻ āύāĻŋāϰā§āĻŽāĻžāϤāĻž, āĻāϝāĻŧāĻžāĻ āĻāĻŽā§āĻŦāĻŋāύā§āĻāϰ āĻāύā§āĻāĻŋāύāĻŋāĻāĻāĻŋāϰ āύā§āϤā§āϤā§āĻŦā§ $120 āĻŽāĻŋāϞāĻŋāϝāĻŧāύ āϏāĻŋāϰāĻŋāĻ āϏāĻŋ āĻĢāĻžāύā§āĻĄāĻŋāĻ āϰāĻžāĻāύā§āĻĄ āĻā§āώāĻŖāĻž āĻāϰā§āĻā§, āϝāĻž $4 āĻŦāĻŋāϞāĻŋāϝāĻŧāύ āĻŽā§āϞā§āϝāĻžāϝāĻŧāύ āĻ āϰā§āĻāύ āĻāϰā§āĻā§āĨ¤ āĻā§āĻŽā§āĻĒāĻžāύ⧠āύā§-āĻā§āĻĄ āϏāĻĢā§āĻāĻāϝāĻŧā§āϝāĻžāϰ āĻāĻā§āϏāĻŋāϏā§āĻā§āĻŽā§āϰ āĻāϰāĻ āϏāĻŽā§āĻĒā§āϰāϏāĻžāϰāĻŖā§āϰ āĻĒāϰāĻŋāĻāϞā§āĻĒāύāĻž āĻāϰā§, āĻāĻŽāύ āĻāĻāĻāĻŋ āĻāĻŦāĻŋāώā§āϝāϤā§āϰ āĻāϞā§āĻĒāύāĻž āĻāϰ⧠āϝā§āĻāĻžāύ⧠āĻŦā§āϝāĻŦāĻšāĻžāϰāĻāĻžāϰā§āϰāĻž āĻā§āĻĄāĻŋāĻ āĻĻāĻā§āώāϤāĻžāϰ āĻĒā§āϰāϝāĻŧā§āĻāύ āĻāĻžāĻĄāĻŧāĻžāĻ āϏāĻĢā§āĻāĻāϝāĻŧā§āϝāĻžāϰ āĻ ā§āϝāĻžāĻĒā§āϞāĻŋāĻā§āĻļāύ āϤā§āϰāĻŋ āĻāϰāϤ⧠āĻĒāĻžāϰā§ā§ˇ

āĻļā§āϰā§āώāϏā§āĻĨāĻžāύā§āϝāĻŧ āĻāϝāĻŧā§āĻŦāϏāĻžāĻāĻ āύāĻŋāϰā§āĻŽāĻžāϤāĻž Webflow has announced a significant milestone-backed by a $120 million in Series C funding round. Investment was led by Y Combinator Continuity, and included participation from existing investors like CapitalG and Accel, raising the company's valuation to an impressive $4 billion. This funding comes just as Webflow is projected to achieve a $100 million annual recurring revenue within the next month.
āϏāĻžāύ āĻĢā§āϰāĻžāύā§āϏāĻŋāϏāĻā§-āĻāĻŋāϤā§āϤāĻŋāĻ āĻā§āĻŽā§āĻĒāĻžāύāĻŋ, 2012 āϏāĻžāϞ⧠āϏāĻŋāĻāĻ āĻā§āϞāĻžāĻĻ āĻŽā§āϝāĻžāĻāĻĄāĻžāϞāĻŋāύ, āϤāĻžāϰ āĻāĻžāĻ āϏāĻžāϰā§āĻāĻŋ āĻāĻŦāĻ āϤāĻžāĻĻā§āϰ āĻŦāύā§āϧ⧠āĻŦā§āϰāĻžāϝāĻŧāĻžāύā§āĻ āĻā§ āĻĻā§āĻŦāĻžāϰāĻž āϏāĻš-āĻĒā§āϰāϤāĻŋāώā§āĻ āĻŋāϤ, āĻĒā§āϰāĻžāĻĨāĻŽāĻŋāĻ āϏāĻāĻā§āϰāĻžāĻŽāĻā§āϞāĻŋ āĻāĻžāĻāĻŋāϝāĻŧā§ āĻāĻ ā§āĻā§ āĻāĻŦāĻ āĻā§āϰāĻŽāĻŦāϰā§āϧāĻŽāĻžāύ no-code āϏāĻĢā§āĻāĻāϝāĻŧā§āϝāĻžāϰ āĻĒā§āϰāĻŦāĻŖāϤāĻžāĻā§ āĻĒā§āĻāĻāĻŋ āĻāϰā§āĻā§ā§ˇ āĻŽā§āϞāϤ āĻāĻāĻāĻŋ āĻĒā§āϞā§āϝāĻžāĻāĻĢāϰā§āĻŽ āĻšāĻŋāϏāĻžāĻŦā§ āĻļā§āϰ⧠āĻāϰ⧠āϝāĻž āĻŦā§āϝāĻŦāĻšāĻžāϰāĻāĻžāϰā§āĻĻā§āϰ āĻā§āĻĄāĻŋāĻ Webflow was accepted into Y Combinator's accelerator in 2013. After raising $2.9 million in seed funding the trio decided to bootstrap the company until it became self-sustaining.
2019 āϏāĻžāϞ āύāĻžāĻāĻžāĻĻ, Webflow had reached profitability with more than $10 million in annual revenue. Today, the platform serves over 200,000 customers and has accumulated a revenue of $335 million. The company's client base includes enterprise companies such as Univision and PwC, with an eightfold growth in revenue from this segment during the past year.
Webflow. He envisions the company evolving into a powerful no-code tool for creating both websites and software applications within the next two to three years. This would empower knowledge workers to become potential developers without any coding skills. With the recent funding, Magdalin aims to pursue more long-term projects that align with this vision.
āĻ āύā§āϝāĻžāύā§āϝ āĻā§āώā§āϤā§āϰāĻā§āϞāĻŋāϤ⧠āĻĒā§āϰāϏāĻžāϰāĻŋāϤ āĻāϰāĻžāϰ āĻĒā§āϰāĻā§āώā§āĻāĻžāϰ āĻĒāĻžāĻļāĻžāĻĒāĻžāĻļāĻŋ, Webflow is investing $10 million from the recent round to offer grants to users who create resources or host events that help others learn how to use the platform. Despite stiff competition from Wix, Shopify, and other website builders, the company's potential to expand into the promising no-code app development space positions appmaster.io/blog/no-code-app-builder> AppMaster āĻāĻŦāĻ āĻ āύā§āϝāĻžāύā§āϝ āĻ āύā§āϰā§āĻĒ āĻĒā§āϞā§āϝāĻžāĻāĻĢāϰā§āĻŽā§ āĻĒā§āϰāϏāĻžāϰāĻŋāϤ āĻšāĻāϝāĻŧāĻžāϰ āϏāĻŽā§āĻāĻžāĻŦāύāĻž āĻāĻā§āĻā§āĻŦāϞāĨ¤ āĻāĻŦāĻŋāώā§āϝā§
Webflow down the line, but no plans are currently in place for such an endeavor. The influx of new capital will allow the company to strengthen its position, even in the face of an extended market downturn or business acquisitions. With an increasing focus on no-code and appmaster.io/blog/full-guide-on-no-code-low-code-app-development-for-2022> low-code āĻ ā§āϝāĻžāĻĒ āĻĄā§āĻā§āϞāĻĒāĻŽā§āύā§āĻā§āϰ āĻāĻĒāϰ āĻā§āϰāĻŽāĻŦāϰā§āϧāĻŽāĻžāύ āĻĢā§āĻāĻžāϏā§āϰ āϏāĻžāĻĨā§, Webflow āĻāĻāĻāĻŋ āĻĒā§āϰāϧāĻžāύ āĻšāϝāĻŧā§ āĻāĻ āϤ⧠āĻĒā§āϰāϏā§āϤā§āϤ āĻĒā§āϰāϝā§āĻā§āϤāĻŋāĻāϤ āϏā§āĻĨāĻžāύ āϏāĻŽā§āĻĒā§āϰāϏāĻžāϰāĻŖāĻāĻžāϰ⧠āĻā§āϞā§āϝāĻŧāĻžāĻĄāĻŧāĨ¤


