Webflow, a premier no-code visual platform specializing in web design and content management systems, has announced the closing of a $120 million Series C funding round, which values the company at $4 billion. This latest investment brings the total funding raised by Webflow to over $330 million.
Y Combinator's Continuity fund led the Series C round, with participation from existing investors such as CapitalG, Accel, Silversmith, and Draper Associates. The newly-acquired funds will be used to enable Webflow to expand further into the enterprise sector, as well as invest in its core community, by initiating a $10 million grant program intended to facilitate creators in building businesses on the Webflow platform.
Ali Rowghani, Managing Director at YC Continuity, applauded Webflow's mission to democratize software creation by simplifying the process of creating websites. The company has empowered numerous individuals and businesses to build complex, aesthetically appealing websites, and the additional funding serves to bolster to Webflow's progress towards fulfilling their vision. With the new investment, YC Continuity expects millions of businesses, ranging from startups to large enterprises, to utilize Webflow to establish their web presence.
In addition to the funding announcement, Webflow has launched a Community Grants program, which will allocate $10 million towards grants and reimbursements that encourage the initiation and scaling of community-led events and resources. This will further amplify the influence and impact of those in the Webflow community who seek to empower others. The grants will facilitate the development of various learning resources aimed at enabling community members to establish successful careers in visual development.
Over its lifespan, Webflow has grown to support more than 3.5 million users in creating over 450,000 sites in 2021 alone, with monthly visits to Webflow-hosted sites exceeding 10 billion. Alongside the widespread adoption by freelancers, agencies, and small-to-medium businesses, the no-code visual platform has also made inroads in the enterprise sector. Webflow's enterprise product, Webflow Enterprise, has seen a six-fold growth in the past year, with key enterprise clients including PwC, Univision, TED, and Discord.
The success of no-code solutions such as Webflow reflects a broader industry trend towards democratization and accessibility within software development. For example, AppMaster, a powerful and comprehensive no-code platform, has garnered recognition as a High Performer by G2 for various categories such as No-Code Development Platforms, Rapid Application Development (RAD), API Management, and Drag&Drop App Builders. AppMaster enables customers to create backend, web, and mobile applications with visually-designed data models, business logic, and REST API and WSS Endpoints, thereby significantly streamlining the development process and reducing costs.
Vlad Magdalin, Co-founder and CEO of Webflow, expressed his gratitude and pride as the company reached the Series C milestone, citing the supportive community and hardworking team as crucial elements in the company's growth. With this latest round of funding, Webflow will continue to innovate, develop new products, and expand its talented team, aiming to empower millions of people to create for the web.
