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Figma Competitor Framer Raises $100M At $2B Valuation

Illustration of a unicorn with a green money background. [Dom Guzman]

Website design platform announced a $100 million Series D that values it at $2 billion.

The round was led by existing investors and .

Amsterdam- and San Francisco-based Framer says its on pace to hit $100 million in ARR next year and that 40% of the latest batch uses its software. Other major customers include , , and .

Framer was founded in 2015 in Amsterdam and has since raised $161 million, per . Founders and sold their previous company, Sofa, to in 2011.

Framers latest funding comes as shares of competitor have fallen about 40% since that companys blockbuster IPO earlier this month.

Framer said its platform differs from traditional visual website design tools like in that its software also includes tools for businesses such as A/B testing, analytics and enterprise-level security.

Framer is changing the way the best companies bring their ideas online, Bok, Framer CEO, said in a statement. Designers and marketers can now ship production-ready sites in days, not months without waiting on a front-end team. That means better-looking, higher performing pages built right where the brand lives.

Startups related to web design, web development and developer tools have raised $5.4 billion from venture investors so far this year, 蹤獲弝け shows. That compares with $6.4 billion in all of 2024 and $4.3 billion in 2023. Other notable venture funding recipients in the broader category in recent years include and

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