Framer raises $100M series D funding, hits $2B valuation as no-code demand surges

Framer, the Amsterdam startup reshaping how websites are built, has raised $100 million in fresh funding, pushing its valuation to $2 billion, according to a report from Reuters. The Series D round underscores the growing appetite for no-code and AI-driven tools as investors warm back up to software bets in a market lifted by expectations of interest rate cuts and a rally in tech stocks.

The round was led by long-time backers Meritech Capital Partners and Atomico, with Accel returning as an investor. That backing from repeat names shows just how much conviction Framer has managed to build since its early days as a prototyping tool.

The company has come a long way since co-founders Jisse Reijsiger and Koen Bok—who previously sold their design studio Sofa to Facebook in 2011—launched it in 2014. What started as a tool for interactive prototypes is now a full-fledged platform that lets teams build, publish, and manage professional-grade sites without touching a line of code. From a design canvas and built-in CMS to forms, analytics, enterprise security, A/B testing, and on-page editing, Framer has become a one-stop shop for design and marketing teams that want to move quickly without waiting for developers.

From Prototyping Tool to $2B No-Code Platform: How Framer Became the Go-To Builder for Startups

The traction speaks for itself. Framer now powers hundreds of thousands of active sites, with half a million monthly active users. Its customer list includes Scale AI, Perplexity, Miro, and Bilt. More tellingly, 40% of the most recent Y Combinator batch launched their websites on Framer—a signal that it has become the default choice for many early-stage startups.

Revenue has followed the user growth. Framer has crossed $50 million in annual recurring revenue this year and expects to double that to $100 million in 2026. Since introducing business plans last year, enterprise adoption has quickly become the fastest-growing part of the business.

Koen Bok, Framer’s co-founder and CEO, put it this way in the company’s announcement: “Framer is changing the way the best companies bring their ideas online. 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.”

The timing of this raise comes as optimism starts to creep back into venture funding for software companies. Reuters pointed out that macroeconomic shifts—including potential Fed rate cuts and the recent stock market rebound—are giving investors room to take bigger bets again. Framer’s surge also arrives in the wake of Figma’s IPO, which showed $228 million in first-quarter sales, reinforcing the broader demand for collaborative design platforms. Bloomberg recently noted that Framer is carving out its space as a simpler alternative to Figma and Squarespace, with a strong emphasis on automation and no-code accessibility.

Framer’s last round was a $27 million Series C in 2023, also backed by Meritech, Atomico, and Accel. The jump to a $2 billion valuation in just two years shows the momentum behind no-code web builders in an era shaped by AI-driven workflows.

While Framer didn’t specify exactly how it will deploy the new capital, the company is expected to double down on enterprise features, expand AI integrations, and grow its team across global offices in Amsterdam, San Francisco, and Barcelona. With more companies chasing ways to move faster online, Framer bets that the next wave of high-growth startups—and increasingly, enterprises—will see no-code as the most efficient way forward.

Framer cofounders Koen Bok and Jorn van Dijk