Framer raised $100 million from Meritech Capital and Atomico at a valuation of $2 billion to accelerate growth and enhance AI-driven product development.

Target Information

Framer, founded in 2015 and headquartered in Amsterdam, specializes in developing user-friendly software that enables users to create professional websites without the need for coding skills. Over the past few years, the company has experienced significant growth and currently operates offices in both San Francisco and Barcelona.

The recent financing round raised $100 million from notable investors such as Meritech Capital and Atomico, achieving a valuation of approximately $2 billion. This successful round of funding highlights Framer's strong position in the tech industry and its potential for future growth.

Industry Overview

The web development software industry has been undergoing rapid transformation, particularly in Europe. As businesses increasingly shift online, the demand for intui