Webflow Raises $120M in Series C at $4 Billion Valuation

Webflow, a San Francisco, CA-based no-code visual development platform provider, raised $120M in Series C funding.

The round was led by Y Combinator’s Continuity fund, with participation from CapitalG, Accel, Silversmith, and Draper Associates.

The company intends to use the funds to expand further into the enterprise, consider acquisitions to help expand the value of the platform faster, and invest in its core community, starting with a $10m grant program to help creators build businesses on Webflow. The program will provide grants that enable the creation of learning and development resources aimed at enabling community members to build entire careers in visual development. 

Led by CEO Vlad Magdalin, Webflow is a no-code visual web development platform which generates code to enable anyone to build web-based businesses and adapt to changes without developers or months of building. The company aims to democratize building for the web, enabling people from all different backgrounds, companies and teams of all sizes, from freelancers and agencies to small and medium businesses and beyond, to build web-based businesses. Overall, Webflow users now number more than 3.5 million and in total built more than 450,000 sites in 2021. 

Webflow powers websites for innovators like PwC, MURAL, Rakuten, TED and Univision.