San Francisco-based no-code platform Webflow announced Wednesday that it raised $120 million in fresh financing. The Series C round, led by YC Continuity, sent the unicorn’s valuation soaring to $4 billion.
Webflow is on a mission to democratize website building. The company’s platform aims to make things easier for the average person to visually create what software developers can build with code.
Webflow provides designers with the ability to craft everything from content-driven websites to e-commerce stores. In addition to its site-building abilities, Webflow provides users with a suite of collaboration, workflow and SEO optimization tools.
“With hundreds of thousands of customers now entrusting us with their mission-critical websites, we’re able to invest in building and sustaining a platform that you can build your business on,” Vlad Magdalin, co-founder and CEO of Webflow, said in a statement.
The company had not one, but two announcements to share on Wednesday. In addition to the funding, Webflow announced the launch of its community grants program. The company plans to directly invest $10 million back into its user base. Distribution of said funds will prioritize educators and freelancers as well as programs that empower marginalized creators.
“Our goal is to remove as much friction as possible, and directly pour funds into our community to amplify the work that many of [them] are already doing out of [their] intrinsic desire to help others succeed in [our] community,” Magdalin continued.
Webflow is used by more than 3.5 million designers and teams to create and scale websites, according to the company. Webflow’s clients include tech giants like Lattice and VC stars like Pacific Funds.
“We were able to get a published, working version of the entire website live in less than two weeks, and we didn’t have to compromise on our original designs,” Karen Yue, director of digital marketing at Pacific Funds, said in a statement.
Following the latest raise, the company plans to continue expanding its team. Webflow is now hiring for a bevy of open positions — 60 to be exact. Roles span the company’s product, sales and engineering teams, with a majority available in the latter department. Those up for grabs are all available to work remote.
Webflow has raised over $330 million in venture capital financing to date, according to the company.
