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Announced

Completed

Y Combinator's Continuity led a $120m Series C funding round in Webflow.

Financials

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Transaction Value£92m
Consideration TypeCash
Capital Owned-
Capital Bid For3%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Software

software development

web development

United States

Venture Capital

Single Bidder

Acquisition

Completed

Private

Minority

Friendly

Domestic

Private Equity

Synopsis

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Y Combinator's Continuity Fund, an investment fund, led a $120m Series C round in Webflow, a provider of no-code visual web development platform, with participation from existing investors CapitalG, Accel, Silversmith, and Draper Associates. "By dramatically simplifying the creation of websites, Webflow has enabled hundreds of thousands of individuals and businesses to build complex, beautifully designed websites. Rarely does one see a company with as much scale and success as Webflow retain as much potential. I've known Vlad and Bryant since 2016 and have been impressed with the consistency of their vision to democratize software creation and their rapid progress towards that goal. We're thrilled to lead this investment and play a bigger role on the Webflow board. We see a future where millions of businesses – from startups, mid-size companies, to large enterprises – will use Webflow to build their presence on the web," Ali Rowghani, YC Continuity Managing Director.

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