Golden
Webflow

Webflow

Webflow is a company providing a design and hosting platform for users to create websites.

Founded in 2013 by Vlad Magdalin, his brother Sergie Magdalin and their friend, and previous co-worker, Bryant Chou, Webflow offers users a platform to build and host a professional website without knowing how to code.

Funding

Seed round - Y Combinator

This round generated $2.9 million in funding for Webflow in 2014. The round included investment from Khosla Ventures, Draper Associates and Rainfall Ventures.



After this initial round of funding, Webflow faced skepticism over its niche and saturated market. Webflow marketed their website builder to the freelance design community as a tool to create websites for clients. And they focused on becoming profitable. This lead to their Series A. 

Series A

Their Series A generated $72 million for Webflow and left post-financing valuation of Webflow between $350-400 million. Accel lead the round which included Silversmith Capital Partners, Rainfall Ventures, FundersClub, Draper Associates and various angels. 

Product

Webflow offers a code-free design focused website builder whose overall look and functionality is reminiscent of Adobe's Creative Suite. They offer basic hosting services under their website plans, which offer a monthly subscription fee from Basic, CMS and Business. The plans have different categorized focuses and scaled pricing. 



They also offer ecommerce which allow the user to sell products through their site, starting at their standard plan, to Plus plan to Advanced plan. The plans scale in cost and capability.



The design is drag-and-drop and allows for customization down to the code level. For first time users, or those with little-to-no technical knowledge, Webflow offers its University. There, users can access videos, guides and courses to guide users through the process. 



Webflow hosting is provided by Amazon Web Services (AWS) and facilitated by Fastly and Amazon Cloudfront. This gives their sites quick response times and no worry about server maintenance. Further, their hosting comes with SSL certificates, HTTP/2 compliance, site search, form control, password protection, automatically-generated sitemap and automatic backups.

Timeline

Funding rounds

3 Results
Funding round
Funding round
Funding round amount (USD)
Funding round amount (USD)
Funding type
Funding type
Funding round date
Funding round date
Investment
Investment

People

Name
Role
LinkedIn

Alejandra Villa

Employee



Andre Gharakhanian

Attorney



Andrew Nguyen

Employee



Barrett Johnson

Employee



Benjamin Ling

Investor



Bryant Chou

Board member



Craig Condon

Employee



David Beveridge

Employee



Dustan Kasten

Employee



Eric Bahn

Advisor



Gadzhi Kharkharov

Employee



Jacob Gillespie

Employee



Javier Chávarri Alvarez

Employee



Jeff Peterson

Employee



Jeff Schox

Attorney



Joel Yarmon

Investor



John Moore-Williams

Employee



Julian Shapiro

Employee



Kristofer Joseph

Employee



Leonard Souza

Employee



Lou Acresti

Employee



Malcolm Phelan

Employee



Natalie Magdalin

Employee



Nathan Romero

Employee



Olena Sovyn

Employee



Further reading

Title
Author
Link
Type
Date

No-Code Website Builder Webflow Went From Near Bankruptcy To A $72 Million Series A Funding Round

Alex Konrad

Web

August 7, 2019

Webflow CSS Playground



Web



Documentaries, videos and podcasts

Title
Date
Link

Welcome to the age of no-code

August 13, 2019

Companies

Company
CEO
Location
Products/Services









References