Dutch company Framer, which makes tools for automating web design, has raised a $100m Series D at a $2bn valuation.
The round was led by existing investors Meritech and Atomico, and crowned Framer as Europe's latest unicorn.
Amid the AI frenzy, investors are eager to back companies offering users no-code or vibecoding features, allowing them to create websites themselves with little to no programming knowledge.
Investor interest in the category was demonstrated in the record-breaking IPO of Figma, a collaborative interface design tool that uses AI to automate creative tasks and generate content from prompts — in July.
Framer says it has 500k monthly active users and its customers include startups like Scale AI, Perplexity, Miro and Bilt and is trying to attract larger enterprise customers.
The Amsterdam-based company was founded in 2013 and has offices in San Francisco and Barcelona. At its last round in 2023, it raised $27m but did not disclose a valuation.
