# Wix.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wix-com

- Industry: Internet
- Headquarters: Tel Aviv-Yafo, Israel
- Website: www.wix.com
- Total disclosed funding: $59M
- Latest round: Series D (Mar 28, 2011)
- Investors on record: 5

## About

Wix.com, Inc. is an Israeli company that provides a robust platform for website creation, enabling users to design and manage personalized websites without requiring coding skills.Founded in 2006 in Tel Aviv-Yafo, Israel, Wix.com, Inc. is known for its website building platform. The company raised USD 127 mn in its IPO in November 2013 and has successfully raised USD 80 mn in a Private Placement/Follow on round in January 2015. The founder group includes Aditya Badmal, Arik Levy, Nadav Abrahami, and several others. The company has completed 8 deals to date, with its latest funding round amounting to USD 80 mn and bringing its total raised to USD 80 mn.Wix.com offers a comprehensive platform for website creation, empowering users with a suite of intuitive design features and over 900 customizable templates. The core product is the website builder that allows users to create personalized websites without coding knowledge. The platform includes eCommerce solutions, scheduling tools, and features for portfolios, blogging, and educational courses, catering to a diverse client base ranging from small businesses to large enterprises across various industries.For the year 2023, Wix reported a revenue of USD 1,561.67 mn and an EBITDA of USD 14.61 mn. The company generates revenue mainly through subscription plans that cater to customers' varied needs, with additional services available for premium users.Wix.com plans to leverage its most recent funding to further develop its new social and mobile products. The company is focused on expanding its presence in North America, Europe, and Asia-Pacific, with specific initiatives aimed at enhancing its service offerings by 2025. Recent funding will bolster these efforts, ensuring that the company effectively launches new products and enhances user engagement.

## Funding rounds

- Series D, Mar 28, 2011, $40M — Benchmark, Insight Partners, DAG Ventures, Mangrove Capital Partners, Bessemer Venture Partners
- Series C, Mar 24, 2010, $10M — Benchmark, Mangrove Capital Partners, Bessemer Venture Partners
- Series B, Oct 13, 2008, $3.5M — Mangrove Capital Partners, Bessemer Venture Partners
- Series A, Dec 1, 2007, $5M — Mangrove Capital Partners, Bessemer Venture Partners

## Investors

- Mangrove Capital Partners (https://capitalatlas.ai/funds/mangrove-capital-partners) — Series A, Series B, Series C, Series D
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series A, Series B, Series C, Series D
- Benchmark (https://capitalatlas.ai/funds/benchmark) — Series C, Series D
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series D
- DAG Ventures (https://capitalatlas.ai/funds/dag-ventures) — Series D