#2 How Webflow Quiety Grew Without VC Money
Webflow had a shaky start but it became the biggest player in the no-code movement.
In the world of website builders, Webflow is in the league of its own.
A torchbearer of the ‘no-code’ movement, Webflow enables creators to build and publish websites without coding.
Today, Webflow:
- Has more than 45,000+ paying customers
- Attracts over 4 Million visitors each month
- Generates $20+ million in annual recurring revenue
Most importantly, they have fueled this growth by generating revenue and not by burning VC money.
In 2013, Webflow raised a seed round of $2.9 million.
In 2019, Webflow raised a second round of $72 million resulting in an estimated valuation of $350+ million.
During the six years between these two rounds, the Webflow team has built a profitable, self-sustaining, and cash-flow positive business.
Today I am sharing Webflow’s growth strategies that any bootstrapped SaaS business can adopt.