Wix

Company Overview

Snapshot

Founded in October 2006 by Avishai Abrahami, Giora Kaplan, and Nadav Abrahami, Wix operates with over 7,000 employees. The company has raised a total of $1.95 billion across 8 funding rounds from 6 investors. Wix went public on NASDAQ in November 2013 and in September 2025 secured a $1 billion convertible notes offering.

Business overview

Wix is a web-development software platform that provides an HTML5 drag-and-drop website builder and editor. Its core technology is enhanced by a curated app market, designer-made templates, and robust hosting solutions. The platform serves millions of businesses, organizations, professionals, and individuals, enabling them to build, manage, and grow their online presence across various markets and industries, primarily operating in the Media & Entertainment Technologies sector.

Strategic signal

In September 2025, Wix announced the pricing of an upsized private offering of $1.0 billion in 0.00% Convertible Senior Notes due 2030, following an initial proposed offering of $750 million. This significant capital raise demonstrates strong investor confidence in Wix's long-term growth strategy and its ability to attract substantial funding, signaling a robust financial outlook and potential for continued expansion in the web development market.

Company Intelligence Q&A

What was a significant recent financial event for Wix?

In September 2025, Wix completed an oversubscribed private offering, raising $1 billion through 0.00% Convertible Senior Notes due 2030.

When did Wix go public?

Wix went public on NASDAQ in November 2013.

Which company did Wix acquire in June 2025?

In June 2025, Wix acquired Base44, a move that RBC noted would contribute to Wix's focus on growth over profitability in 2026.

Which company did Wix acquire in May 2025?

In May 2025, Wix acquired Hour One AI, expanding its capabilities in artificial intelligence.

What was a key strategic partnership for Wix in September 2023?

In September 2023, Webnames.ca partnered with Wix to provide Canadians with an end-to-end platform for building, managing, and growing their businesses online.