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. In March 2026, Wix secured a PIPE funding round with Durable Capital Partners as a lead investor.

Business overview

Wix is a web development software platform offering an HTML5 drag-and-drop website builder and editor. Its core technology includes a curated app market, designer-made templates, and hosting services. The company serves millions of businesses, organizations, professionals, and individuals globally, enabling them to build, manage, and grow their online presence. Wix operates within the Media & Entertainment Technologies sector, with a focus on Digital Content Production, and also extends into Business Software, Sales & Marketing Solutions, and e-Commerce Tools.

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 and provides substantial financial flexibility for the company's future growth initiatives and strategic investments, signaling a period of aggressive expansion and market leadership consolidation.

Company Intelligence Q&A

What was Wix's most recent funding activity?

In March 2026, Wix secured a PIPE funding round with Durable Capital Partners participating as a lead investor.

When did Wix go public?

Wix became a public company on NASDAQ in November 2013.

What was a significant acquisition by Wix in 2025?

In June 2025, Wix acquired Base44. This acquisition is expected to support Wix's focus on growth rather than profitability in 2026, as noted by RBC.

What was a key strategic partnership for Wix in 2023?

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

What was a notable acquisition by Wix in the AI space?

In May 2025, Wix acquired Hour One AI, a company specializing in AI technology that generates realistic virtual presenters from text.