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 from Durable Capital Partners.

Business overview

Wix is a web-development software platform offering an HTML5 drag-and-drop website builder and editor. It provides a curated app market, designer-made templates, hosting, and various free features. The platform is utilized by millions of businesses, organizations, professionals, and individuals globally to build, manage, and expand their online presence, operating within the Media & Entertainment Technologies sector and serving consumers and businesses.

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 through convertible notes indicates strong investor confidence and provides Wix with substantial financial flexibility to fuel future growth initiatives and strategic expansions, reinforcing its market position in web development.

Company Intelligence Q&A

What was a major financial event for Wix in September 2025?

In September 2025, Wix announced the pricing of an upsized private offering of $1.0 billion in 0.00% Convertible Senior Notes due 2030.

When did Wix complete its share repurchase program?

In September 2021, Wix announced the completion of a $200 million share repurchase program.

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 online businesses.