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 that provides an HTML5 drag-and-drop website builder and editor. The platform is enhanced with a curated app market, designer-made templates, and hosting services. Wix serves millions of businesses, organizations, professionals, and individuals, enabling them to build, manage, and grow their online presence across various sectors, including e-commerce and digital content production.

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 proposal for $750 million. This significant capital raise demonstrates strong investor confidence in Wix's long-term growth strategy and its ability to attract substantial financing, signaling a robust financial outlook and potential for accelerated expansion in its market.

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 went public on NASDAQ in November 2013.

What was a key acquisition for Wix in 2025?

In June 2025, Wix acquired Base44. This acquisition is expected to support Wix's focus on growth and expanding margins in 2026.

What was a significant product development announced by Wix in 2022?

In September 2022, Wix DevCon unveiled developer-centric products aimed at accelerating the future of web creation.

What strategic partnership did Wix form in September 2023?

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