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. The platform is enhanced by a curated app market, designer-made templates, and hosting services. Wix serves millions of businesses, organizations, professionals, and individuals globally, enabling them to build, manage, and grow their online presence. The company operates within the Media & Entertainment Technologies sector, focusing on digital content production, and also spans 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 proposal for $750 million. This significant capital raise demonstrates strong investor confidence and provides Wix with substantial resources for continued growth and strategic initiatives, reinforcing its market position and financial flexibility.

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 key strategic acquisition for Wix in 2025?

In June 2025, Wix acquired Base44, a move that aligns with its strategy to focus on growth, as noted by RBC.

What was another acquisition by Wix in 2025?

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

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

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