-32%

est. 2Y upside i

Series D+

Framer offers a powerful, no-code website builder for designers & teams to create professional, fully functional websites—without developers. Enjoy full design freedom, a powerful CMS, built-in SEO, and real-time collaboration.

Rank

#2981

Sector

No-code Website Builder / Design Software

Est. Liquidity

~3Y

Data Quality

Data: Medium

Framer's equity is unattractive for a 2-year horizon given the $2B entry valuation on $50M revenue (40x).

Last updated: July 19, 2026

Bull (25%)+48%

Framer IPOs within 2 years at a 12x forward revenue multiple, driven by category leadership in no-code and AI features, despite incumbent competition.

Base (50%)-51%

Growth decelerates as expected; multiple compresses to 4x in line with mature public comps like Wix and Squarespace, halving the valuation.

Bear (25%)-75%

Intense competition from Figma and incumbents leads to revenue underperformance and multiple contraction to 2x, far below comps.

Est. time to liquidity~3.0 years

Preference Stack Risk

moderate

Funding Intensity

8%

Total preferred stock of $161M vs $2B valuation results in 8% liquidation preference overhang.

Dilution Risk

low

Company is profitable and just raised $100M, so unlikely to raise again within 2 years.

Secondary Liquidity

none

No secondary trading activity reported.

Other — 2 roles

View all 2 open roles at Framer →

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on Framer's data — designed to show you've done your homework.

  • 1

    “How does Framer plan to sustain 100% growth given increasing competition from Figma and Webflow?”

  • 2

    “What is the company’s path to $1B ARR and how does that change the discount rate?”

  • 3

    “Given the high current valuation, what is the realistic multiple you’d assign to Framer at IPO and why?”

Community

Valuation Sentiment

Our model estimates -32% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.