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- Netlify
Netlify Valuation, Funding & Investors
Netlify is valued at $2B as of November 2021.
Last Netlify valuation
$2B
Series D · Nov 2021
Last Netlify funding round
$105M
Series D · Nov 2021
Cumulative funding Netlify raised
$212M
across 5 funding rounds
Key investors in Netlify
Andreessen Horowitz
Kleiner Perkins
at.inc/
Ohad Eder-Pressman
Menlo Ventures
Bloomberg Beta
About Netlify
Netlify is a San Francisco-headquartered composable web platform powering Jamstack applications with static hosting, serverless functions, and edge delivery. It supports frameworks like Next.js and Gatsby, deploying over 1 million sites monthly for clients including Peloton, Verizon, and Unilever. Founded in 2014, Netlify processes 15 trillion edge requests yearly across 70 global points of presence.
Founded
2014
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription, Usage-based
Valuation
$2B (Nov 2021)
Netlify Valuation
Netlify is currently valued at $2B, based on its Series D in November 2021.
The $105M round was led by Bessemer Venture Partners, with participation from Menlo Ventures, Kleiner Perkins, Andreessen Horowitz, EQT Ventures, Mango Capital and 1 other investor.
Netlify valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Nov 2021 | Series D | $2B |
Netlify Funding History
Netlify has raised a total of $212M across 5 funding rounds.
Netlify's first fundraising round was a $2M seed round in August 2016. The most recent completed round was a $105M Series D in November 2021.
Netlify funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Nov 2021 | Series D | Bessemer Venture Partners (lead); Menlo Ventures; Kleiner Perkins; Andreessen Horowitz; EQT Ventures; Mango Capital; Bond | $105M | $2B | Netlify, a platform for building, deploying, and scaling modern web applications using Jamstack architecture, raised $105 million in a Series D funding round on November 17, 2021, at a $2 billion valuation. Bessemer Venture Partners led the round, with participation from existing investors Andreessen Horowitz, BOND, EQT Ventures, Kleiner Perkins, Mango Capital, and Menlo Ventures. This brought total funding to $212 million across prior rounds. The company powers websites visited by an estimated 16% of the internet population monthly and serves over two million developers and enterprise customers including Adyen, Affirm, Autodesk, Box, H&R Block, Klépierre, Okta, ServiceNow, Twilio, Unilever, and VMware. Proceeds from the round aim to accelerate growth of the Netlify developer platform, expand the Jamstack ecosystem, and deliver seamless developer experiences through powerful workflows for integrating tools and team collaboration. Netlify also acquired OneGraph, a platform simplifying API and service integrations for web apps. Additionally, the company launched a Jamstack Innovation Fund committing $10 million to early-stage companies and $1 million to open source projects to foster innovation in modern web technologies. Founded in 2014 and based in San Francisco, Netlify pioneered separating front-end design from back-end processes, embracing Jamstack and microservices early when these were nascent concepts. Now a leader in production-ready Jamstack applications from corporate sites to e-commerce and SaaS, it emphasizes diversity with 40% women and non-binary employees and 40% from underrepresented racial and ethnic groups. |
| Mar 2020 | Series C | EQT Ventures (lead); Menlo Ventures; Kleiner Perkins; HubSpot Ventures; Andreessen Horowitz; Preston-Werner Ventures | $63M | - | Netlify, a San Francisco-based developer platform pioneering the JAMstack architecture for building, deploying, and scaling modern web applications using Git workflows, serverless functions, and microservices, raised $53 million in a Series C funding round on March 4, 2020. The round was led by EQT Ventures with participation from existing investors Andreessen Horowitz and Kleiner Perkins, as well as newcomer Preston-Werner Ventures, bringing total funding to $97 million. EQT Ventures' AI platform Motherbrain identified Netlify as a key opportunity, and deal partner Laura Yao joined the board to support global scaling, particularly in Europe. At the time, Netlify had onboarded 800,000 developers and businesses, attracting 8% of the world's internet users monthly to its powered sites. The company reported tripling revenue for three consecutive years, including more than tripling over the prior 12 months, driven by a threefold increase in paying customers, though specific figures were not disclosed. Founders emphasized rapid growth amid the shift to faster, more secure web development tools over traditional servers. Proceeds funded enterprise-grade enhancements like advanced build processing, deployment speed, security auditing, premium support, and team collaboration features to enable JAMstack adoption at scale for larger organizations. Netlify aimed to deepen agency partnerships and expand its platform for enterprise migration from legacy web infrastructure. This positioned Netlify amid a growing developer community embracing JAMstack, validating its mission to empower developers and transform web building. |
| Oct 2018 | Series B | Kleiner Perkins (lead); at.inc/; Jeremy Stoppelman; Stewart Butterfield; Andreessen Horowitz; Dylan Field; Stephanie Schatz; Ohad Eder-Pressman | $30M | - | In October 2018, Netlify raised $30 million in a Series B funding round led by Kleiner Perkins' Mamoon Hamid, with participation from Andreessen Horowitz and prominent technology founders including Stewart Butterfield (Slack), Jeremy Stoppelman (Yelp), Dylan Field (Figma), and others. The company had achieved significant traction by this time, with approximately 800,000 developers using its platform and claims of having more than tripled revenue over the preceding 12 months. Netlify's platform enables developers to build, deploy, and scale modern web applications using the Jamstack architecture, integrating directly with code repositories like GitHub to automate site deployment. The company had already attracted major enterprise customers and was generating significant developer adoption across open source projects including React, Vue, Gatsby, Docker, and Kubernetes. The funding round was intended to enhance enterprise and developer features, build deeper partnerships with web design agencies, and expand the company's global application delivery network capabilities. |
| Mar 2018 | Series A | Andreessen Horowitz (lead); at.inc/; Bloomberg Beta; Designer Fund; Mango Capital; Ohad Eder-Pressman | $12M | - | Netlify raised $12 million in a Series A funding round in March 2018 led by Andreessen Horowitz, with participation from at.inc/, Bloomberg Beta, Designer Fund, Mango Capital, and Ohad Eder-Pressman. The company provides a platform for building, deploying, and scaling modern web applications using JAMstack architecture, eliminating the need for server management. This round followed a prior seed investment in August 2016. |
| Aug 2016 | Seed | at.inc/ (lead); Bloomberg Beta; Ohad Eder-Pressman | $2M | - | - |
Who has invested in Netlify?
17 investors have backed Netlify across its funding rounds, including Andreessen Horowitz, Kleiner Perkins, at.inc/, Ohad Eder-Pressman, Menlo Ventures and Bloomberg Beta.
Lead investors include Bessemer Venture Partners, EQT Ventures, Kleiner Perkins, Andreessen Horowitz and at.inc/.
Netlify Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | Mar 2018 | ||
| 3 | Lead | Aug 2016 | ||
| 3 | Lead | Oct 2018 | ||
| 3 | Participant | Aug 2016 | ||
| 2 | Participant | Mar 2020 | ||
| 2 | Participant | Aug 2016 | ||
| 2 | Lead | Mar 2020 | ||
| 2 | Participant | Mar 2018 | ||
| 1 | Participant | Oct 2018 | ||
| 1 | Participant | Mar 2020 | ||
| 1 | Participant | Oct 2018 | ||
| 1 | Participant | Mar 2018 | ||
| 1 | Lead | Nov 2021 | ||
This data is available for Pro users. Sign up to see all 17 Netlify investors. Start Free Trial | ||||
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Start Free TrialAcquisitions by Netlify
Netlify has acquired 5 companies to date.
Last acquisition by Netlify was on June 29th 2023. Netlify acquired Stackbit for undisclosed valuation.
Latest Acquisitions by Netlify
| Description | Stackbit is a visual CMS for Jamstack sites integrating with GitHub, Netlify, and Gatsby for enterprise teams editing React or Next.js pages without code. It syncs headless CMS like Contentful with live previews and Git-based workflows. Boston-headquartered since 2019, the platform powers marketing sites for brands seeking atomic design updates. | Gatsby is an open-source static site generator built on React, launched in 2015 by Kyle Mathews. It integrates with headless CMS platforms such as Contentful, WordPress, and Drupal through GraphQL queries at build time, supporting progressive web apps with code splitting and service workers. Adopted by sites for Netflix, Nike, and Bloomberg, it processes over 60,000 npm downloads weekly. | - | - | |
| HQ Country | - | ||||
| HQ City | San Francisco, CA | San Francisco, CA | - | - | |
| Deal Date | 29 Jun 2023 | 1 Feb 2023 | 1 Feb 2022 | 17 Nov 2021 | |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
This data is available for Pro users. Sign up to see all Netlify acquisitions and their M&A valuation multiples. Start Free Trial | |||||
Investments by Netlify
Netlify has invested in 2 companies to date.
Latest investment by Netlify was on November 7th 2022. Netlify invested in Gel in their $15M Series A round.
Latest Investments by Netlify
| Description | Gel is a relational database company, known as EdgeDB, founded in 2019 and headquartered in San Francisco, California. It features a streamlined data model and query language for developers handling complex schemas. The platform addresses relational integrity and schema evolution challenges. Gel supports scalable applications in web and enterprise environments. | Convex is a reactive state management platform for web applications using JavaScript and TypeScript functions. Developers bind shared state to frontends, enabling real-time synchronization across clients without manual query management or backend servers. |
| HQ Country | ||
| HQ City | San Francisco, CA | San Francisco, CA |
| Deal Date | 7 Nov 2022 | 27 Apr 2022 |
| Round | Series A | Series A |
| Raised | $15M | $26M |
| Investors | ICONIQ Capital; Nava Ventures; OpenAI; GitHub; Accel; Firebase; IBM | Neo; Andreessen Horowitz |
| Valuation | undisclosed | undisclosed |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all Netlify investments and their VC round multiples. Start Free Trial | ||
Netlify Competitors
Netlify competitors include listed companies like C3.ai, DigitalOcean and MongoDB, and private ones like Docker, CloudBees and Vercel.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $50M | - | $2.1B | 42.0x | ||
| Publicly listed | $250M | ($484M) | $1.7B | 4.5x | ||
| Private | $150M | - | $1.1B | 7.7x | ||
| Private | $200M | - | $9.3B | 46.5x | ||
| Publicly listed | $901M | $343M | $16B | 14.9x | ||
| Publicly listed | $2.5B | ($104M) | $32B | 10.4x |
Netlify Public Comps
Netlify is still privately-owned, but its public comps include ESDS Software, SharonAI, UCloud Technology, Justsystems, VNET Group, C3.ai, Progress Software, Nava, SoftwareOne and Anterix.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $49M | $25M | 38.3x | 13.8x | 76.7x | 56.6x | |||
| $2M | ($36M) | 752.3x | 13.7x | (32.7x) | 46.2x | |||
| $253M | $31M | 7.7x | - | 63.2x | - | |||
| $331M | $156M | 3.1x | 3.2x | 6.7x | - | |||
| $1.5B | $463M | 4.1x | 3.7x | 13.2x | 11.8x | |||
| $250M | ($484M) | 4.3x | 4.5x | (2.2x) | (6.2x) | |||
| $978M | $302M | 3.0x | 2.9x | 9.6x | 7.3x | |||
| $445M | $192M | 3.8x | - | 8.8x | - | |||
This data is available for Pro users. Sign up to see all Netlify competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Netlify
| When was Netlify founded? | Netlify was founded in 2014. |
| Where is Netlify headquartered? | Netlify is headquartered in San Francisco, CA, United States. |
| Is Netlify publicly listed? | No, Netlify is a private, VC-backed company. |
| What is Netlify's valuation? | Netlify was last valued at $2B in its Series D in November 2021. |
| How much funding has Netlify raised? | Netlify has raised $212M across 5 funding rounds. |
| What was Netlify's last funding round? | Netlify's last funding round was a $105M Series D in November 2021, led by Bessemer Venture Partners. |
| Who are Netlify's investors? | Netlify's investors include Andreessen Horowitz, at.inc/, Kleiner Perkins, Ohad Eder-Pressman, Menlo Ventures, Bloomberg Beta, EQT Ventures, Mango Capital, Jeremy Stoppelman, HubSpot Ventures and 7 others. |
| Which companies are comparable to Netlify? | Companies comparable to Netlify include Docker, C3.ai, CloudBees, Vercel, DigitalOcean and MongoDB. |
| How many companies has Netlify acquired? | Netlify has acquired 5 companies, including Stackbit, Gatsby, Quirrel, OneGraph and FeaturePeek. |
| How many companies has Netlify invested in? | Netlify has invested in 2 companies, including Gel and Convex. |
| What was Netlify's last investment? | In November 2022, Netlify invested in Gel's $15M Series A alongside ICONIQ Capital, Nava Ventures, OpenAI and 4 other investors. |
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